Saudi e-commerce to hit USD13 bn by 2015 (Infographic)
E-commerce in Saudi Arabia is on track to hit USD13 billion by 2015, accounting for 8 per cent of retail, new research has revealed.
Insights & Analysis
53% of UK banking online, but fears remain over mobile
More than half the UK population has banked online in the last three months, a new survey from the Office of National Statistics has revealed, but other research has demonstrated a widespread lack of trust in accessing financial services via mobile.
Chinese mobile payments grew 707% in last year
125 million people now use mobile payments in China, new statistics have revealed, with the number of payments made on mobile devices increasing sevenfold in 2013.
One million sign-ups for Paym
Launched just over three months ago, Paym has partnered with a number of major banks and has the potential to link every current account in the UK to a phone number.
Why merchant monitoring is a smarter approach to managing risk
In a new whitepaper, fraud prevention and payment services specialist ReD explores just how merchant monitoring can provide acquirers with competitive edge and effective protection against risk.
UK government explores Bitcoin potential
Chancellor George Osborne has commissioned a report from the UK Treasury into the role that digital currencies could play in the country’s financial system, building on Britain’s reputation as “one of the most attractive jurisdictions for Bitcoin businesses.”
Bill payments made via tablets and mobiles to exceed USD20 billion
The number of household bill payments made via PCs, Tablets and Mobiles will exceed 20 billion this year, according to new findings by Juniper Research, representing approximately 16% of all global consumer household bills.
Contactless payments surge by 18% between April and May alone
According to figures released by Visa Europe, the use of contactless cards to make payments has continued to grow month on month in the UK.
HCE is “breathing new life” into mobile payments
Host Card Emulation (HCE) is shaking up the mobile payments industry by empowering mobile wallet providers to access Near Field Communications (NFC) whilst bypassing mobile carriers, says a new report.
What does the m-commerce revolution have to do with your “doorbell” finger?
Mobile devices are now so ubiquitous that they’re changing the way we’re using our hands. Research by the international courier firm ParcelHero has found that, whilst most adults use their index finger to ring a doorbell, people under 20 are more likely to use their thumb.
