Payment

Users of facial recognition software as a means of payment will increase by 120 per cent by 2025 according to a research carried out by Juniper. The study concluded that…

UK shoppers will soon be able to "tap & pay-over-time" as fintech startup Zilch launches the country’s first instant ‘buy now, pay later’ (BNPL) service.

‘Tap & pay-over-time’ service to be launched in the UK for first time

BNPL buy now pay later pay over time tap Zilch

April 8, 2021

UK shoppers will soon be able to “tap & pay-over-time” as fintech startup Zilch launches the country’s first instant ‘buy now, pay later’ (BNPL) service. Zilch, a London-based BNPL company,…

The majority of UK retailers want to go entirely cashless, removing the option to pay by physical currency entirely.

52% of UK businesses want to do away with cash entirely

Cash Contactless Digital Payments moneyadviceservice.com

March 31, 2021

Apps / Mobile Instore Payment

The majority of UK retailers want to go entirely cashless, removing the option to pay by physical currency entirely. Over half of UK businesses would like to see cash payments…

Variety retailer Flying Tiger has become the latest retailer to adopt self-checkout at their stores after partnering with mobile payment provider Mishipay.

Flying Tiger latest retailer to adopt self-checkout

Apple Pay Cashierless Contactless Flying Tiger Mishipay Paypal Spar

March 24, 2021

George Iddenden

cryptocurrency Curv Paypal

Flying Tiger has become the latest retailer to switch to self-checkout at its stores after partnering with mobile payment provider Mishipay. The new ‘scan and go’ system requires consumers to…

PayPal has announced plans to acquire cryptocurrency security firm Curv in a move which suggests the payment giant could soon allow customers to pay using digital currency.

PayPal to acquire cryptocurrency start-up Curv suggesting shoppers could soon pay with digital currency

Cryptocurrency Payment

March 9, 2021

PayPal has announced plans to acquire cryptocurrency security firm Curv in a move which suggests the payment giant could soon allow customers to pay using digital currency. According to Decrypt,…

John Lewis has launched its own “buy now, pay later” scheme offering customers interest free credit of up to £25,000.

John Lewis launches interest free credit of up to £35k

Auckland BNPL buy now pay later John Lewis Klarna Laybuy

March 8, 2021

John Lewis has launched its own delayed payment scheme offering customers interest free credit of up to £35,000. The department store has partnered with financial giant BNP Paribas to launch…

Contactless payment limits could soon jump to £100 as the coronavirus pandemic forces a dramatic change in “behaviour in how people pay”.

Contactless spending limit officially rises to £100

card Cash Contactless Fujitsu Limit Spending

March 3, 2021

Funding Klarna Sebastian Siemiatkowski

Contactless spending limits will rise from £45 to £100 in a bid to boost spending on the UK’s struggling high streets. The contactless spending limit has now more than tripled…

Klarna has launched a new “Influencer Council” to develop a best practice guide for brands using influencers to advertise online and help shape responsible marketing in the sector.

Klarna triples valuation to a whopping $31 billion as US market takes off

Ecommerce Payment

March 1, 2021

Klarna has tripled its valuation in its latest funding round solidifying its place as Europe’s most valuable startup. The Swedish “buy now, pay later” giant has raised a further $1…

UK shoppers will be using “e-pounds” by 2024 as the country transitions to a cashless society and physical money is abandoned.

UK will soon use government backed digital “e-pounds” and be cashless within a decade

Cash digital currency e-pounds John Howells link

March 1, 2021