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Contactless mobile payments to surpass 1 Billion users in 2024
A new study has found that the total number of unique contactless mobile payment users will reach 1 billion globally by 2024; rising from 782 million in 2022, representing a... read more
The post Contactless mobile payments to surpass 1 Billion users in 2024 appeared first on Payments Cards & Mobile.
$89 billion in bank revenues at risk by slow adoption of next generation payments
Up to $89 billion (4.6%) of global payment revenues could be at risk in the next three years for banks that are slow to offer next generation payments options, according... read more
The post $89 billion in bank revenues at risk by slow adoption of next generation payments appeared first on Payments Cards & Mobile.
UK debit card use soars to 90% of spend as fees continue to rise
The British Retail Consortium (BRC) published its latest annual Payments Survey. The survey is an annual publication of the BRC measuring the sales volumes and values of different payment channels... read more
The post UK debit card use soars to 90% of spend as fees continue to rise appeared first on Payments Cards & Mobile.
Merchant acquiring in the Med – A hot business
Global merchant acquiring volume is set to hit $41 trillion in volume by 2026, with fresh impetus coming from skyrocketing e-commerce growth, soaring contactless usage and a reshaping of business... read more
The post Merchant acquiring in the Med – A hot business appeared first on Payments Cards & Mobile.
Open Banking now a “Must Have” globally
New research shows that Open Banking is now regarded as a key part of the banking landscape, with 99% of respondents considering it either a ‘must have’ or ‘important’, up... read more
The post Open Banking now a “Must Have” globally appeared first on Payments Cards & Mobile.
