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

26 Aug 15 @ 15:28

The credit card was originally designed for making cashless purchases at stationary retailers. The idea was that the cardholder would produce the signed card when paying – when he or she... read more

25 Aug 15 @ 15:54

Visa says that online shoppers using its Visa Checkout payment service are 17% more likely to complete their purchases than those using PayPal. Visa Checkout, which allows shoppers to store their payment information... read more

25 Aug 15 @ 15:43

In a move which will assist EMV payment terminal, mobile point of sale (mPOS) and kernel developers to bring their products to market more efficiently, quickly and cost effectively, FIME has... read more

24 Aug 15 @ 16:16

CurrentC, the mobile payment platform developed by MCX, will kick off a public beta test within the next few weeks in Ohio, but may not push its service across the... read more

24 Aug 15 @ 16:02

According to numerous press reports, Android Pay is set to launch this week, letting users of Google’s mobile operating system pay with their phones. The service is set to go live... read more

21 Aug 15 @ 16:10

The 2015 Debit Issuer Study, commissioned by PULSE, one of the nation’s leading debit/ATM networks, highlights the underlying trends that have contributed to the rise of debit during the 10... read more