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The future of UK consumer payments – no CBDC?
A new forecast from UK Finance predicts that debit cards will be the overwhelming favourite way for UK consumers to pay in ten years’ time. It also forecasts the decline... read more
The post The future of UK consumer payments – no CBDC? appeared first on Payments Cards & Mobile.
Debit cards dominate across Europe as cash recedes and digital grows
New data from PCM’s Digital and Card Payments Yearbooks 2022 reveals the overwhelming dominance of debit cards across the continent, with around seven in ten of all cards issued in... read more
The post Debit cards dominate across Europe as cash recedes and digital grows appeared first on Payments Cards & Mobile.
American Express prepares to launch debit card product in China
American Express doesn’t issue debit cards in the US but it is gearing up to issue debit cards in China as it extends its position in the country. AmEx was... read more
The post American Express prepares to launch debit card product in China appeared first on Payments Cards & Mobile.
Visa facing DOJ antitrust investigation over Debit cards
Its all go for Visa right now, having raised interchange fees in the UK, The Justice Department is now investigating whether it is engaging in anticompetitive practices in the debit... read more
The post Visa facing DOJ antitrust investigation over Debit cards appeared first on Payments Cards & Mobile.
Credit card transactions overtake debit transactions in Canada
In an unusual trend for a developed market, the number of credit card transactions in Canada has exceeded the number of debit purchase transactions for the first time since 1997,... more
The post Credit card transactions overtake debit transactions in Canada appeared first on Payments Cards & Mobile.
