How well do you know: Payment Acronyms?
The payments industry absolutely loves its acronyms: PSD2, HCE, NFC, ECB. But what do they all mean? If you think you know, then this is the quiz for you!
The payments industry absolutely loves its acronyms: PSD2, HCE, NFC, ECB. But what do they all mean? If you think you know, then this is the quiz for you!
This autumn, Apple customers will be able to make payments using Apple Pay on Safari browser on a Mac computer, said Tim Cook at the company's latest Worldwide Developers Conference in San Francisco. The company also revealed the service will be launched in new countries over next few weeks.
In news that will not be at all surprising, contactless spending went mainstream in 2015 with £7.75 billion being spent using contactless cards, compared to £2.32 billion in 2014, according to new research from the UK Cards Association (UKCA).
Samsung has launched its mobile wallet in Spain this week, marking its first entry into the European market. Already live in the US, South Korea and China, the firm is now looking to make its mark in Europe.
Canadians are saying yes to contactless payments.
Glasgow’s subway ticketing system is going digital, with 100,000 new Bramble travel cards now in circulation.
In this guest post, Dennis Jones, CEO of mobile payments provider Judo Payments, argues the future of payments does not lie with contactless but with mobile, driven by in-app payments.
Whilst in the UK digital payments have already overtaken cash transactions in 2014 and we're actually spending £1.5 billion a month using contactless cards, nearly 80% of transactions in Germany are still made in cash. However, recent findings from TSYS and Wirecard suggest things could be about to change.
Welcome to our weekly round-up of all the latest news and research from the world of payments.
We take a quick look at recent data from Barclaycard that shows where the British public liked to pay using contactless payments.