Payment

PayPal launches “super app” offering everything from savings accounts to crypto trading

September 23, 2021

PayPal has officially announced its “super app” where users can manage everything from shopping tools, to bill payments and even cryptocurrency trading. PayPal’s all-in-one app is designed to be a…

Card payments made up over 80 per cent of all payments in the UK last year as the pandemic led to an “accelerated cash decline”.

£4 of every £5 spent in UK now paid for with cards

Payment

BRC British Retail Consortium Cash debit card

September 22, 2021

Ben Stevens

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Card payments made up over 80 per cent of all payments in the UK last year as the pandemic led to an “accelerated cash decline”. According to the British Retail…

Digital payments have the power to “do no less than rebalance global economic power” and will bring about the end of plastic cards, not cash.

Europe will be home to four of the ten fastest-growing countries for mobile payment transactions by 2025

September 21, 2021

Europe will be home to four of the ten fastest-growing countries for mobile payment transactions by 2025, according to Juniper Research and Boku. Russia, Germany, Portugal and Sweden are projected…

Monzo has announced it is edging into the buy now pay later (BNPL) scene by offering its customers up to £3,000 worth of credit.

Monzo muscles into BNPL scene by offering customers up to £3000 credit

September 17, 2021

Monzo has announced it is edging into the buy now pay later (BNPL) scene by offering its customers up to £3,000 worth of credit. The fintech company is one of…

Digital wallet usage has continued to soar skyrocket lockdown restrictions were lifted across the UK, as the nation reaches a “tipping point” in how it chooses to pay for goods.

Digital wallets reach “tipping point” as usage continues to soar post-lockdown

Payment

Digital Wallet Samsung smartphone Smartwatch

September 14, 2021

Ben Stevens

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Digital wallet usage has continued to soar skyrocket lockdown restrictions were lifted across the UK, as the nation reaches a “tipping point” in how it chooses to pay for goods.…

The UK’s leading retail bodies have demanded the government take urgent action to tackle skyrocketing interchange fees which cost retailers over £1 billion last year.

Retailers demand government action on Visa and Mastercard’s skyrocketing card fees

Fintech Payment

Interchange Fees Mastercard Visa

September 13, 2021

Ben Stevens

No Comments

The UK’s leading retail bodies have demanded the government take urgent action to tackle skyrocketing interchange fees which cost retailers over £1 billion last year. Last year both Visa and…

Cash usage plummeted 35 per cent last year as the pandemic drove “some marked changes in payments behaviour”.

Retailers are refusing to take cash despite easing of restrictions

September 13, 2021

One in five people are still being blocked from paying with cash despite the easing of social distancing restrictions according to Which?. This was most likely to happen while grocery…

Digital wallets are estimated to account for $11 billion of online spend by 2026, according to figures from emerchantpay.

Digital wallets to make up $11bn of online spending by 2026

September 9, 2021

Digital wallets are estimated to account for $11 billion of online spend by 2026, according to figures from emerchantpay. The study, which has been published to examine consumer behaviour post…

PayPal has announced it is to acquire Japanese buy now pay later (BNPL) firm Paidy in a deal that could be worth up to $2.7 billion.

PayPal acquires Japanese BNPL firm and eyes Europe expansion

IPOs & Investment News Payment Point of Sale

Argos Clearpay Paypal Square

September 8, 2021

George Iddenden

No Comments

PayPal has announced it is to acquire Japanese buy now pay later (BNPL) firm Paidy in a deal that could be worth up to $2.7 billion. Online shopping levels have…

Revolut is planning to take on Klarna with the launch its own ‘buy now, pay later’ (BNPL) service next year as the controversial sector’s growth shows no signs of slowing down.

Revolut to launch service turning its cards into “buy now, pay later products”

Payment

Afterpay BNPL Klarna Revolut

September 7, 2021

Ben Stevens

No Comments

Revolut is planning to take on Klarna with the launch its own ‘buy now, pay later’ (BNPL) service next year as the controversial sector’s growth shows no signs of slowing…

Payment

PayPal launches “super app” offering everything from savings accounts to crypto trading

£4 of every £5 spent in UK now paid for with cards

Europe will be home to four of the ten fastest-growing countries for mobile payment transactions by 2025

Monzo muscles into BNPL scene by offering customers up to £3000 credit

Digital wallets reach “tipping point” as usage continues to soar post-lockdown

Retailers demand government action on Visa and Mastercard’s skyrocketing card fees

Retailers are refusing to take cash despite easing of restrictions

Digital wallets to make up $11bn of online spending by 2026

PayPal acquires Japanese BNPL firm and eyes Europe expansion

Revolut to launch service turning its cards into “buy now, pay later products”

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