30 % increase in contactless usage overtaking chip and pin
Contactless payments are now the most popular form of card payment when it comes to in-store transactions. This is according to new figures by Worldpay, which reported a 30 %
Contactless payments are now the most popular form of card payment when it comes to in-store transactions. This is according to new figures by Worldpay, which reported a 30 %
Today’s millennial banking customers (born between 1980 and 1996) are masters of the smartphone; they are accustomed to running their lives, and certainly their money matters, on the go. Through
Open Banking is shaking up the financial services sector and opening up new avenues and opportunities for both banks and payment service providers (PSPs). The open API ecosystems that are
Mobile payment use among Chinese consumers rose significantly last week during China’s Golden Week holiday, according to Alipay, the payments arm of Chinese e-commerce service Alibaba. Destinations such as the Bicester Village
As the IoT (internet of things) transformation permeates through the U.S. economy, mobile telecom carriers have the opportunity to reshape the hospitality and retail industries through 5G networking combined with
Several nations are leading the way toward becoming cashless societies. In Sweden, for instance, goods and services are paid without using paper money and coins. More than half of all transactions
Jeremy Lewis, CEO of Universe Group plc, commented: “Our goal has always been to help our retailers maximize their returns. We do this with our own built-for-purpose technology and by
Coffee shops, even the ones that make extraordinary coffee, are realising that convenience is almost as important as the brew. Consumers want their cup of joe to be ready when
Only biometrics allow you to make payments any time, any place, anywhere, reports the Times. On top of this convenience, consumers now rate it the most secure form of digital
In May 2018, the Australian government instructed the country’s major banks to begin a phased implementation of open banking, beginning with making credit and debit card, deposit and transaction account