04 Mar 19 @ 11:46

Today more than ever, people are living a digital and mobile life, and they expect their ability to pay to match that same “always on” mindset, according to social media... read more

27 Feb 19 @ 17:13

Some payments industry commentators have described Artificial Intelligence (AI) as “the fourth industrial revolution”, after the steam engine, electricity and computing – and there’s no doubt that AI has significant... read more

19 Feb 19 @ 14:55

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

19 Feb 19 @ 07:52

As a leading payments market, credit and debit card payments account for the vast majority of the UK’s online purchases, particularly with the introduction of contactless. However, this doesn’t ring... read more

11 Feb 19 @ 09:18

Visa announced an increased bid for Earthport to £247 million as it fights with Mastercard to claim the companies assets. Last month, Mastercard offered around £233 million for the assets... read more

22 Jan 19 @ 11:00

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

21 Jan 19 @ 13:17

In the UK customers are still paying hundreds of pounds as retailers are illegally surcharging for card payments at POS. Credit and debit card surcharging was banned in January 2018,... read more

11 Dec 18 @ 14:13

As online shopping continues to grow, especially through mobile commerce, the UK now has the lowest proportion of high street spending in Europe. According to new research by Mastercard, just... read more

04 Dec 18 @ 16:46

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

21 Nov 18 @ 17:33

Mobile payments hit the mass market in 2014 with the introduction of Apple Pay and was hailed as the next revolution in payments. Partnerships with major payment providers such as... 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

04 Oct 18 @ 09:05

Technology and new payment formats have revolutionised the retail industry as cards replace cash, and e- and m-commerce provide new platforms for retail. Rather than abandoning bricks-and-mortar, many shoppers engage... read more

25 Sep 18 @ 09:24

In September 2015, Entrepreneur Magazine pointed out to its readers that, at the time of writing, there were some 200 different ways to make electronic payments. To put that in its... 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

17 Sep 18 @ 16:32

The “SMART Payments” series will provide insights on the components that are essential for any organisation wishing to succeed in digital finance and some examples of best practice – i.e.... read more

28 Aug 18 @ 12:42

Kroger has made good on its threat to stop accepting Visa credit cards, the culmination of a dispute over the interchange fee retailers pay to card networks for each transaction... read more

28 Aug 18 @ 11:43

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

20 Aug 18 @ 09:32

When you’re browsing a website and the mouse cursor disappears, it might be a computer glitch — or it might be a deliberate behavioural biometrics test to find out who... read more

07 Aug 18 @ 14:52

Microsoft has announced in a blog that Microsoft Pay is now integrated with Mastercard’s Masterpass service, allowing you to connect your accounts to streamline online payments. In bringing the two together,... read more