08 Apr 19 @ 14:29

Visa and MasterCard are reported to be planning to increase interchange fees as well as fees that card networks charge financial institutions for processing card payments for merchants. Though merchants... read more

08 Apr 19 @ 13:44

According to new research from Berg Insight, the market for NFC POS terminals continued to show strong momentum in 2018 with annual shipments reaching an estimated 24.7 million units worldwide.... read more

08 Apr 19 @ 13:42

Brexit brings a wave of uncertainty and change to the UK business landscape. Since the day the UK voted to leave the EU, it’s been a whirlwind. But what will... read more

08 Apr 19 @ 13:39

Curve says it is considering legal action against American Express after the card network blocked its customers from using Curve’s services this week. Curve enables users to load all of... read more

08 Apr 19 @ 13:18

A late 2017 McKinsey study warned payments firms should be more worried about “Big Tech” than fintechs as a threat to their businesses. Since then, Facebook, Apple, Google and Amazon... read more

08 Apr 19 @ 13:11

Successive waves of Point-of-Sale (POS) terminals are “sunsetting” – no longer receiving software updates – leading to significant upgrade or replacement costs for retailers. Meanwhile, non-POS methods of payment are... read more

06 Feb 19 @ 05:57

Visa and Mastercard have offered to cut merchant interchange fees for non-EU credit and debit cards by at least 40 percent to end an EU antitrust investigation, part of a... read more

06 Feb 19 @ 05:18

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 Yearbook. POS payments... read more

06 Feb 19 @ 05:12

Blockchain has been called the most over-hyped innovation in the world today, with the hysteria surrounding it sometimes compared to the infamous “dot.com” bubble of 1999-2000. PCM Editor James Wood... read more

27 Nov 18 @ 11:46

New research from sharespost.com describes the global payments industry as a business opportunity worth $110 trillion, including domestic non-cash payments ($55 trillion), cross-border payments ($25 trillion), retail payments ($25 trillion)... read more

27 Nov 18 @ 11:39

The major card networks dominate the modern payments landscape, and have been a driver of global commerce over the last fifty years. The last few years’ statistics confirm this dominance... read more

27 Nov 18 @ 11:30

Born around the turn of the millennium, a new generation of consumers has entered adulthood in 2018. They have never known a world without mobile phones and tablet computers, have... read more

27 Nov 18 @ 11:26

Contactless payment card issuance is set to hit 1.5 billion units in 2018, accounting for over 50 percent of all payment card shipments delivered globally. Breaking the 50 percent barrier... read more

27 Nov 18 @ 11:22

New research reveals that the number of payment cards in circulation worldwide reached 15 billion at the end of 2017, with UnionPay continuing to hold the largest share. The 15... read more

03 Oct 18 @ 13:50

A new study has found that mobile biometrics will authenticate $2 trillion worth of in-store and remote mobile payment transactions annually by 2023. This is 17 times the $124 billion... read more

03 Oct 18 @ 13:43

Although the USA remains the world’s largest single payments market and the world’s largest economy, it is a complex market which has proven slower to move to new technologies such... read more

03 Oct 18 @ 13:32

In recent years, interchange rates have come under increasing pressure from a variety of judicial reviews by the US Federal Reserve, the European Union and individual countries such as Canada,... read more

03 Oct 18 @ 12:47

Instead of counting notes and coins or entering a PIN, mobile payments on smartphones have the potential to become a popular method of payment in Germany. Google Pay is already... read more

03 Oct 18 @ 12:41

The UK’s Payments Systems Regulator (PSR) has launched an investigation into card acquiring services and whether Britain’s big banks and payments specialists such as Worldpay and Wirecard have taken advantage... read more

09 Aug 18 @ 14:39

Amex has won an eight-year antitrust lawsuit over interchange fees. The Supreme Court ruling at the end of June found that the card company’s ‘anti-steering’ rules did not violate federal... read more