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With Bitcoin and other cryptocurrencies coming closer to the forefront of digital payments, how long will it be before cryptocurrencies are widely accepted by retailers?

“Do you take crypto?” – How long before we can all pay with cryptocurrency?

Analysis Blockchain Cryptocurrency Features Industry Looking ahead

April 30, 2021

A change in payment, e-commerce, retail and financial industry is emerging, and it is going to be momentous. University Canada West lecturer Dr Pooja Lekhi Bitcoin’s valuation recently hit $60,000…

https://www.mastercardservices.com/en/recovery-insights/commerce-e-volution-report

Klarna rival Zilch valued at half a billion after funding round

Ecommerce Industry News Payment

buy now pay later Clearpay Klarna Mastercard Zilch

April 19, 2021

George Iddenden

No Comments

A London-based buy now, pay later startup, Zilch, has been valued at $500 million after a round of funding after the Klarna rival raised $80 million from investors. Zilch is…

Consumers spent nearly $1 trillion more online during the pandemic

Ecommerce Industry

e-commerce Mastercard Online retail

April 9, 2021

George Iddenden

No Comments

Ecommerce spending rose by over $900 billion during the pandemic as shoppers were forced to purchase their goods from home, according to research carried out by Mastercard. Mastercard’s Recovery Insights…

Retailers could soon turn to cryptocurrencies to minimise costs as Mastercard and Visa prepare to hike up interchange fees fivefold.

Retailers could begin accepting cryptocurrency as card interchange fees skyrocket

Cryptocurrency

Bitcoin cryptocurrency Etherium Interchange Fees Mastercard

February 25, 2021

Ben Stevens

No Comments

Retailers could soon turn to cryptocurrencies to minimise costs as Mastercard and Visa prepare to hike up interchange fees fivefold. Card giant Mastercard announced in January that from October 15…

UK shoppers buying from the EU will now be charged five times as much as they were before Brexit in credit card “interchange fees”.

Mastercard to “hike up” fees fivefold for UK shoppers buying from EU

Ecommerce Payment

EU Interchange Fees Mastercard UK

January 25, 2021

Ben Stevens

UK shoppers buying from the EU will now be charged five times as much as they were before Brexit in credit card “interchange fees”. Mastercard announced today that from October…

Online retail won’t go back to slower pre-pandemic growth says Mastercard CEO

Ecommerce Industry

Barclaycard Mastercard Michael Miebach

January 13, 2021

Ben Stevens

No Comments

Online shopping is due to continue accelerating at greater speeds after the pandemic is over, according to Mastercard’s chief executive Michael Miebach. Speaking to a virtual panel at CES yesterday,…

Contactless spending limits in the UK should be increased even further as the coronavirus transforms attitudes “toward alternative payments” according to new research.

Contactless limit raised to £45 to aid social distancing

News Payment

Barclaycard BRC British Retail Consortium Contactless Mastercard UK Finance

March 24, 2020

Ben Stevens

No Comments

Contactless payment limits will rise from £30 to £45 from April 1 as the UK’s financial and retail sectors take measures to help limit contagion. UK Finance, the British Retail…

Amazon is working with Visa to develop a “non-contact biometric identification system” enabling customers to pay by waving their hands through a scanner, confirming rumours which emerged earlier this month.

Amazon working with Visa on hand scanning payment technology

News Payment

Amazon biometric Mastercard payment Visa

January 20, 2020

Ben Stevens

No Comments

Amazon is working with Visa to develop a “non-contact biometric identification system” enabling customers to pay by waving their hands through a scanner, confirming rumours which emerged earlier this month.…

WHSmith launches “best in class digital payment solution” with Mastercard

Ecommerce News Payment

Funky Pigeon Mastercard The Card Gallery WHSmith

October 18, 2019

Ben Stevens

No Comments

WHSmith has partnered with Mastercard to launch a new “pay by bank” app allowing shoppers to make faster payments online. Funky Pigeon, Cult Pens and The Card Gallery have also…

Levi Strauss, VF Corp and Marks & Spencer have teamed up with Mastercard to trial a new digital payment scheme for factory workers.

Mastercard, VF Corp and M&S will pay garment factory workers digitally under new scheme

Payment Sustainable Tech

Levi Strauss Levi's M&S Marks & Spencer Mastercard VF Corp

October 1, 2019

Ben Stevens

No Comments

Levi Strauss, VF Corp and Marks & Spencer have teamed up with Mastercard to trial a new digital payment scheme for factory workers. Mastercard’s new hybrid digital payment scheme, being…

Mastercard

“Do you take crypto?” – How long before we can all pay with cryptocurrency?

Klarna rival Zilch valued at half a billion after funding round

Consumers spent nearly $1 trillion more online during the pandemic

Retailers could begin accepting cryptocurrency as card interchange fees skyrocket

Mastercard to “hike up” fees fivefold for UK shoppers buying from EU

Online retail won’t go back to slower pre-pandemic growth says Mastercard CEO

Contactless limit raised to £45 to aid social distancing

Amazon working with Visa on hand scanning payment technology

WHSmith launches “best in class digital payment solution” with Mastercard

Mastercard, VF Corp and M&S will pay garment factory workers digitally under new scheme

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