Blackhawk Network is partnering with Barclays Bank to enable merchant gift cards as a choice on the Pingit mobile payments app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The English have spoken and it seems that they have spoken out in favor using biometric indentification as a primary identifier when it comes to securing banking services. This insight comes from a Intelligent Environments survey that indicates almost 80 percent of British banking users...
According to a recent study by the UK Payments Council, a new UK payments service has caused the nation to become the leader in mobile payments around the world. P2P Paym service, launched in April of this year, is believed to be the cause of...
PayPal is expanding its Working Capital service to the UK, according to TechCrunch. The UK is the first market outside of the U.S. to get PayPal’s lending platform. The platform, first launched in 2013, has already provided $140 million to businesses across the nation. According...
Sweden-based iZettle has capped off the series C investment round it first kicked off in May 2014 with an additional pick-up of $6.8 million, brining total round investment to to $61.2 million. To date, the company has raised a little under $120 million total. Get...
Russian Standard Bank, Mobile TeleSystems and MasterCard international payment system have presented NFC SIM cards, which allow making one-touch payments for purchases and services using Mobile MasterCard PayPass® technology in 700k locations in 51 countries. The use of Russian Standard Bank NFC MasterCard card requires...
Supermarket Carrefour and convenience store Nisa launched a pilot test in Madrid and London, which uses Bluetooth Low Energy (BLE) beacons attached to trolleys and baskets to track a shopper’s journey around the store. Merchants are then provided with data on how shoppers move around...
The report “National Payments Schemes: Drivers of Economic and Social Benefits?” shows domestic payment schemes, which predominantly run debit cards, are an economic-sound alternative to international giants MasterCard and Visa as they offer customized services and local decision making. The study also showed their costs...
A research by Kantar Worldpanel forecasts fast moving consumer goods ecommerce will account for USD 53 B by 2016 vs. USD 36 B in 2013 making it grow to 5.2% from 3.7%. Country analysis shows that in South Korea 55% of people buy online and...
