30 Jan 14 @ 00:41

Research from London-based strategic research and consulting firm Retail Banking Research (RBR) shows that there were 54 million EFTPOS terminals installed across 35 million merchant outlets at the end of... read more

14 Nov 13 @ 11:19

Square has introduced Square Cash, a new service that allows users to send money by sending an email. With Square Cash, “individuals no longer need to write cheques, pay ATM... read more

14 Nov 13 @ 00:14

The rapid growth of the mPOS sector worldwide is making a profound impact on the wider industry, with banks, vendors and non-bank players all fighting for a piece of the... read more

14 Nov 13 @ 00:07

Recent interchange proposals in Europe and the revision of the Payment Services Directive will have a significant impact on business strategies for all stakeholders going forward. by Victoria Conroy In... read more

26 Sep 13 @ 13:10

Last year, PCM delved into the world of virtual currencies, looking at how emerging (and unregulated) methods like bitcoin could impact the payments industry. In less than a year, the... read more

26 Sep 13 @ 12:14

Proposed caps on debit and credit interchange across the EU have drawn strong responses from players on all sides of the industry. Has the Commission fully understood what it is... read more

26 Sep 13 @ 10:17

A US judge has ruled that the Federal Reserve disregarded the intent of the US Congress by setting too high a cap on interchange fees for debit card transactions. The... read more

26 Sep 13 @ 10:13

The number of payment cards worldwide increased by 12% in 2012 to reach a landmark 10 billion, according to a new report from research and consulting firm Retail Banking Research... read more

01 Aug 13 @ 20:31

WorldPay has launched an mPOS chip and PIN payment solution aimed at small businesses. The service, WorldPay Zinc, enables businesses to download an app onto a smartphone or tablet and... read more

30 Jul 13 @ 15:13

Regulatory attention from the European Commission and national competition authorities is a major factor contributing to changes in the payments industry. Public authorities are convinced that the development of innovative... read more

28 Jul 13 @ 15:26

The European Commission is proposing to cap interchange on all consumer debit and credit card transactions, a move which would have a major impact on revenue streams for banks operating... read more

28 Jul 13 @ 15:21

A report commissioned by MasterCard from Europe Economics in conjunction with Professor Sheri Markose of the University of Essex has assessed the impacts of introducing interchange fee regulation in the UK... read more

28 Jul 13 @ 05:40

The latest twist in the ongoing battle over interchange between US merchants and Visa and MasterCard has seen a group of around 30 merchants, including giants such as Amazon and... read more