Daily News

05 Nov 13 @ 14:07

Is a cashless society the shape of things to come? Many predict a world without physical money, where people are prepared to carry out all their banking transactions through mobile... read more

04 Nov 13 @ 18:00

SecureTrading, the UK’s leading independent payment processor, has joined forces with FEXCO to deliver Dynamic Currency Conversion (DCC), as it targets a broader range of international markets. The new partnership... read more

04 Nov 13 @ 17:53

Consumer adoption of mobile payments will deliver wide-ranging benefits for the UK economy, according to a new report published today by the Centre for Economic and Business Research (Cebr). The... read more

01 Nov 13 @ 16:25

In a further blow to online and digital currencies, one of the co-founders of Liberty Reserve, which was abruptly shut down by the US government in May, pleaded guilty “to money... read more

01 Nov 13 @ 16:10

Regional powerhouse Citibank Hong Kong and local mobile network operator 3 Hong Kong have launched the 3 Citi Wallet, an NFC mobile wallet for customers of the carrier who also have... read more

01 Nov 13 @ 15:59

Google has introduced platform support for NFC-based transactions through Host Card Emulation with the release of Android 4.4, Finextra reported on November 1. Google’s mobile wallet has faced difficulties in... read more

01 Nov 13 @ 12:50

Merseyrail says that its customers will soon be able to make payments of £20 or under using contactless technology, introduced in partnership with MasterCard and Global Payments. Currently, 98% of... read more

01 Nov 13 @ 12:30

New research from the University of Surrey warns about the security of ‘contactless’ payment cards following a study in which they proved the technology was susceptible to fraud. The technology... read more

01 Nov 13 @ 12:14

Boots UK, Visa Europe and WorldPay say that customers are able to pay with their contactless cards at all Boots UK stores, following the successful completion of the roll out... read more

30 Oct 13 @ 17:47

The value of international money transfers made via mobile phones will exceed $10bn for the first time this year, according to Juniper Research. However, the cost and complexity of regulating... read more

30 Oct 13 @ 17:34

PayPal is giving digital startups a helping hand by waiving up to $50,000 in payment processing fees for 18 months. PayPal’s Startup Blueprint Program reduces the costs for startups helping them get... read more

30 Oct 13 @ 09:46

A UK Bitcoin exchange is launching in London this week that will bar customers from the US, citing diverging regulatory approaches to the experimental digital currency. Bitcoin has made the news recently for... read more