E-commerce businesses looking to enter new markets should have the capabilities to support as many relevant payment methods as possible. Expert Market have designed a map to display the different online payment methods of 29 countries around the world.
The growing popularity of peer-to-peer lending and crowdfunding could take the European market for online alternative finance to €7 billion this year, building on the 144 per cent growth in 2014 that saw the sector reach €3 billion.
Nearly a third of phishing attacks last year focussed on gaining access to payment systems and e-commerce sites, according to a study by security experts Kapersky.
The use of mobile money in sub-Saharan Africa could produce an estimated US$1.5-billion in fees for mobile-money providers by 2019, according to a BCG report, making it a key area for the attention of banks and MNOs.
Scottish customers are more likely to use digital payments than the rest of the UK, with mobile prospects particularly strong over the next two years.
Sixty per cent of enquiries banks receive are from customers who don’t recognize a transaction on their bank statement, a problem that xWare 42, a software developer from Munich, is trying to solve. CEO and co-founder David Lais tells us more.
Last year saw a number of high-profile thefts of payment data from major companies and banks, but research shows that smaller firms are hardest hit.
British shoppers trebled their use of contactless payment cards in 2014, bringing total contactless spending to £2.32 billion.
Traditionally, paying by cash meant leaving a discretionary tip on a table or a few coins in a jar by the till. The rise of cashless has brought with it a far more aggressive approach to gratuity.
Google is one of Uber’s biggest investors. But it looks as if the tech giant is gearing up to create its own taxi-hailing service, which could have the clout to undermine Uber’s industry lead.
