22 Oct 20 @ 11:29
Mobile wallet adoption is hotting up and gradually displacing traditional payments forms such as cash and cards in India. This has become even more prevalent during the current COVID-19 crisis... read more
29 Sep 20 @ 08:38
Global economies are still reeling from the COVID-19 pandemic, and a major consequence is that this year’s holiday season is poised to be very different to those in the past.... read more
28 Sep 20 @ 14:31
Last year the European Central Bank said that it welcomed the European Payments Initiative (EPI), an initiative by some of Europe’s top banks to explore the development of a “rival... read more
23 Sep 20 @ 12:43
In July the European Central Bank welcomed the decision brought forward by 16 European banks to launch The European Payments Initiative, a pan-European payment scheme. Although the solution aims to... read more
15 Sep 20 @ 12:24
In 2019, the mobile money industry reached a major milestone of exceeding 1 billion accounts, where Asia made a remarkable contribution adding 42 million new accounts. Currently, Asia hosts 473... read more
03 Jul 20 @ 13:08
To remain competitive and optimise customer satisfaction, application leaders responsible for digital commerce must anticipate the future of consumer payments. Payments have the potential to be entirely cashless, but may... read more
11 Jun 20 @ 11:19
It’s January 2022. Countries around the world are teeming with life again. Roads and trains are packed with employees commuting to work. High street retailers are seeing foot traffic, and... read more
31 Mar 20 @ 13:22
Qatar Central Bank (QCB) has launched the “Qatar Mobile Payment System” (QMP), which provides a new and safe method for immediate electronic payment, after completing the infrastructure and all the... read more
25 Mar 20 @ 12:24
Small and Medium-size Enterprises (SMEs) are the engine of the economy. Businesses ranging from sole traders to those with 250 employees create between 50-60% of business value in developed economies.... read more
05 Mar 20 @ 16:46
At first glance, the credit card market looks healthy. In 2018, the average return on assets (ROA) for credit card issuers was 3.8%, more than twice the average ROA of... read more
03 Mar 20 @ 14:44
FIS has launched its annual Global Payments Report. Over the next few days PCM will bring you highlights broken down into regions with the most interesting analysis and statistics presented... read more
03 Mar 20 @ 12:24
A love affair between consumers and their mobile phones is leading to explosive growth in new digital payments across Europe. More and more consumers are shopping across borders online and... read more
26 Feb 20 @ 11:29
According to new data, the entire mobile wallet market is set to become a $1 trillion worth industry in 2020, growing by a massive 36.5% year-on-year. The strong rising trend... read more
06 Jan 20 @ 17:08
A new report projects that establishing financial identities for the world’s financially excluded – or “unbanked” – population would add an extra $250 billion to global gross domestic product (GDP),... read more
26 Nov 19 @ 09:00
The financial inclusion wallet SmartPay has acquired over 250,000 wallet app users and 3,000 merchants across Vietnam in just half a year after its launch. Merchants who have been joining... read more
07 Jun 19 @ 17:11
EMVCo has released EMV Secure Remote Commerce (SRC) Specification v1.0, which is available for free public download from the EMVCo website. The specification provides a foundation that will enable the processing... read more
25 Apr 19 @ 08:00
Visa has introduced a new API platform called Visa Next. The platform with beta application programming interfaces (APIs) and development tools for issuers and processors was launched to help build... read more
09 Apr 19 @ 10:00
GATE (Global Acceptance Transaction Engine) has released its Mobile Wallet Trends Annual Report, highlighting trends in both mobile wallet and mobile payment usage across global markets. Mobile wallets are still... read more
04 Mar 19 @ 12:42
Driven by contactless card payments and by increased card usage, in 2017 the number of card payments continued to grow across the 33 countries covered by our PCM’s Payment Card... read more
04 Mar 19 @ 11:46
Today more than ever, people are living a digital and mobile life, and they expect their ability to pay to match that same “always on” mindset, according to social media... read more
27 Sep 26 @ 18:53
Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more
20 Oct 26 @ 09:06
Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more
27 Sep 26 @ 18:52
Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more