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Klarna UK has launched a new campaign to challenge the stereotype that “millennials are useless with money” as the debate over payment services intensifies.
The Swedish payments giant has launched…
Read More90% of card payments were contactless in 2020
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…
Read MoreTesco’s Pay+ app surpasses £1 billion in transactions as contactless payment methods skyrocket
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…
Read MoreUK shoppers nearly twice as likely to use ‘buy now, pay later’ schemes than buy second hand
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…
Read MoreAdvertising watchdog bans “irresponsible” Klarna adverts
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…
Read MoreBuy Now, Pay Later firms to face tougher advertising restrictions
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…
Read MoreJD.com becomes first online platform to accept digital yuan
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…
Read MoreWhich? calls for better protection for PayPal customers from scammers
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…
Read MoreKlarna launches price-tracking feature
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…
Read MoreBNPL schemes see 35% boost during lockdown but are causing shoppers to “spend beyond their means”
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.
According to…
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