Cashless payments now account for 37% of all transactions made on vending machines equipped with USA Technologies’ ePort Cashless Payment System, data from the company’s 2015 Cashless Knowledge Base Study has found... More
Cash
Danske Bank to integrate PowaTag platform with mobile payments app
Denmark’s Danske Bank is to build support for mobile commerce platform PowaTag into its MobilePay app, allowing two million Danes to order and pay for goods with their smartphones via ‘virtual boutiques’ generated by PowaTag Codes placed within print, broadcast and out-of-home (OOH) advertising... More
One in four UK consumers influenced by in-store payment methods
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... More
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
MasterCard launches P2P payments service
MasterCard has unveiled a P2P payments service that lets consumers send and receive funds “within seconds” from “virtually any” US debit card account... More
Visa Europe to invest in digital payments
Visa Europe is to invest more than €200m a year in new payments technologies to accelerate the growth of digital payments, the payments network has announced... More
Wintrust lets customers withdraw cash with their mobile phones
Wintrust Financial is updating its fleet of 190 ATMs in Chicago to enable its mobile banking customers to withdraw cash by requesting money on their smartphone then scanning an on-screen QR code when they get to the ATM. More
The future of mobile payments at CES: Video now available
The key to mass market adoption of mobile payments will be the creation of a compelling consumer experience that incorporates both payments and value added services, the Future of Mobile Payments session at the International CES 2015, chaired by NFC World’s Sarah Clark, has found. More
Polish banks join up for launch of Blik mobile payments service
The National Bank of Poland has given the go-ahead for the launch of Blik, a mobile payments service backed by six Polish banks that lets customers make payments in stores and online, withdraw cash from ATMs and send P2P transfers with their mobile phones... More
Four in ten mobile wallet users choose mobile as primary mode of payment
While convincing consumers to make use of a mobile wallet remains an issue for many providers, shoppers that do convert to mobile payments make extensive use of the technology, Nielsen’s Q2 2014 Mobile Wallet Report has found... More
Total gas stations offer mobile payments in Uganda
Customers at 45 Total gas stations in Uganda can now use their Airtel Money account to pay for fuel and services as well as make in-store purchases with their mobile phone... More
Survey: Two-thirds of UK shoppers say cash is inconvenient
“Consumers are increasingly less willing to carry large amounts of change around with them and many believe that coins will become obsolete in the future,” new consumer research conducted by Barclays and Barclaycard has found. More