Contactless card transactions now account for one in 10 card payments, the first time the milestone has been passed, the latest figures from The UK Cards Association show.
The “TOPSHOP x bPay” collection is a range of accessories that incorporate bPay by Barclaycard contactless payment technology.
Droplet, the payments and rewards app targeting independent retailers, has expanded in to a further seven cities in the UK, and is also offering users a £5 incentive for introducing their friends and family to the app.
Apple Pay is slowly adding support for more UK banks, with Halifax and Lloyds Bank the latest to launch on the mobile payment system.
Paying back friends and family is about to get easier and faster, according to PayPal, thanks to their new secure way to pay, using just a short personalised link. Users can now secure their own name at PayPal.Me (for example, a person called John Smith could register the personalised link with the username PayPal.Me/JohnSmith, if available) […]
iZettle is introducing iZettle Advance, a new way for small businesses across Europe to obtain access to extra capital by getting an advance on future card sales.
Data released by Barclaycard today shows that contactless spending has more than trebled in the last 12 months.
Mastercard are running 2 tests where users can authorise payments by effectively taking a selfie with their smartphones.
Samsung will release its competitor to Apple Pay, Samsung Pay (good, original thinking, guys!) in South Korea in the next few days, followed by a rollout in the US in September.
Traditional cash pocket money is dying out as increasing numbers of parents are paying their children’s pocket money digitally, according to new research from financial technology company Intelligent Environments. However, in spite of an increasingly digitally-native generation of youngsters, only two UK high street banks cater for children under the age of 11.