Dear Subscriber,

tomorrow the UK goes commerce crazy as one of America’s most famous exports, Black Friday, comes to town. Whilst the consumers will be on the prowl for the best bargains, PaymentEye takes a look at some of the projected figures for the sales day. British shopping has also gone international as a recent survey found that the UK is the world’s third most popular e-commerce destination. Elsewhere, we examine how the US has fared since it’s October 1st liability shift, discover a new cryptocurrency that incentivises you to walk and consider the five payment startups participating in MasterCard’s global hackathon.

This year’s Black Friday looks to be the biggest yet, according to multiple sources, with online transactions driving the bulk of transactions.

The UK is the world’s third most popular shopping destination for international online shoppers, according to new research from PayPal.

With two months having passed since the US market implemented payment security upgrades in the form of the EMV standard, it is time to check back in and see whether the October 1st deadline was realistic or optimistic.

Bitwalking has launched a phone application that will turn users’ footsteps into Bitwalking dollars (BW$), real money that can be used to buy products in Bitwalking’s in-app marketplace, trade BW$ with other users, and make purchases with third-party partners.

Here are the five payment startups participating in MasterCard’s ‘Masters of Code’ global hackathon. The event, held in San Francisco at the beginning of December, will see one winner receive $100,000 and dedicated resources to develop and commercialize their innovation.