People in South Korea have already spent over $30m via Samsung Pay in one month, the electronics giant has revealed.

Kerv’s new Kickstarter campaign seeks to raise £77,000 to manufacture a contactless payment ring that never needs to be charged or connected to a smartphone.

In a landmark action, the US Commodity Futures Trading Commission’s (CFTC) ruling on a bitcoin trading platform has led to the cryptocurrency being classed as a commodity.

In a climate of political and civil unrest, MasterCard is helping non-governmental organizations (NGOs) distribute aid and basic supplies to third world countries without the need of a telecommunications infrastructure.

Ted Chayney, a payments veteran with more than 15 years’ experience within the sector, has joined cloud-based solutions firm Payveris as svp, Strategic Alliances. Chayney is looking to expand the group’s partnership channels and advance its alliance strategy.

Digital payments have made a plethora of restaurants and cuisines available with a simple click or swipe on the mobile. Here are just five ways in which paying digitally has changed our relationship with food.