21 August 2017
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Mobile contactless spending accelerating in UK

Mobile contactless spending accelerating in UK

17 August 2017  |  10609 views  |  1 comments | 24 tweets | 23 linkedin

Mobile tap-and-pay spending is accelerating on the high street, spurred by the growing popularity of contactless payments at the point-of-sale, according to new data from Worldpay.

Permission to appeal sought in £14bn Mastercard class action suit

Permission to appeal sought in £14bn Mastercard class action suit

14 August 2017  |  5651 views  |  0 comments | 3 linkedin

Walter Merricks, the man spearheading a £14 billion class action lawsuit against Mastercard for overcharging customers, has lodged an appeal against a tribunal's decision to dismiss the claim.

Uneasy sits the crown as cash use continues decline

Uneasy sits the crown as cash use continues decline

11 August 2017  |  8699 views  |  0 comments | 3 tweets | 7 linkedin

The numbers of people using cash to pay for everyday purchases in the UK declined by 11% over the past year as growth in contactless card use accelerated.

Barclaycard International names former Citi digital payments chief Rodrigues CEO

Barclaycard International names former Citi digital payments chief Rodrigues CEO

10 August 2017  |  7616 views  |  0 comments | 2 tweets | 4 linkedin

Barclays has appointed Citi digital payments exec Barry Rodrigues chief executive officer of its Barclaycard International unit.

EC sets sights on Visa's inter-regional interchange fees

EC sets sights on Visa's inter-regional interchange fees

04 August 2017  |  12735 views  |  0 comments | 7 tweets | 14 linkedin

The European Commission has taken another step in its long-running tussle with Visa over interchange fees, turning its attention to the fees merchants in the EU must pay on transactions involving cards issued outside of the region.

Square stock rises on bigger deals

Square stock rises on bigger deals

03 August 2017  |  7783 views  |  1 comments | 1 tweets | 1 linkedin

Shares in payments upstart Square have surged after the company pushed revenues above expectations on the basis of more sales to larger retailers.

NatWest celeberates 50th anniversary of its first ATM with cash rewards

NatWest celeberates 50th anniversary of its first ATM with cash rewards

02 August 2017  |  5791 views  |  0 comments | 3 tweets | 4 linkedin

NatWest is celebrating the 50th anniversary of its first ATM by doling out £171 to randomly selected customers, the cash equivalent of what £10 would have been worth back in 1967.

Contactless sheds growing pains as tenth anniversary looms

Contactless sheds growing pains as tenth anniversary looms

01 August 2017  |  7645 views  |  1 comments | 12 tweets | 15 linkedin

With the tenth anniversary of the introduction of contactless cards in the UK fast approaching, Barclaycard is forecasting that tap and pay spending will soar by more than 300% over the next four years as seven-in-ten Brits begin to use the technology more frequently for everyday purchases.

Cards overtake cash for consumer payments in Australia

Cards overtake cash for consumer payments in Australia

27 July 2017  |  13915 views  |  2 comments | 19 tweets | 28 linkedin

Cards have overtaken cash as the primary method for consumer payments in Australia, according to data released by the country's central bank.

Visa invests in card issuing outfit Marqeta

Visa invests in card issuing outfit Marqeta

26 July 2017  |  10989 views  |  0 comments | 6 tweets | 11 linkedin

Visa has made a strategic investment in Marqeta as part of a wider multi-year global partnership with the open API card issuing and processing platform.

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