Revolution in UK payments continues: Year on Year: Faster Payments +29%, BACS -1%
by Kylene Casanova
Cheque usage declined by 13% in 12 months to August 2013
Collecting Payments on the Internet
Background
There are two types of payment collection on the Internet: those that are initiated via the Internet and then cleared and settled through an 'external' payment system, and those that are made…
Read moreBarclays Pingit new facilities make collection of mobile payments faster & easier
by Kylene Casanova
New point of sale channel opened up and easy purchases from mobile web or App checkout page
Mobile and online payments via the card schemes under threat from Pingit, Zapp, Ideal and MyBank
by Kylene Casanova
In the UK last week Barclays revealed it was planning to extend its mobile phone number-based P2P payments service, Pingit, to retailers. Launching soon, the Buyit feature will let users make
How to optimise the consumer e-commerce experience whilst building customer loyalty and driving reve
by Kylene Casanova
Point Of Sale (POS) payments are no longer just over the shop counter; they also includes payments from sales on the Internet, on mobile phones and on many other devices. Nevertheless, whatever the POS, retailers ha
Immediate payment systems are being rolled out world-wide to support e-commerce
by Kylene Casanova
Immediate payment systems make payments within a few second which are cleared the same day, and mostly operate 23/7or 24/7. They are being launched world-wide to support retail e-commerce. Not only, consumers are us
Multi-channel payment provider GlobalCollect expands Asia Pacific presence in support of booming e-c
by Kylene Casanova
GlobalCollect, a leading multi-channel payment service provider, announced the further expansion of its Asia Pacific operations with the opening of their Shanghai office. In addition, the company also
The vital opportunities in Mobile payments shown by Barclays’ Mike Walters in his Tour de Force revi
by Kylene Casanova
The presentation by Barclays Head of UK Corporate Payments, Mike Walters, at the Association of Corporate Treasurers Cash Management conference on 13-14 February was an important review
Yet another way of generating business: Amex syncs with social media-enabling hashtags to buy produc
by Kylene Casanova
American Express has launched a new service that turns Twitter hashtags into purchases. American Express cardholders who sync their eligible cards and tweet special hashtags can buy American Express gift cards and p
Digital currency starts to be used in real world: Bitcoins can now be used in USA to pay for Domino’
by Kylene Casanova
Bitcoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world.
Bill paying US consumers use increasing range of payment systems with mobile on increase AND 20%+ ch
by Kylene Casanova
The fifth annual Billing Household Survey, which was carried out by US financial services technology company Fiserv, indicates that:
Eleven banks to go live with MyBank in March 2013. The death of payment cards for online payments in
by Kylene Casanova
EBA Clearing, the French provider of pan-European payment infrastructure services, announced today that 11 financial institutions, from Italy, France and Luxembourg, have decided to join the MyBank solution for its
Access to 145 million active Chinese online shoppers via PAY.ON
by Kylene Casanova
PAY.ON have integrated China UnionPay (China CUP) and subsidiary ChinaPay into its PayPipe routing gateway. This development means that payment service providers and their merchants in the US, Europe and other parts
mopay extends its mobile payments portfolio in the Middle East & North Africa
by Kylene Casanova
mopay, a global provider of online payment solutions, today announced the successful completion of its large-scale network extension initiative in the Middle East & North African (MENA) region.
In the UK customers are increasingly willing to use alternative payment methods such as PayPal, clai
by Kylene Casanova
According to the British Retail Consortium (BRC) non-card methods, mainly e-payment systems such as PayPal, Google Checkout and Amazon Payments, were used in UK for 150 million transactions, worth £1.2 billion, last
3.6% of all Internet payments are completed using iPad devices
by Kylene Casanova
The iPad is the world's most commonly used mobile device for payments, with users spending on average 20 percent more per purchase than on other mobile devices, according to a research conducted by Adyen, a provider
A vital inflexion point in retailing is occurring right now. How are you ...........?
by Kylene Casanova
EBay's CEO believes an inflexion point in retailing is occurring. Consider:
1.5% of airline online booking revenue lost to fraud. Customers happy to accept a robust screening w
by Kylene Casanova
Globally, 66% of airline merchants are seeing fraud levels stay the same or increase as they lose 1.5% of booking revenue to fraudulent transactions, according to the global Perfect Passenger Payment insights report
EBA CLEARING launches MyBank technical pilot
by Kylene Casanova
The new Online Banking ePayment (OBeP) systems allow consumers to make purchases using their most trusted financial institutions - their banks. With this approach, consumers don't have to share their personal inform
Fully automated and bespoke FX settlement solution from Barclays
by Kylene Casanova
The BARX FXPay settlement solution has been built for online retailers who have to collect 100s and often 1000s of low value payments each day, particularly at weekends, sometimes in their customer's local currency.
iDeal in Netherlands dominates consumer online payments
by Kylene Casanova
The online banking payment method iDEAL is currently the most popular means of payment for e-commerce in the Netherlands - taking