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Payment card spending covers the monthly value and volume of transactions across debit and credit cards, both in the UK, and of UK-issued cards across the world. This data also... read more

The post Payment card spending update for July 2021 and a comparison on 2020 appeared first on Payments Cards & Mobile.

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Daily news, E-Commerce, Fivestars, M-Commerce, Mobile payments, mPOS, PayPal, Square, SumUp -

SumUp has acquired Fivestars, a marketing start-up, in a bid to expand its reach across the US and take on rivals like PayPal and Square. The company says it is buying Fivestars for... read more

The post SumUp splashes $317 million in cash to take on US market appeared first on Payments Cards & Mobile.

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Acquiring, Alternative Payments (APMs), Biometrics, Daily news, E-Commerce, E-Money, Instant Payments, M-Commerce, Merchant Acquirers, Merchant Acquiring, Mobile payments, Mobile Wallet, mPOS, Open Banking, P2P, POS Terminals, Processing & Systems, Real-Time Payments -

Over the past decade, core payments processing has become commoditised, squeezing the margins of merchant acquirers. Their future growth is likely to come from providing merchants with value-added services and... read more

The post Merchant acquiring: The $100 billion opportunity in small business appeared first on Payments Cards & Mobile.

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Alternative Payments (APMs), API, Biometrics, BNPL, Daily news, E-Money, FinTech, Identity, Instant Payments, KRIIs, M-Commerce, Mobile Banking, Mobile payments, Mobile Remittance, Mobile Wallet, non-cash transactions, Open Banking, P2P, real-time payment, Real-Time Payments, Regulation -

Payments are entering a new experience-driven era (Payments 4.X), ushered in by an accelerated transformation timeline due to COVID-19 and the growing digital appetite of customers, according to the World Payments... read more

The post Banks must urgently embrace next generation payments appeared first on Payments Cards & Mobile.

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