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Feature: Easy as PSD 1… 2… 3…or is it?
The EU’s second payment services directive (PSD2) included revolutionary concepts – but also accusations of adding friction for consumers. With the European Commission having closed its public consultation on PSD3,... read more
The post Feature: Easy as PSD 1… 2… 3…or is it? appeared first on Payments Cards & Mobile.
Virtual card transaction volumes to surpass 121 billion by 2027
A new study has found the number of virtual card transactions, randomly generated card numbers linked to a payment account, will exceed 121 billion globally by 2027; increasing from 28... read more
The post Virtual card transaction volumes to surpass 121 billion by 2027 appeared first on Payments Cards & Mobile.
Q&A: 2023 in payments – digital wallets, SoftPOS and CBDCs
The last year saw substantial change for consumer payments. BNPL (Buy Now, Pay Later), mobile payments and SoftPOS entered the mainstream, while CBDCs took another major step forward. But what’s... read more
The post Q&A: 2023 in payments – digital wallets, SoftPOS and CBDCs appeared first on Payments Cards & Mobile.
UK BNPL market steams ahead to reach $55 billion
The BNPL payment industry in UK has recorded strong growth over the last four quarters, supported by increased e-commerce penetration. BNPL payments are expected to grow by 20.1% on an... read more
The post UK BNPL market steams ahead to reach $55 billion appeared first on Payments Cards & Mobile.
Twitter pushes forward with payments vision for future revenues
According to sources, Twitter has quietly started to apply for regulatory licences across the US and is working on the necessary software architecture to deploy payments on the platform. As... read more
The post Twitter pushes forward with payments vision for future revenues appeared first on Payments Cards & Mobile.
