POS Terminals

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BRC Payments Survey point finger at card scheme fees – The facts

21 Oct 20 @ 11:20

Over the last couple of days there have been numerous reports around extravagant card scheme fees paid to the major payment networks, retailers had to spend more than £1 billion... read more

EuroCommerce and ECPA respond to EU retail payments strategy

12 Oct 20 @ 09:39

In a recent statement, EuroCommerce – the European retailers’ association – has welcomed the EU’s retail payments strategy (RPS) and plans for European banks to collaborate in a European Payments... read more

UnionPay accounts for 45% of global cards spending – Visa still on top

09 Oct 20 @ 16:06

New research shows that spending on payment cards continues to grow strongly, expenditure rose by 13% to reach $35 trillion in 2019. There were a number of factors driving this... read more

World Payments Report 2020: COVID-19 drives transformation

06 Oct 20 @ 17:10

The latest version of the World Payments Report has been released today, payment firms are being pushed rapidly into transformation, even as they handle larger transaction volumes, face increased competition... read more

Castles Technology announces the acquisition of Spire Payments

02 Oct 20 @ 14:59

Castles Technology has completed the acquisition of the business and assets of Spire Payments, the leading European based EFTPOS terminal solutions provider. With the acquisition of the business and assets... read more

Amazon launch Amazon One contactless vein palm technology – Should we use it?

30 Sep 20 @ 13:36

Amazon has launched a new vein palm payment system, Amazon One, for physical shops which uses a simple, contactless wave of the hand. The Amazon One scanner registers an image... read more

Europe is building EPI – an alternative to Visa and Mastercard – might it work?

28 Sep 20 @ 14:31

Last year the European Central Bank said that it welcomed the European Payments Initiative (EPI), an initiative by some of Europe’s top banks to explore the development of a “rival... read more

European Commission urged to further regulate card fees

25 Sep 20 @ 12:40

The European Commission has adopted a new Digital Finance Package, including Digital Finance and Retail Payments Strategies, and legislative proposals on crypto-assets and digital resilience. The package aims to boost... read more

The European Payments Initiative: Building partnerships or raising red flags?

23 Sep 20 @ 12:43

In July the European Central Bank welcomed the decision brought forward by 16 European banks to launch The European Payments Initiative, a pan-European payment scheme. Although the solution aims to... read more

Smart checkout technologies to process $387 billion in transactions

08 Sep 20 @ 10:56

A new study has found that the value of transactions processed by smart checkout technologies, where the fixed checkout process is replaced by a frictionless model, will reach $387 billion... read more

Analysis of UK credit card issuer data shows uplift in spending and payments

08 Sep 20 @ 10:05

New UK credit card issuer data has been released for the period June and July 2020, the below is an analysis of UK credit card trends post COVID-19. The data... read more

Contactless payment market worth over $100 billion by 2026

20 Aug 20 @ 13:03

The contactless payment market size exceeded $40 billion in 2019 and is estimated to grow at 15% CAGR from 2020 to 2026. The global industry shipments are projected to reach... read more

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Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more