E-Commerce

Showing Latest E-Commerce

E-commerce in Germany hits new high in 2020, now worth €83.3 billion

08 Feb 21 @ 15:02

E-commerce in Germany was worth €83.3 billion in 2020. This is an increase of 14.6% compared to 2019. The growth is significant, as the average growth over the previous three... read more

UK financial watchdog pushes for further regulation of ‘buy now, pay later’ credit

03 Feb 21 @ 16:59

The UK’s Financial Conduct Authority has said that “buy now, pay later” credit deals offered by online retailers pose a “significant potential for consumer harm” and require regulation “as a... read more

Biometrics to secure over $3 trillion in mobile payments by 2025

02 Feb 21 @ 15:50

A new study has found that biometrics will authenticate over $3 trillion of payment transactions in 2025, from just $404 billion in 2020. The report found that biometrics, including fingerprint,... read more

Chinese card payments market skyrockets – Australia subdued from COVID

27 Jan 21 @ 17:33

Card payments in China have been on a sustained growth path for the last few years. While the growth has been somewhat affected by COVID-19, it is still forecasted to... read more

Mastercard hikes up interchange fees for non UK merchants

25 Jan 21 @ 11:20

Mastercard has announced that it will raise interchange fees by about five times the current limit when a UK card holder uses a debit or credit card to buy from... read more

New Year, New Habits: Contactless payments and e-commerce are here to stay

14 Jan 21 @ 10:48

As the one-year mark of the COVID-19 pandemic approaches and digital payments play a larger role in daily life around the world, there will be no reverse gear on consumer... read more

E-commerce in Africa: can the promise of the continent be fulfilled?

06 Jan 21 @ 16:58

In a recent issue, PCM’s lead feature examined the potential and risks associated with African payments. Now research from global payments firm PPRO claims to show that Africa and the... read more

Domestic Australian payments networks to merge

18 Dec 20 @ 10:33

The group of three domestic Australian payment organisations are set to merge forming a new company to create a “stronger, unified entity that will aim to reduce costs, increase innovation... read more

2021: The Future of Banking-as-a-Service (BaaS)

17 Dec 20 @ 11:19

The COVID-19 pandemic has accelerated the digital transformation journey, with increasing numbers of non-finance digital brands embracing Banking as a Service (BaaS). At the same time, there remains a huge... read more

Revolut announces merchant acquiring solution for businesses

15 Dec 20 @ 13:31

Revolut has extended its business product offering by offering a merchant acquiring platform from which businesses can accept online card payments. Revolut’s chief executive Nik Storonsky announced that merchant acquiring... read more

JD.com first to accept China’s CBDC digital yuan

14 Dec 20 @ 12:30

A little more than a year ago Mu Changchun, Deputy Chief in the Payment and Settlement Division of the People’s Bank of China (PBOC,) stated that the digital yuan CBDC... read more

Google Pay and Apple Pay chargebacks fraud hardest to challenge

11 Dec 20 @ 17:21

Nearly half (40%) of merchants are reporting a rise in friendly fraud over the past 12 months, but the majority are struggling to challenge Google Pay and Apple Pay chargebacks... read more

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Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more

Bank of England Warns DLT Complexity in Settlements

18 May 26 @ 17:07

The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more

Visa announces €500 Million European Investment Signals Strategic Response to Payments Sovereignty Push

31 May 26 @ 12:59

The debate around European payments sovereignty has intensified significantly over the past two years. Policymakers, regulators and financial institutions acros... more