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Report identifies significant growth opportunities for unattended terminals
The evolution of unattended terminals has continued at pace in recent years and the number of these accepting credit and debit card payments has expanded significantly. Convenience, ease of use... more
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Open Banking requires ‘Open Payments’ platforms to meet needs of connected customers
A report published today by payments processor RS2 warns that the payment industry must consolidate omni-channel payments, card payments, and direct-from-bank Open Banking payments into new ‘Open Payments’ platforms to... more
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Abandoned purchases cost UK SME’s up to £28.5bn annually
NCR Corporation has released research revealing a variety of challenges facing UK SMEs as they strive to remain profitable in an increasingly competitive market. The survey found that keeping up with customer expectations, particularly in relation to next gen payment options, is leading to an estimated revenue loss of up to £28.5bn per year. The study [...]
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Ant Financial signs bank technology deal as Chinese mobile payments explode
Chinese banks posted robust growth in mobile payments in Q1 2018, according to the People’s Bank of China (PBOC). Banking institutions handled 70.8 trillion yuan (11.1 trillion US dollars) in mobile payments in the period, up 16.8% year on year, the central bank data showed. Around 10.7 billion payments were made through the banks’ mobile [...]
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PayPal partners Google for deeper payments integration
Google has deepened its relationship with PayPal, making it easier to make mobile payments on premium apps and services (like the new YouTube Music, for example). It’s been possible to attach your credit cards through Android Pay for a while now, but the PayPal collaboration means this will now be offered as a payment option [...]
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