02 Sep 15 @ 09:08

India has joined the UN-based Better Than Cash Alliance as it bids to accelerate the country’s migration to electronic payments as part of a more general strategy to boost financial... read more

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

26 Aug 15 @ 15:28

The credit card was originally designed for making cashless purchases at stationary retailers. The idea was that the cardholder would produce the signed card when paying – when he or she... 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

14 Aug 15 @ 15:41

Tech giant Samsung will launch its mobile payments service Samsung Pay in South Korea later this month, with Visa, MasterCard and major banks lining up for a US launch in... read more

14 Aug 15 @ 15:38

PayPal is now selling NFC-enabled card readers on its website aimed at small businesses, enabling them to accept contactless payments. The PayPal Here card reader costs £79.95 and is followed... 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

23 Jul 15 @ 10:21

Consumer group Which? has warned that data from contactless debit and credit cards is at risk of being intercepted by thieves. All 10 credit and debit cards tested revealed some... read more

20 Jul 15 @ 10:17

The explosion of mobile point-of-sale (mPOS) technology has seen a host of new players enter the market, each seeking to carve out a place in a global market predicted to... 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

09 Jul 15 @ 14:45

Once the darling of the mobile handset world, the acquisition of Nokia by Microsoft was supposed to unleash a new powerhouse in mobile handsets. Unfortunately, as Tom O’Meara writes, The longer... 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 @ 10:19

Barclays has signed a deal with the digital payments service Zapp, enabling customers to make online transactions through the “pay by bank” application on mobile devices. The tie-up comes a... 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