03 Dec 18 @ 15:32
According to a 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... read more
12 Nov 18 @ 12:10
American Express has won regulatory approval to become the first US credit card company to enter the Chinese payments market and start building its own payments network. The company said... read more
29 Oct 18 @ 14:04
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
19 Sep 18 @ 10:00
China UnionPay, which in 2015 became the world’s biggest payment card issuer, has announced plans to launch UnionPay branded cards in the UK, a first step in a larger European... read more
06 Mar 18 @ 11:36
A group of Canadian retailers and other businesses are pushing for lower credit-card fees from major payment networks amid a long standing battle over what they claim are inflated Canadian... read more
05 Mar 18 @ 17:51
The number of card payments made online worldwide is set to jump from 29 billion in 2016 to 70 billion in 2022, according to Global Payment Cards Data and Forecasts... read more
07 Aug 17 @ 13:36
Visa says it will support of the new global QR Code Payment Specifications from EMVCo, the global technical body that manages the EMV Specifications. The specifications cover consumer-presented and merchant-presented QR... read more
19 May 17 @ 12:21
Global card purchase volume for goods and services, which excludes cash advances on credit cards and cash withdrawals on debit cards across the global card networks, grew by 5.8% to... read more
26 Sep 16 @ 13:04
Discover is now the most widely accepted card scheme worldwide ahead of Visa and Mastercard, largely due to rapid growth in the number of outlets accepting Discover cards in China.... read more
14 Jul 16 @ 15:06
According to new research from Visa, consumers across Europe are interested in using biometrics when making a payment – especially when integrated with other security measures. Nearly three-quarters (73%) see... read more
14 Sep 15 @ 12:07
There has been a lot of enthusiasm for Samsung’s mobile wallet, Samsung Pay, and the ways in which it differs from other mobile payment systems. Samsung Pay launched in Korea... read more
01 Sep 15 @ 15:30
UK consumers will now be able to spend up to £30 using contactless cards after the limit was increased. The limit per transaction for contactless cards, which do not require a... read more
27 Aug 15 @ 14:04
Payment innovation in the retail industry is rapidly changing, driven by consumer adoption of mobile smart devices. Because of recent well-publicized data breaches and payment card fraud, retailers have turned their... read more
21 Aug 15 @ 15:40
Target’s recent settlement with Visa to reimburse card issuers up to a reported $67 million for expenses related to the retailer’s 2013 data breach may pave the way for a similar... 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
04 Jun 15 @ 12:47
The UK is becoming an increasingly “cash-last” society as one in four Brits expects to use their mobile phone to make mobile payments on a daily basis by 2020, growing... read more
21 May 15 @ 15:10
Figures published today show that the total number of cash payments made by consumers, businesses and financial organisations in the UK fell to 48% last year (from 52% in 2013).... read more
30 Mar 15 @ 12:16
According to a new research from Timetric, contactless payments have become a major tool for migrating consumer payments from cash to cards, particularly debit cards. “Contactless cards have gained popularity... read more
30 Mar 15 @ 11:01
Vodafone customers will soon be able to add bank cards to their Vodafone Wallet and use smartphones to pay for goods and services at contactless terminals. Following new agreements with... read more
20 Mar 15 @ 11:41
In a recent survey of over 300 global business professionals by Timetric, respondents were asked if they use mobile phones for payments and if it is set to change over... 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