17 Sep 14 @ 12:09

Amazon shut down its WebPay service, saying that the P2P money transfer service is not good enough to keep going. For several years, WebPay has let Amazon Payments users send,... read more

17 Sep 14 @ 11:58

After hitting its £1 billion milestone and raising $25 million from Sir Richard Branson and others this year, TransferWise is now moving beyond the ‘early adopter phase’ to challenge the... read more

17 Sep 14 @ 11:43

As reported in PCM yesterday, Transport for London (TfL) has extended contactless payment support to the full Oyster network and operator EE has expanded its mobile micropayment service accordingly. Cash... read more

17 Sep 14 @ 10:48

The frenetic pace of payments industry activity is gathering momentum with every day that passes. As new solutions and technologies begin to gain traction worldwide, the war on cash is being fought on many fronts. But the most pressing issue for financial institutions is whether their existing payment systems can support the rapid evolution occurring. Read the full report produced in association with BPC Group.

16 Sep 14 @ 13:55

The launch of RuPay in India and plans for a Russian payment network indicate a resurgence in domestic schemes, but at what cost to the international players? While Europe’s banks... read more

16 Sep 14 @ 13:49

E-security solutions provider, Cryptomathic, has published its latest white paper, which offers advice to banks and payment service providers on how to protect mobile banking, payment and (Host Card Emulation)... read more

16 Sep 14 @ 11:21

The global market for smart cards  will see steady growth due to the increasing emphasis on the Europay, MasterCard and Visa (EMV) standard in the payment and banking vertical. In... read more

16 Sep 14 @ 09:02

In the wake of Transport for London (TfL) going fully contactless across its travel network, Visa predicts Brits will make 500 million contactless payments between now and December 2015. Transport... read more

15 Sep 14 @ 13:08

As history repeats its self, Weve, owned by EE, O2 and Vodafone, has ditched plans for a joint mobile wallet, based on NFC, which was meant to help the operators... read more

15 Sep 14 @ 12:26

The U.S. Federal Reserve has restated its commitment to push for development of a faster payments system, with the Fed’s financial services policy committee saying officials will prepare and share... read more

12 Sep 14 @ 13:02

Apple may work with China’s leading issuer of credit cards China UnionPay to offer Apple Pay via NFC (Near Field Communication) supported payment systems with its latest smartphone, the iPhone... read more

12 Sep 14 @ 12:53

Joe Oliver, the Canadian Finance Minister, is said to be pressing credit card companies and banks to accept lower credit card fees paid by retailers, which the government claims are among... read more

12 Sep 14 @ 12:44

Mobile commerce will drive an estimated $516 billion in sales over the next three years, accounting for more than 70% of all mobile Internet revenue. That is the prediction of... read more

12 Sep 14 @ 11:16

Citigroup has claimed to be the first global bank to introduce its own branded digital wallet in the US. However, questions are being asked as to how many of Citi’s... read more

11 Sep 14 @ 11:15

Worldpay has hit more than 100 million contactless payments, marking a major milestone for UK businesses as increasing numbers of consumers continue to reject cash in favour of cards. With... read more

11 Sep 14 @ 10:54

Millicom and Kalixa have established a joint venture to develop a payments service provider to operate in Africa and Latin America, initially commencing in Colombia and Brazil later this year.... read more

11 Sep 14 @ 10:36

UK retailers have today welcomed an historic court ruling to end card fees retailers pay banks to process card payments (known as interchange fees). Today’s judgement by the European Court... read more

10 Sep 14 @ 11:19

A nice, neat explanation of the salient points of Apple Pay: User: iTunes account with Visa or MasterCard or Amex card on file and issued by the most popular banks,... read more