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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,…

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Payments - Receipts at POS

Canada Pulls the Plug on the Penny

by Kylene Casanova

The Canadian Mint has now ceased distributing pennies to financial institutions and the circulation of the currency will begin to decline. The transition data was announced in July 2012 after consultations with smal

Payments - Receipts at POS

Countdown starts to mobile payments for all in UK

by Kylene Casanova

Paying a friend or business on your mobile as easily as sending a text is set to become a mainstream option in spring 2014, when the UK's Payments Council's new mobile payments service launches in the Spring.

Payments - Receipts at POS

Bank of England eyes durable plastic to replace notes

by Kylene Casanova

The Bank has confirmed, Sky News claim, that a proviso is included in a new bank note printing contract to replace paper with polymer-based cash. They may be following Australia, who introduced flexible plastic bank

Payments - Receipts at POS

Card acceptance points: Visa maintains global lead over MasterCard

by Kylene Casanova

The recent Retail Bank Research report on the merchant points accepting cards showed that there are 31 million card accepting outlets world-wide. Visa and MasterCard cards are accepted at over 27 million outlets, fa

Payments - Receipts at POS

ECB survey: non-cash payments on the rise in EU

by Kylene Casanova

More than 90 billion non-cash payments were made in the EU last year, nearly five per cent up on 2010 thanks to rising use of credit and debit cards, according to European

Cash & Liquidity Management

Barclays extends Pingit to Kenya

by Kylene Casanova

Launched in the UK earlier this year, Pingit is a person-to-person payment service that enables people to send and receive money using mobile phone numbers.