PaymentEye caught up with Daniel U. Spier, Managing Director at IDT Financial Services Limited, about pre-paid payment methods and the likelihood of the UK becoming a cashless society.

Select stores can now sell their products on their Facebook Pages after the social network started trialling a new “buy” button.

MasterCard has officially launched its MasterPass digital payment solution in South America, with Brazil becoming the first nation to use the technology to make secure online purchases.

First Data, the payment technology and services solutions company, has acquired Transaction Wiress Inc. (TWI), a cloud-based, digital gift card distribution platform, for an undisclosed amount.

Although financial institutions were expected to be the first to offer the application, major banks, such as HSBC, have missed out on the launch of Apple Pay in the UK this week.

As commerce moves ever more online, how is consumer behaviour changing across several categories from purchase to delivery? Take a look at this infographic from the Acquity Group to explore the new terrain of commerce.