31 May 24 @ 13:35

It all started in early 2024 when a fairly interesting news story sparked headlines: UPI selects Google to take digital wallet global. The basis of the deal was that The... read more

14 Dec 23 @ 16:03

A new report reveals that growth in card purchase volume in 2022 was driven by increasing financial inclusion, digitisation and the easing of lockdowns. Global Cards and Payments shows that... read more

14 Dec 23 @ 15:56

Nordic countries continue to lead the world in their adoption of cashless payment methods, according to a new Nordic Payments Report. Cash use in the Nordics is the lowest in... read more

24 Oct 23 @ 09:43

A new study finds that the total value of digital wallet transactions will rise from $9 trillion in 2023 to $16 trillion in 2028, a growth of 77 percent. This... read more

14 Aug 23 @ 14:53

According to a new study by IDC Financial Insights, spending on legacy payments technology is rising rapidly and damaging the growth prospects of banks around the world. Global financial institution... read more

05 Apr 23 @ 09:47

A new study has found the number of virtual card transactions – randomly generated card numbers linked to a payment account – will exceed 121 billion globally by 2027, up... read more

26 May 22 @ 06:36

A new study has found the value of digital wallets transactions will exceed $12 trillion in 2026, up from $7.5 trillion in 2022. To capitalise on this substantial growth, the... read more

26 May 22 @ 06:19

7-Eleven stores in Japan are now trialling a new holographic POS system that allows customers to make contactless payments using a holographic screen projected from the self-checkout terminal. Developed by... read more

21 Apr 22 @ 09:21

More than 80 percent of Americans used some form of digital payments in 2021, continuing a long-standing trend. The findings of McKinsey’s 2021 Digital Payments Consumer Survey – an ongoing... read more

20 Apr 22 @ 14:09

Hygiene-conscious consumers gravitated towards contactless payment methods during the pandemic to minimise contact with EFTPOS terminals. Governments took note of this trend and several countries, including the UK, the Czech... read more

17 Feb 22 @ 15:05

This year’s PCM’s Digital and Card Payment Yearbooks suggest payment card use may be starting to decline, to be replaced by digital wallets, direct-to-account payments and other methods. James Wood... read more

24 Aug 21 @ 08:36

The financial services industry is in the midst of a significant transformation accelerated by the COVID-19 pandemic. Given the key role digitisation plays in the financial lives of more and... read more

09 Jun 21 @ 04:24

It’s been four years since UK regulators fired the starting gun on Open Banking, followed closely by the EU and 36 other markets world-wide. As a major new study into... read more

09 Jun 21 @ 04:17

The payments market is full of noise about Chinese payments, from WeChat to digital identity. Outside China, however, many dynamic Asian economies are innovating – and offer great opportunities for... read more

01 Apr 21 @ 13:49

Cryptocurrencies are going mainstream, despite continued talk of a bubble and crypto’s reputation as the province of libertarians, geeks and criminals. James Wood dons a fake hipster beard to find... read more

01 Apr 21 @ 11:44

The Japanese payments market has long been something of a paradox between technological capabilities and the uptake of those technologies – and cashless payments are no different. On the one... read more

18 Feb 21 @ 10:34

By now, we all know COVID has floored the accelerator on digital. But what will POS (Point of Sale) look like after the pandemic? Will consumers return to in-store retail... read more

18 Feb 21 @ 10:13

The People’s Bank of China (PBOC) is reported to be extending its central bank digital currency (CBDC) pilot include a contactless wallet and NFC wearables to enable users to make... read more

23 Dec 20 @ 12:42

Consulting firm Capgemini has set out its vision for where payments are heading in the longer term, envisaging an evolution of the payments process in both the B2B and B2C... read more

23 Dec 20 @ 12:07

From acquiring to fraud, the role of big tech, mobile wallets and faster payments – PCM’s James Wood asks industry leaders to play Gypsy Rosie Lee and read what’s on... read more