Contactless

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UK contactless spend tops £370 million in H1 2017

17 Aug 17 @ 16:46

Mobile contactless transactions topped £370 million in the first six months of 2017, a 336% year on year rise in spending, according to the latest transaction data from payments processor... read more

Cash still king in UK but consumers are turning to contactless

11 Aug 17 @ 13:54

The number of cash payments decreased by 11% between 2015 and 2016, but it still remains the most frequently used payment method in the UK, according to new data published... read more

ICC Solutions releases ICCSimCTC: Visa HCE validated by Visa

04 Aug 17 @ 10:29

ICC Solutions has released its Visa HCE test suite, hosted on the industry leading ICCSimCTC card test tool platform, which has been fully tested and validated by Visa. This test... read more

Tokenization: What is a smart token?

01 Aug 17 @ 12:52

Before we get into the smart token bit, let’s recap. Tokenization is the security process that most recently unlocked the mobile payments market. All the major ‘OEM Pays’ (Apple Pay,... read more

Market Overview: Payments in Russia

31 Jul 17 @ 15:30

On the centenary of the Russian Revolution, we examine payments in the world’s largest country. How do Russians pay today? And given the state bank dynamic, a new domestic card... read more

Apple Pay’s first large-scale promotion in China intensifies its competition with Alipay and WeChat Pay

28 Jul 17 @ 14:59

The size of Apple Pay’s share in the mobile payments market in China will depend on how well Apple Pay fits the needs of the local market and how substantial... read more

Bank of America and PayPal partner to enable in-store payments

28 Jul 17 @ 13:49

Bank of America and PayPal announced a strategic partnership that will enable Bank of America customers to transact with PayPal in stores and seamlessly link their Bank of America cards... read more

Global non-cash transaction volumes record highest growth of past decade

25 Jul 17 @ 10:02

Global non-cash transaction volumes grew 11.2% during 2014–2015 to reach 433.1 billion, the highest growth of the past decade, and slightly above last year’s World Payments Report prediction (Figure 1.1).... read more

PayPal and Visa ink deal to offer debit cards in Europe

24 Jul 17 @ 15:02

PayPal has signed a deal with Visa that allows it to issue Visa branded debit cards in Europe, as the company moves further into traditional retail banking territory. The two... read more

Contactless payments drive doubling of UK Card payments in 10 years

19 Jun 17 @ 14:14

The number of purchases using debit and credit cards has more than doubled in the past 10 years, as contactless payments and online retail have driven a change in the... read more

National mobile wallet service launches in United Arab Emirates

07 Jun 17 @ 10:32

The first nationally sanctioned mobile wallet solution for the United Arab Emirates has been launched. Emcredit, a fully owned subsidiary of the Dubai Economy, will launch empay, a secure mobile wallet... read more

LG launches delayed mobile payment system LG Pay

05 Jun 17 @ 13:56

LG has managed to launch its heavily delayed mobile payment service dubbed LG Pay on Friday, June 2. The digital wallet will  compete with other wallets like Samsung Pay and Apple Pay. According... read more

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Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more

UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Major UK Banks unite to develop digital verification service

30 Jun 26 @ 07:05

Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more