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The cross border B2B payments landscape is ever-changing, there are as many challenges as there are opportunities. High transaction costs, FX fees, and slow payment processing create issues for businesses on a daily basis, particularly for those who are making low value cross border transfers. The way in which PSPs, acquirers, and merchants conduct international B2B [...]

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The European Payments Council (EPC) will launch the SEPA Instant Credit Transfer (SCT Inst) scheme today. European Payment Service Providers (PSPs) now have one year to get ready to process the first SCT Inst transactions in November 2017. The scheme allows them to propose innovative, digital, and fast payment solutions to their customers. The SCT [...]

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The UK payments industry is about to see its biggest change in a generation according to the Payment Systems Regulator (PSR). The comments come as the Payments Strategy Forum, a... more

The post UK payments industry going through biggest shake-up in a generation appeared first on Payments Cards & Mobile.

The UK payments industry is about to see its biggest change in a generation according to the Payment Systems Regulator (PSR). The comments come as the Payments Strategy Forum, a body of experts set up by the PSR, published its Final Strategy for overhauling the current payment systems and putting the interests of those that [...]

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Payment habits are strongly national. They have developed over time and have been shaped by various cultural, political, economic and technological factors. In its most recent white paper RS2 examines... more

The post How the world pays appeared first on Payments Cards & Mobile.