As the pound hits a 31-year low, UK retailers continue to take advantage of the post-Brexit climate as international consumers flock to bag a Great British Bargain, according to the latest figures from Worldpay. In the ten weeks following the referendum,
Hundreds of senior figures from retail brands gathered at The Langham Hotel in London last week to applaud 12 inspiring women who have been appointed the 2016 Worldpay everywoman in Retail Ambassadors. The programme recognises the achievements of women excelling
A new survey from Worldpay has revealed that one third of consumers believe cash will become obsolete by 2020. With London busses rejecting cash in favour of contactless payments and Waitrose opening the first entirely cashless store this month, the
Small businesses in London are soaring ahead of their counterparts in the rest of the UK when it comes to embracing the digital revolution to give themselves a competitive edge, research from Worldpay suggests. 95% of business owners in London and
A global survey of 20,000 consumers by Worldpay has discovered that international buying power in the Internet age is highly concentrated within a group of high spending, high frequency Super-Shoppers. Despite representing only 8% of the general population, these Super-Shoppers
Bolton laid claim as home to the UK’s most fervent football fans during the opening stages of the Euro 2016 Championships, with pubs across the city seeing takings surge by an incredible 987% during the epic group stage encounter between
WorldPay research has uncovered that both consumers (75%) and small business owners (60%) are deeply concerned about the diversity of Britain’s high streets in a new study released today. The payments processor warns that some sectors of independent retailers could
Britain’s High Streets face the greatest shake up in a century, with a third of small and independent retailers fearing they may no longer be relevant in a market being shaped more than ever by technology and changing consumer habits. That’s
Retailers not offering contactless payment options are in danger of being ‘left behind’ according to Worldpay, which has seen the popularity of ‘tap and go’ payments skyrocket over the past 12 months in the UK. Data from the payments processor,
Parfümerie Douglas, Europe’s perfume and cosmetics leader and one of Germany’s largest retailers, has chosen Worldpay to launch its flagship online store in Germany and help it roll out new e-commerce websites across Europe in 2016. Parfümerie Douglas had been selling
Residents of Preston are the UK’s most generous Valentine’s Day spenders, according to the latest data from Worldpay. Analysis of consumer spending patterns around Valentine’s Day showed that the average Prestonian spends £53 on Valentine’s Day treats – 18% above the
Payments processor Worldpay claims prime shopping destinations in London and the South East could see spending by visiting Chinese shoppers surge by a third during the coming Lunar New Year Golden Week holidays which begin on 8 February.
UK retailers saw bumper online sales over the Christmas trading period but experienced more challenging conditions on the high street, according to analyses from payments processing company Worldpay. Electronics retailers emerged strongest from the Christmas period seeing an overall 3%
In a fascinating insight into our habits on a holiday dedicated to family togetherness, Worldpay has uncovered that Christmas Day in fact sees significant peaks in online spending.
The weekend before Christmas could see Britain’s high-street retailers bring in £1.5bn in sales, analysis from Worldpay’s Insights Services team reveals.
Consumers are snubbing small and independent shops this Christmas because they do not provide the same digital shopping experience of the larger retail firms.
Black Friday 2015 will see nearly £1.9bn of sales rung up in UK shops and online, but a study from Worldpay’s Insight Services team suggests the bargain frenzy may be built on a ‘false economy’ which could see some retailers
Worldpay predicts that the digital payments market will leave its growing pains behind in 2016. The payments leader says next year will herald “the third age of digital payments” now that eWallets are growing in popularity, NFC offerings from technology
Drawing on its vast store of payments data, Worldpay has revealed its analysis of the spending habit of millions of people in the UK’s largest cities. Lifting the lid on how Brits choose to spend their money once the bills
Worldpay processed on average over 9,000 transactions per minute globally during China Singles Day 2015 with transactions peaking at 1,111 transactions per second during the day’s busiest sales period. The number of transactions Worldpay processed on Singles Day
Visa Europe Collab, the innovation arm of Visa Europe, is working with biometrics startup, Sthaler, and global payments company Worldpay to trial the use of Sthaler’s ‘Fingopay’ finger vein technology (FVT) in payments. Worldpay employees are taking part in a
The boom in online subscription services such as Netflix, Amazon Prime and Spotify has been one of the great success stories of the internet age. However, according to Worldpay’s latest Future of Digital Payments report a lot of consumers are
Worldpay has today announced the launch of Insight Services, its big-data analytics proposition. Insight Services harnesses the power of Worldpay’s payments information, enabling retailers to better understand aggregated consumer spend and preferences, both online and in-store. As the UK’s leading payments processing company, Worldpay
As millions of Brits start their first full week back at work after the summer break, data from Worldpay reveals the secret to securing a hassle-free caffeine fix with its city-by-city guide to avoiding the daily ‘Breakfast Rush’. According to
Payments leader Worldpay has announced it is working with Missguided to help the online fashion retailer strengthen its payments strategy and ensure the success of its global expansion. Missguided saw its sales rise 69% last year and is aiming to