28 Aug 15 @ 12:37

CaixaBank has launched ‘CaixaBank Pay’, a new app for any NFC-enabled or android devices. The bank estimates that the service could be used by more than 70% of its mobile banking... read more

21 Aug 15 @ 15:52

A power struggle has emerged over the last few days regarding the future of bitcoin. The feud is dividing leading developers, provoking a fierce debate over whether the digital currency’s software... read more

19 Aug 15 @ 11:19

Bitnet, an enterprise bitcoin payments processor, and PAY.ON have entered a strategic partnership that will enable payment service providers globally to offer bitcoin as a payment method via PAY.ON’s RESTful API-based payment... read more

31 Jul 15 @ 16:06

MasterCard has paid out $61 million to UK supermarket retailer Tesco in what is expected to be the first of several settlements by card schemes over interchange fee lawsuits lodged... read more

30 Jul 15 @ 11:36

As the world mourns the loss of a former king of the handset manufacturing world and Microsoft licks its wounds in writing down about $7.6 billion on the Nokia division,... read more

29 Jul 15 @ 10:02

Stripe has won a new round of funding from investors that include Visa, Sequoia Capital and American Express, the funding values the company at $5 billion. The actual value of the funding has not... read more

14 Jul 15 @ 16:20

Despite the fact that PCM readers have known for weeks that Apple Pay was to launch in the UK on the 14th of July – it did launch. However, depending... read more

10 Jul 15 @ 11:37

Debit card transaction values increased from $274.9 billion in 2010 to $315.3 billion in 2014, at a CAGR of 4.90%; while, the credit card transaction values recorded a CAGR of... read more

09 Jul 15 @ 14:54

The European Commission has sent a Statement of Objections to MasterCard. The Statement of Objections outlines the Commission’s preliminary view that MasterCard’s rules prevent banks from offering lower interchange fees... read more

08 Jul 15 @ 12:13

According to press reports, private documents belonging to one of the biggest retailers in the UK reveal that  Apple Pay will be coming to UK stores on the 14th July. The leaked... read more

07 Jul 15 @ 13:54

The card networks, Visa and MasterCard have grown significantly and altered their market approaches since their initial public offerings (Visa in 2008, MasterCard in 2006). While market headwinds, including the... read more

06 Jul 15 @ 15:58

The latest data from Visa Europe shows that uptake of contactless payments in Europe continues to climb with over 1 billion transactions made in the last 12 months.  Figures also show... read more

30 Jun 15 @ 10:25

European payments regulation, such as the original Payment Services Directive (PSD) of 2007 and Single Euro Payment Area (SEPA), have already caused significant change within the banking and payment industry.... read more

30 Jun 15 @ 10:24

With more Americans using credit, debit and prepaid goods to pay for goods and services, the merchant card processing fees to process those cards continues to rise. General purpose and private... read more

29 Jun 15 @ 13:05

Barclaycard is to roll out a range of wearable payment devices that can be used to make contactless payments across the UK, following a successful launch of its bPay band... read more

22 Jun 15 @ 15:40

After years of prohibiting merchants who accept its cards from steering customers to other brands, American Express is being forced to lift those restrictions. The change comes after a federal judge... read more

18 Jun 15 @ 15:44

Last year UK holidaymakers spent £26.4 billion using their cards overseas, making almost 14 transactions every second, according to figures from the UK Cards Association. For the first time annual... read more

17 Jun 15 @ 16:48

The landscape of domestic card schemes in Europe has changed dramatically following the implementation of the European Economic Area, the Payment Services Directive and the SEPA Cards Framework. The domestic card... read more

12 Jun 15 @ 13:20

China UnionPay aims to become a global bank card company, Ge Huayong, chairman of China UnionPay and UnionPay International, said on Wednesday. Ge made the remarks after a speech at... read more

10 Jun 15 @ 12:11

At the risk of sounding like the new Weather Channel website, can we learn anything about EMV migration from Canada? After all, they have already upgraded or replaced more than 60,000... read more