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The UK’s Payments Systems Regulator (PSR) has launched an investigation into card acquiring services and whether Britain’s big banks and payments specialists such as Worldpay and Wirecard have taken advantage of a lack of competition to overcharge smaller businesses and prevent them from moving to alternative service providers. The PSR said it was concerned that [...]
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In the last months it has been reported that 7,339 (and counting) individual e-commerce sites have been infested with the MagentoCore card skimmer malware in the last six months, making the malicious script one of the most successful payment card threats out there. The infections are part of a single effort, all tied back to [...]
The post CARD SKIMMER DISCOVERED ON THOUSANDS OF E-COMMERCE SITES appeared first on Payments Cards & Mobile.
Co-op has unveiled a trial for the future of its shops where customers can check out their own purchases on their mobile phone using pay-in-aisle technology. The shop, scan and go initiative is being trialled at the Co-op’s store located at the retailer’s support centre in Manchester. A wider roll-out beginning as early as this [...]
Visa has announced a suite of sensory branding that will support card brand in an expanded universe of connected, payment-enabled devices. These new sound, animation and haptic (vibration) cues will help signify completed transactions in digital and physical retail environments when Visa is used. “For 60 years, the Visa brand has been a global symbol of innovation, [...]
New data from Alipay shows 82 percent of the transactions on its platform in 2017 were made via mobile payments, mostly through smartphones. This ratio is said to be an all-time high. There were 520 million Alipay users in China, or around 37 percent of the country’s population, in 2017. Alibaba’s payment unit provides services [...]
The post MOBILE PAYMENTS ACCOUNT FOR 80 PERCENT OF ALIPAY’S PAYMENTS IN 2017 appeared first on Payments Cards & Mobile.