Payment

Apps / Mobile Payment Point of Sale

Contactless payments accounted for nearly 90 per cent of all face-to-face card transactions last year, largely driven by the rise in spending limits to £45. Barclaycard’s latest data has revealed…

Tesco’s Pay+ app which allows shoppers to pay with their phones and collect Clubcard points has surpassed £1 billion in payments.

Tesco’s Pay+ app surpasses £1 billion in transactions as contactless payment methods skyrocket

Clubcard Pay Sainsbury's Smartshop Tesco

January 21, 2021

buy now pay later Klarna second-hand

Tesco’s Pay+ app which allows shoppers to pay with their phones and collect Clubcard points has surpassed £1 billion in payments. Pay+ is now understood to have 1.2 million registered…

UK shoppers are nearly twice as likely to use a ‘buy now, pay later’ (BNPL) service than they are to buy fashion items second hand.

UK shoppers nearly twice as likely to use ‘buy now, pay later’ schemes than buy second hand

Payment

January 21, 2021

Advertising Companies Payment

UK shoppers are nearly twice as likely to use a ‘buy now, pay later’ (BNPL) service than they are to buy fashion items second hand. According to new research from…

Advertising watchdog bans “irresponsible” Klarna adverts

Advertising ASA banned buy now pay later credit debt Influencers Instagram Klarna Stella Creasy Watchdog

December 23, 2020

Companies Ecommerce Payment

The Advertising Standards Authority has upheld claims made against a series of Instagram posts promoting Klarna Bank’s deferred payment services. The ASA on Wednesday ruled that Klarna could not show…

Buy Now, Pay Later firms to face tougher advertising restrictions

Advertising ASA BNPL buy now pay later credit debt fintech Klarna

December 8, 2020

Cryptocurrency Ecommerce Payment

The Advertising Standards Authority (ASA) has released tougher guidance on how Buy Now, Pay Later (BNPL) schemes advertise their financial services. The ASA’s sister organisation, the Committee of Advertising Practice…

JD.com will start accepting digital yuan

JD.com becomes first online platform to accept digital yuan

Beijing China cryptocurrency digital yuan ecommerce JD.com

December 7, 2020

Ecommerce Payment Security

Chinese ecommerce giant JD.com Inc on Saturday announced it had become the country’s first platform to accept Beijing’s digital yuan. The company’s finch arm JD Digits will accept Beijing’s homegrown…

Which? calls for better protection for PayPal customers from scammers

APP scam automated push payment Banking ecommerce online payment Paypal Scam Which?

December 7, 2020

Companies Ecommerce Payment

PayPal customers should be covered by the same consumer protections they receive when using other forms of payment, according to Which? Although PayPal offers its own user protection for customers…

Klarna launches price-tracking feature

App browse customise discount Klarna payments sale track widget

November 17, 2020

BNPL buy now pay later comparethemarket.com Klarna Laybuy

Klarna has announced the launch of a price drop widget allowing customers to track the latest deals and sales. Created in time for the festive season, Klarna’s new iOS feature…

Buy now, pay later (BNPL) schemes have experienced a “marked uptick” in use during the coronavirus pandemic as cash strapped shoppers turn to companies like Klarna and Laybuy.

BNPL schemes see 35% boost during lockdown but are causing shoppers to “spend beyond their means”

Payment

November 11, 2020