What's New in Payments

Mobile payment market worth $2.8tn by 2020

The global mobile payment transaction market will be worth an estimated US$2,849bn by 2020, up from US$392bn in 2014, representing a compound annual growth rate (CAGR) of 39.2%, Future Market Insights has revealed. NFC is expected to exhibit the fastest CAGR (46%) of major mobile payment transaction technologies during the forecast period... More



What's New in Payments

One in four UK consumers influenced by in-store payment methods

Sage Pay

More than one in four UK consumers are more likely to shop somewhere if it offers a greater range of — and more innovative — payment methods, a survey conducted for Sage Pay has revealed. Only 5% say they will try Apple Pay, however, even though 26% of UK businesses are currently considering offering the mobile payments service before it has been released in the country. More


What's New in Payments

UK cash payments fall to 48%

The total number of cash payments made by consumers, businesses and financial organisations in the UK fell to 48% last year, marking the first time that non-cash payments have exceeded those made with cash, the Payments Council reports... More