Coronavirus has caused a significant impact on the way consumers shop and make payments. With social distancing rules in place, many of them have embraced contactless payments and digital wallets as a safer way to manage their money.
As the face of UK retail has changed in the wake of the COVID-19 crisis, so too has how people pay for goods and services, according to research conducted by specialised payments platform Paysafe. In the company’s latest ‘Lost in
Bernard Foot, strategy analyst at payment HSM as a aervice provider MYHSM, wonders whether COVID-19 will have a permanent impact on the usage of cash
In the last decade alone the world has seen an incredible amount of technological advances which are continually changing the way people go about their daily business. Smartphones, for instance, have completely revolutionised the mobile phone market, to the extent
Ian Tomlinson, founder of RetailStore, gives his predications of what will be hot trends for retailers in 2018
On 28 March 2017, the Royal Mint released the new 12-sided £1 coin. It will replace all round £1 coins by October when they will cease to be legal tender. Judging by the stir caused from the introduction of the
An insight into UK consumers’ shopping behaviour ahead of this Christmas’ shopping rush was discovered by e-payment specialist, PPRO Group, following a survey of 1,000 UK adults. The research revealed some telling online shopping frustrations with a third (31%) of shoppers
By 2020 many things will be different: London’s Crossrail will be in full service, England will be hosting the first international football tournament since 1992 and Britain may well be voting in the next general election. The UK payments landscape will
New research from Barclaycard has revealed that busy Brits are demanding faster service and more convenient ways to pay when eating out and ordering takeaways for delivery. As dining habits change, the pressure is mounting on restaurant owners to respond
Today at Mobile World Congress 2016, PayPal unveiled new partnerships and product updates, which it claims showcase the company's vision of using technology to reimagine financial services to be faster, simpler and more inclusive, whether online, in-app, in store or
Digital subscriptions top the list of sectors worst affected by chargebacks, according to new data from Global Risk Technologies. The chargeback and risk mitigation experts found that chargebacks accounted for as much as 24% of all UK purchases in the digital
From next Monday, customers at Zizzi restaurants across the UK no longer need to ask for the bill. They now have the option to pay from their smartphone, through the Qkr! with MasterPass app. Developed by MasterCard Labs, Qkr! is
Despite the fact that seasonal spending using contactless is expected to be almost three times higher this year than last, many merchants could be missing out on valuable sales by failing to offer the option of contactless payment at the
The payment industry will continue to remain dynamic throughout the next year. Ralf Ohlhausen, business development director of thep PPRO Group, summarises his predictions for the payments industry next year
The Logic Group – a payments services provider and Barclaycard company – has launched its Retail Report 2015, which looks at the three key trends which are driving the modern omni-channel retail market. The top three omni-channel retail trends Contactless: fast becoming
PayPal and Bouncepad claim they are making it easier and more affordable for small businesses to start accepting contactless payments, and boost convenience for customers in-store. Bundling the new PayPal Here card reader with Bouncepad’s PayPal tablet enclosure and custom
PayPoint, an international leader in payment technologies, has announced its third generation ‘Advanced Payments’ platform for mobile and online merchants. Four years in the making, the new digital platform has been designed from the ground-up to address the needs of fast growing businesses
Research from Cognizant, VocaLink and the Financial Services Club shows that disruptive technologies, the impact of innovation and the precedence of mobile signify rapid change in the payments industry. Theirl study of over 300 banking and financial services executives shows
The UK is becoming an increasingly “cash-last” society as one in four Brits expects to use their mobile phone to make payments on a daily basis by 2020, growing from the one in 12 who do so already today. According to new
Worldpay, a leading global provider of payment and risk services, has announced the availability of an updated integration to the Demandware Commerce Cloud platform, giving retailers the ability to easily expand into new markets and generate new revenue opportunities with a suite
Denmark is moving one step closer to becoming the world’s first cashless society, as its government proposes scrapping the obligation for retailers to accept cash as payment. Payments processor Worldpay suggest it won’t be long until other countries such as the UK begin to follow suit
More than two thirds of retailers across Europe and the Middle East are investing or planning to invest into new payments technology within the next 18 to 24 months, with retailers citing real-time clearing and settlement capabilities, smart card based loyalty
ECR Retail Systems, the London-based Mobile Point of Sale (MPoS) specialist, today announced the launch of AirPoS, its retail payments system specifically designed for airline operators. AirPoS, which uses the same sophisticated mobile payment technology as its RailPoS solution, will
Despite 2015 set to be a big year for new payment trends with the growing popularity of Google Wallet, ApplePay and other payment methods, research released today suggests that barriers still exist with only 40 per cent of UK businesses
Research released by The PPRO Group suggests that despite a high proportion of UK businesses having a good awareness of overseas payment culture, they are not necessarily offering the options on their websites, causing many to miss out on a large
