30 Mar 15 @ 17:11

In March the number of contactless taps made on a single day reached one million. Over 14 per cent of all pay as you go journeys across Transport for London... read more

30 Mar 15 @ 17:10

PayPal has unveiled a new NFC-enabled version of its PayPal Here Chip and PIN card reader for card present transactions. The card reader will enable contactless card payments from debit... read more

30 Mar 15 @ 17:07

Spending on contactless cards more than trebled over the last year to reach a record £2.32 billion in 2014, with the total spend last year more than double that of... read more

30 Mar 15 @ 17:05

The 3rd annual of the mPOS World, the only global conference & exhibition on new generation of mPOS solutions and digital interaction in retail, has been announced for June 30th... read more

30 Mar 15 @ 17:01

Visa Inc., Pizza Hut and Accenture announced they are working together to develop a proof-of-concept connected car to test mobile and online purchases on the go. The connected car is... read more

30 Mar 15 @ 17:00

PayPal has revealed Nigeria is its second largest market in Africa. Malvina Goldfeld, Head of business development, sub-Saharan Africa at PayPal told ITWeb Africa that South Africa remains the company’s... read more

30 Mar 15 @ 16:58

Visa Inc. has announced that Visa Checkout is to be expanded globally. It is set to become available in a total of 16 markets in 2015, continuing its strong growth... read more

30 Mar 15 @ 16:54

New research by PayPal in collaboration with the market research company Ipsos, reveals that m-commerce is growing at nearly three times the rate of overall ecommerce at a global level.... read more

30 Mar 15 @ 16:39

Whilst the EMV (Europay, MasterCard and Visa) bashing in the US continues to gather pace, US banks, credit card companies and retailers continue to invest heavily in the technology widely... read more

30 Mar 15 @ 16:34

Berlin is basking in its transformation, which, one feels, had been achieved through a good measure of unity, innovation and leadership. As hundreds returned to the German capital for Merchant... read more

30 Mar 15 @ 16:32

The European Payments Council (EPC) has unveiled a blueprint for the establishment of an interoperable card and terminal infrastructure to process card-not-present (CNP) transactions across SEPA. The proposals are published... read more

30 Mar 15 @ 16:31

With e-commerce activity skyrocketing across the developed world and, increasingly in emerging markets too, chargebacks – typically where a consumer asks for a refund for goods that they didn’t receive,... read more

30 Mar 15 @ 16:26

Apple Pay has breathed new life into tokenisation and the use of tokenisation has seen a revival due to new technology approaches that remove associated operational risks and complexities and... read more

30 Mar 15 @ 16:03

Such is the fervour around virtual currencies, that barely a day goes by without some form of news or announcement about the growth and threat of digital currencies but what... read more

30 Mar 15 @ 15:42

The GSMA Mobile Money for the Unbanked (MMU) programme has released its 2014 State of the Industry Report on mobile financial services. Published annually, the report provides industry practitioners with... read more

30 Mar 15 @ 15:41

The European Central Bank has published a new report on digital currencies, describing them as “inherently unstable” whilst remaining upbeat about the potentially transformative benefits they may offer in payments.... read more

30 Mar 15 @ 15:36

We all know that mobile is a key channel for any number of things: from communications to gaming, from navigation and increasingly to payments. The smartphone, heralded by the arrival... read more

30 Mar 15 @ 15:34

Following the release of the final compromise text for the proposed regulation on interchange fees for card-based payment transactions (the MIF Regulation) on 19 January 2015, European countries finally endorsed... read more

30 Mar 15 @ 15:30

The chief executive of American Express, Kenneth Chenault, refused for years to settle an antitrust case with the US government, vowing to fight even as the company’s top rivals cut... read more

30 Mar 15 @ 15:29

In a sign of the gradual move into the mainstream of virtual currencies, IBM is rumoured to be considering adopting blockchain technology, the code that supports bitcoin to create a... read more