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The UK-based Payment Systems Regulator has set to launch two separate market reviews of the fees charged by Visa and Mastercard.
Visa, MasterCard, cross-border payments, regulation, credit card
The Paypers gathered top voices in the payments industry to tackle the significance of the Amazon/Visa story for the future of ecommerce payments (from BNPL and A2A payments as contenders for future monopolies, to what this all means for regulating transaction fees for merchants in the UK)
Visa, Amazon, ecommerce, credit card, interchange fee, CMSPI, Interchange Fee Regulation
Steve Moffatt, WorldRemit, mobile payments, payments , mobile money, coronavirus, cash
Andrew Cregan, British Retail Consortium, BRC, interchange fee, card fee, EEA, European Economic Area, merchants, scheme fees
The UK Finance industry association has announced it will raise the spending limit for contactless card payments from GBP 30 to GBP 45 in April 2020.
UK, contactless payments, cards, POS, UK Finance, retailers
UK, BBC, retail, British Retail Consortium, online retail, Centre for Retail Research
The new Cross-Border Payments and Commerce Report 2019 – 2020 depicts the major trends driving growth in cross-border payments, cross-border commerce, and marketplaces.
cross-border payments, marketplace, e-wallet, payment method, merchant, retail, travel, SCA, ecommerce, infographic, report
Nuapay, a pioneer of Open Banking, announces its partnership with mobile technology platform, Thyngs, to help charities tackle the decline in donations due to reductions in consumer cash use.
Nuapay, Thyngs, partnership, charity, Open Banking, payments
The original deadline for the introduction of SCA on banks and card issuers in the EEA has come and gone, but things haven’t quite gone as planned
SCA, PSD2, electronic payments, merchants, banks, EBA, Tim Richards, Consult Hyperion, Paul Rodgers, Vendorcom, card issuers, card payments, user experience
Andrew Cregan, Head of Payment Policy at British Retail Consortium, reveals the changes that SCA will bring to payment processes
SCA, Andrew Cregan, British Retail Consortium, PSD2, Transaction Risk Analysis
British Retail Consortium (BRC) has teamed up with dispute processing and remediation company, Chargebacks911, to help its members understand how to fight friendly fraud and chargebacks.
BRC, Chargebacks911, chargebacks, payments disputes, friendly fraud, partnership
The Payment Methods Report 2019 provides insights into the payment methods landscape, depicting the key trends and developments in the way people pay.
The Paypers has launched the fourth edition of the Payment Methods Report 2019, presenting the key trends and developments in payment methods in Europe, the US, LATAM, and Asia.
The Paypers, report, launch, payment methods report, payment methods, Europe, the US, LATAM, Asia, payments , PSP, merchant
The British Retail Consortium’s (BRC) annual Payments Survey reveals that cards accounted for more than 50% of all retail transactions in UK in 2016.
debit cards, credit cards, payments , UK, regulation, retailer, Interchange Fee Regulation
Online sales growth slowed to single digits in June 2016, although Brexit effect on spending can not be held yet responsible for this, according to the British Retail Consortium.
UK, ecommerce, electronic sales, online sales, Brexit, British Retail Consortium
Amazon has launched its biggest foray into food outside of the United States with a deal with British supermarket Morrisons to offer fresh and frozen goods to customers, in some places as quickly as under one hour.
UK, Amazon, partnership, Morrisons, retailer, marketplace, online sales, deal to put on display its grocery way
EU businesses are set to save GBP 480 million according to The British Retail Consortium, with the implementation of the new interchange fees cap coming into force on 9 December, 2015.
EU, card fee, cap, business, retailer, credit, debit, online apyments, internet, online sales
UK ecommerce registered double-digit increase in January 2015, keeping overall retail sales on positive stance.
UK, double-digit, ecommerce, January, 2015, positive, retail, online sales, internet retail, digital
Retail crime in the UK has reached the cost of GBP 603 million during 2013-2014, 18% higher than 2012-2013, a new research shows.
retail crime, online security, UK, retail fraud, cyber-crime, shoplifting, British Retail Consortium, theft