Debit card usage is booming in USA with interchange at 24-40¢/transaction
by Kylene Casanova
Debit is Americans’ preferred payment method with typical debit card being used 21 times per month at POS, a 32% increase in usage over the past decade
Payments - Receipts at POS
Background
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. But whatever the POS,…
Read moreReliance on bank notes growing(again) due to savers’ financial instability fears
by Kylene Casanova
Overall cash usage continues to decline as consumers usage of mobile and other methods grow, but decline is slowing. Will cash make a comeback?
SEPA set to embrace instant and P2P mobile payments in euro
by Kylene Casanova
European Payments Council highlights trends it expects to shape the future of payments in the Single Euro Payments Area (SEPA) and beyond.
Is now the time to move on instant payments for corporates?
by Kylene Casanova
The EPC's July newsletter addresses topics including instant payments for corporates, PSD2, the EU Single Digital Market, e-authorisation and updates on Europe's evolving payments market.
US merchant card processing fees rising and also many merchant not ready for EMV
by Kylene Casanova
General purpose and private label credit, debit, and prepaid cards cost on average 1.51%
Has Bitcoin, the universal Crypto currency, finally gone main stream?
by Kylene Casanova
NO, not really, but here are some interesting stats
Payments Council replaced by Payments UK
by Kylene Casanova
A new trade association representing the British payments industry, Payments UK, is being launched today.
SWIFT’s Raymaekers: Cryptocurrency Bitcoin - Disruption, challenges/opportunities
by Kylene Casanova
Blockchain’s potential: "banks should look at the technology underlying these cryptocurrencies as a potential generic new way to transfer ownership of value in the longer term."
Apple Pay is coming to the UK, but it is not necessarily good news for retailers
by Kylene Casanova
Higher security and faster transactions could increase your costs
French Finance Minister to scrap minimum card payments limit
by Kylene Casanova
Only advalorum rate will remain and plans a new independent price comparison site for banking fees
Good news for corporate treasury as EBA announces payments action?
by Kylene Casanova
The EBA has announced it will be taking action to harmonise payments regulation and banking supervision across the EU
Google reportedly working on payment button for mobile search
by Kylene Casanova
Could this button, which would allow users to instantly buy products they search for, transform your business? It could be a huge threat to your mobile business
What’s the future shape of payments in Europe?
by Kylene Casanova
A poll on the EPC website is asking people to vote on what will trigger the next of innovation in the European payments market.
Cash will not be eliminated any time soon, as it is cheapest
by Kylene Casanova
Less: YES, disappearance: NO, particularly since many retailers feel that cash is cheapest form of payment
Global Adoption of Real-Time Retail Payments Systems ramping up
by Kylene Casanova
RT-RPS are live in 18 countries, 12 countries are ‘exploring / planning / building’, and an additional block of 17 countries that are ‘exploring’ through a pan-Eurozone initiative. How can you exploit real-time?
ACT launch new starter certificate – “the first step to treasury success”
by Kylene Casanova
Certificate in Treasury Fundamentals (CertTF) could be your first step in building your knowledge and expertise in treasury and corporate finance
UnionPay expand card acceptance to 148+ countries. Is UP now 3rd essential card?
by Kylene Casanova
Collect payments from Chinese visitors who prefer to use their own UnionPay cards, and in 30 countries from locally issued UnionPay cards
SWIFT now offering real-time retail domestic payments. Global revolution begins
by Kylene Casanova
New project win to build an innovative solution for domestic payments in Australia is the first major milestone for the cooperative
HSBC rolls out Paym for business customers in UK
by Kylene Casanova
HSBC business customers can now take payments from consumers and small businesses using just a mobile phone number
BofA Merrill’s two new cash and paper handling solutions
by Kylene Casanova
Bank of America Merrill Lynch now provide a continuum of solutions to address the various challenges companies face when managing large volumes of cash and check receivables
BofA Merrill demonstrate continued commitment to payment card services
by Kylene Casanova
Global Card Capabilities for corporates and Public Sector clients expanded with expanded footprint, enhanced delivery capabilities, new B2B and technology solutions
Future of payment systems: real-time banking & real-time payment systems combined
by Kylene Casanova
In USA: BBVA Compass bank opens backbone of their system to Dwolla payments system
China ends UnionPay card clearing monopoly as card payment card market freed up
by Kylene Casanova
US companies no longer discriminated against in China. Amex, MasterCard and VISA will now invest heavily
How Bitcoin is being used today for real commerce and how it could grow
by Kylene Casanova
Coinaa show how to use Bitcoin for international payments today. Plus how the new point of sale terminals opens door to a steady-to-exponential growth in the use of Bitcoin