As the contactless payment limit in the UK rises from £20 to £30, the UK Cards Association has found that more and more consumers are ditching traditional payments, with over £2 billion being spent in the first six months of the year via contactless cards. *|MC:SUBJECT|*
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1st September 2015
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Headline News

As the contactless payment limit in the UK rises from £20 to £30, the UK Cards Association has found that more and more consumers are ditching traditional payments, with over £2 billion being spent in the first six months of the year via contactless cards.

Contactless payments hit £2.5bn mark as spending limit rises
 

Contentive, the parent company of PaymentEye and portfolio company of venture builder Blenheim Chalcot, has acquired Accountancy Age and Financial Director from Incisive Media.

PaymentEye's parent company acquires Accountancy Age and Financial Director from Incisive Media
 
New Products & Technology

The bitcoin service firm’s expansion into Canada means that Canadian users can now buy and sell bitcoin using its Buy/Sell service as well as trade the BTC/CAD currency pair on Coinbase Exchange.

Coinbase expands to Canada
 

Through its agent, WorldBridge Payment Institution, Western Union has allowed customers to send money from Greece to more than 200 countries and territories. However, a €500 per customer monthly cap and monthly Agent limits imposed by the government will apply.

Western Union re-activates outbound money transfers from Greece
 

Barclays has been experimenting with Bitcoin in its London “labs” and now plans to trial the crypto-currency by allowing people to make donations to charities in bitcoin.

Barclays becomes first UK bank to support Bitcoin
 
Insights & Analysis

Technology giant Samsung has today released its new wearable device, the Samsung Gear S2. The smartwatch has a number of new features, but does it contain the elusive Samsung Pay?

Samsung Gear S2 release: where is Samsung Pay?
 
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