03 Sep 15 @ 11:47

The latest research from Lloyds Bank on the future of payments shows many people believe they won’t need cash in the near future as they increasingly turn to cards, contactless payments... read more

02 Sep 15 @ 16:18

Trade association Payments UK has published an initial code of conduct covering ‘indirect access’ to the UK’s payment systems. The principal aim of the code is to improve the experience... read more

02 Sep 15 @ 16:03

EVO Payments International (EVO) has announced the successful completion of the purchase of Citigroup’s merchant acquiring business in Mexico, conducted through Banco Nacional de Mexico S.A. (Banamex), a wholly-owned subsidiary of Citigroup.... read more

02 Sep 15 @ 15:58

TSYS announced that it has signed an agreement to process Metro Bank’s credit and debit card portfolios on TSYS’ TS2 processing platform, as well as provide Metro Bank fraud management services... read more

02 Sep 15 @ 09:08

India has joined the UN-based Better Than Cash Alliance as it bids to accelerate the country’s migration to electronic payments as part of a more general strategy to boost financial... read more

01 Sep 15 @ 16:41

Apple Pay’s 14th July expansion into the UK arrival promises to expand m-payment capabilities into retail locations and greatly increase consumer awareness of the benefits and availability of m-payments. Most... read more

01 Sep 15 @ 15:30

UK consumers will now be able to spend up to £30 using contactless cards after the limit was increased. The limit per transaction for contactless cards, which do not require a... read more

01 Sep 15 @ 13:31

It has emerged that hackers have used a virus to steal Apple account details from 225,000 iPhones in what is thought to be the biggest theft of its kind. The Apple... read more

01 Sep 15 @ 13:15

Safaricom has introduced new charges for the transfer of funds from customers’ bank accounts to third-party M-Pesa wallets – sealing a loophole that lenders have been using to by-pass Safaricom when sending money. The... read more

01 Sep 15 @ 13:06

PayPal says it will increase prices for thousands of businesses as the company looks to maintain revenue growth and boost profit margins as a stand-alone business separate from eBay. PayPal says it is... read more

28 Aug 15 @ 13:05

The Durbin Amendment may not be reducing merchants’ debit card acceptance costs to the degree its supporters had hoped, and it has not encouraged many retailers to pass savings on... read more

28 Aug 15 @ 12:56

Ingenico has submitted a bid to buy Worldpay, two sources familiar with the matter say, as the contest heats up to take control of Europe’s leading payments processor. Worldpay, owned... read more

28 Aug 15 @ 12:37

CaixaBank has launched ‘CaixaBank Pay’, a new app for any NFC-enabled or android devices. The bank estimates that the service could be used by more than 70% of its mobile banking... read more

27 Aug 15 @ 14:04

Payment innovation in the retail industry is rapidly changing, driven by consumer adoption of mobile smart devices.  Because of recent well-publicized data breaches and payment card fraud, retailers have turned their... read more

27 Aug 15 @ 13:14

You might wander why an AI story is appearing in a payments blog, but AI payments may well be here sooner than you think. Facebook has created a virtual assistant... read more

27 Aug 15 @ 08:51

The enigmatic German payments processor Wirecard is heavily rumoured to have joined the bidding for UK rival Worldpay. Wirecard is competing against private-equity bidders, including a joint proposal from Blackstone Group... read more

26 Aug 15 @ 17:02

Spending by British consumers on their contactless cards has increased more than five-fold in the last 12 months, according to MasterCard’s UK spending data. Cardholders have driven 560% year-on-year growth... read more

26 Aug 15 @ 15:47

One in seven Americans have used mobile cheque deposit using a mobile device within the past year – up from one in eight Americans last year, according to a recent survey... read more