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Barclaycard has partnered with Uber on a loyalty program that will see customers benefit from exclusive offers.
There were also 14.8 billion card transactions recorded in 2016, which is equal to 40.5 million per day and 469 transactions per second.
Mastercard and Oracle have announced a global partnership that is set to enhance digital payments experiences for hospitality and retail chains.
PaymentEye met Mike Camerling, CPO at AEVI, at last year’s Money 20/20 in Las Vegas to get his take on the year’s trends, the evolution of B2B space and to see what the future holds for the payments industry.
Barclaycard, which processes nearly half of the UK’s credit and debit card transactions, has secured its contract with Transport for London (TFL) for another seven years, with an option to extend a further three years.
The payment processor blamed the strong U.S Dollar for missing its target revenue of $2.79bn for three month period.
One in seven people (15%) walk away from a donation opportunity because it wouldn't accept credit or debit cards, according to new research from Barclaycard.
UK Banks have partnered to allow customers to perform their day-to-day banking activities at the Post Office's 11,600 branches. It's being described as the biggest expansion in face-to-face banking access in a generation.
Starling Bank has become the first digital-only bank to join the Faster Payments Scheme as a direct participant. Traditionally, new bank entrants join the scheme via a sponsor, or another bank.