23 Apr 21 @ 09:00

With the global digital payments market set to be worth some $8,059.3 billion by 2023, at a CAGR of 20%, payments are undergoing a rapid period of growth and transformation. New... read more

25 Feb 21 @ 17:05

European commercial card spending rose by 11% in 2019 to €366 billion and accounted for 8% of the total value of card payments. Charge cards, where transactions must be paid... read more

05 Jan 21 @ 17:53

Brexit is done, and its done with a trade deal. We look at what this means for payments in the short to medium term, from passporting rights to staffing, interchange... read more

15 Dec 20 @ 13:31

Revolut has extended its business product offering by offering a merchant acquiring platform from which businesses can accept online card payments. Revolut’s chief executive Nik Storonsky announced that merchant acquiring... read more

09 Nov 20 @ 17:18

The Single Euro Payments Area (SEPA) initiative has been a key enabler for the integration of the retail payments market in the European Union: the development of Credit Transfer (SCT) and Direct... read more

12 Oct 20 @ 09:39

In a recent statement, EuroCommerce – the European retailers’ association – has welcomed the EU’s retail payments strategy (RPS) and plans for European banks to collaborate in a European Payments... 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

07 Aug 20 @ 09:05

Visa and Mastercard recently reported quarterly results. Visa reported its fiscal third-quarter earnings and revenue expectations had been hit, but the COVID-19 crisis continues to drive mixed spending trends, with... read more

24 Jun 20 @ 11:19

Just days after its much hyped launch, Brazil’s Central Bank has suspended Facebook’s WhatsApp payment feature in the country, the app’s second-biggest market with more than 120 million users. The... read more

22 Apr 20 @ 13:49

Doug Gray, Chief Commercial Officer at Maxa, says the holy grail of online commerce – improving transaction security while reducing consumer friction – is achievable. By adopting online contactless payments,... read more

16 Dec 19 @ 16:55

New research shows that Discover remained the most widely accepted card scheme worldwide at the end of 2018. Global Payment Cards Data and Forecasts to 2024 shows that Discover cards... read more

18 Nov 19 @ 10:51

The Federal Trade Commission (FTC) has initiated a preliminary inquiry on Visa and Mastercard for possibly prohibiting merchants from using other debit networks, Bloomberg Law reports. The regulator is looking... read more

06 Sep 19 @ 11:31

Since being shown the door by eBay back in 2018, PayPal, once the most innovative digital payments companies in the world has continued to perform well and dominate the space... read more

05 Aug 19 @ 16:43

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

19 Jul 19 @ 09:35

New data from Juniper Research has found that the volume of domestic money transfers via mobiles will exceed 203 billion in 2024, up from 130 billion in 2019. Domestic P2P payments will... read more

06 Mar 19 @ 10:38

The European Commission (EC) has been reported to be considering implementing new regulations to support and accelerate the adoption of TARGET Instant Payments Settlement System (TIPS) in an effort to... 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

08 Jan 19 @ 13:11

The number of merchant outlets accepting card payments worldwide grew by 13% throughout 2017 to reach 69.2 million at the end of the year. The two least developed regions in... read more

16 Oct 18 @ 15:08

SWIFT has published a blueprint for common API standards following collaboration with European banking standards bodies, STET and Berlin Group NextGenPSD2 – who together represent many of the region’s banks... read more