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€13 billion worth of contactless payments made in Ireland in 2022

14 Dec 22 @ 12:13

Nearly €13 billion worth of contactless payments were made in 2022 as online and mobile banking payments hit record levels and cheque volumes dropped to an all-time low. This according... read more

UK debit card use soars to 90% of spend as fees continue to rise

13 Dec 22 @ 12:03

The British Retail Consortium (BRC) published its latest annual Payments Survey. The survey is an annual publication of the BRC measuring the sales volumes and values of different payment channels... read more

Merchant acquiring in the Med – A hot business

09 Dec 22 @ 14:10

Global merchant acquiring volume is set to hit $41 trillion in volume by 2026, with fresh impetus coming from skyrocketing e-commerce growth, soaring contactless usage and a reshaping of business... read more

BNPL surges during cost of living crisis to 13.5 million UK users

01 Dec 22 @ 17:08

More than one quarter of UK consumers are turning to Buy Now Pay Later (BNPL) schemes, according to Forbes Advisor, which researched consumer behaviour and attitudes towards BNPL service, as... read more

PSR fines Barclays bank £8.4 million for breaking interchange fee rule

01 Dec 22 @ 16:34

The Payment Systems Regulator (PSR) have published the outcome of its latest enforcement case into Barclays bank for failing to comply with the Interchange Fee Regulation (IFR). The PSR found... read more

Court of Appeal unanimously dismisses Mastercard interchange fee appeal

29 Nov 22 @ 17:57

The UK’s Court of Appeal has today dismissed Mastercard’s appeal against the Competition Appeals Tribunal decision in which a class action law suits was bought against the company for unfair... read more

UK credit card market report 2022

24 Nov 22 @ 16:00

The latest report of UK credit card trends — for September 2022 — provides clear signs of consumer indebtedness as the cost of living crisis impacts finances. Analysis of the... read more

Soft POS user base to grow 475% globally by 2027

23 Nov 22 @ 17:20

A new study has found the total number of merchants deploying soft POS solutions will surpass 34.5 million globally by 2027, rising from 6 million in 2022. Soft POS enables... read more

Worldline to acquire Banco Desio merchant acquiring activities

08 Nov 22 @ 13:45

Worldline has signed of a binding agreement for the acquisition of Banco Desio’s merchant acquiring activities and the planned set-up of a commercial partnership aiming to leverage Banco Desio’s banking network in order to distribute... read more

75% of European banks to move parts of payments value chain to SaaS

02 Nov 22 @ 11:17

A new study from Tietoevry Banking reveals that European banks will accelerate outsourcing in response to the rapidly changing end-user payment pattern and competitive landscape. The European banking payment landscape... read more

Nordic Payment Report 2022

31 Oct 22 @ 17:10

Nets, has published its Nordic Payment Report 2022, revealing a strong recovery for face-to-face payments, particularly in hospitality and transport sectors, as mobile payments gain ground at physical points of... read more

Worldline completes 55% acquisition of SoftPos.eu

26 Oct 22 @ 18:20

Just month after completing the sale of its POS division, Worldline has announced the closing of the acquisition of 55% of the capital of SoftPos.eu, which transforms Android mobile devices... 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