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The value of contactless payments made by consumers in Canada more than doubled over the past year, according to a new study published by Technology Strategies International. The report titled, Canadian Payments Forecast – 2016, estimates that the value of contactless payments transactions increased by about $30 billion in 2015, on the back of more [...]

The post Contactless payments take off in Canada appeared first on Payments Cards & Mobile.

Mobile payment is on the march worldwide and will also bring lasting changes to the world of business. New digital payment solutions simplify and speed up existing processes, making them the next logical step in the development of corporate payments. The aim is to focus on the many opportunities they bring – without losing sight [...]

The post Mobile payment: the future of corporate payments appeared first on Payments Cards & Mobile.

According to Forrester Research US e-commerce is expected to reach $373 billion in 2016. That figure will grow to more than $500 billion by 2020. The study explores the drivers of online retail sales growth in the US and the challenges the industry faces in the years to come. US online retail sales topped $100 billion only in 2006, but [...]

The post US e-commerce hits new record of $373 billion appeared first on Payments Cards & Mobile.

There has been significant growth in the acceptance of credit cards and contactless card payments by small and medium enterprises (SMEs), new research from East & Partners Europe shows. Since 2012, the acceptance of credit card payments has entered something of a resurgence, growing its share of merchant payment volumes by a relative 39% from [...]

The post Credit cards come back as UK moves towards a cashless society appeared first on Payments Cards & Mobile.

It is not so long ago that a mobile phone was used to make phone calls. These days, it is used for everything from navigating our way through the streets to paying our bills and managing our bank accounts. Mobile payments and banking are one of the fastest-growing areas of mobile use, but in order [...]

The post Mobile payments to take off with new series of standards appeared first on Payments Cards & Mobile.