Household spending in the EU fell in Q3 2012 and for the second successive quarter. Spending levels declined once more as a number of economies across the region remained in recession, and confidence reamains fragile. The UK, France, Spain and Italy all recorded drops in...
The UK’s epay has partnered with leading provider of merchant retailers WorldPay, to offer retailers the possibility of processing card payments through their epay terminal. In addition to providing payment processing for all major debit and credit cards including MasterCard and Visa, epay’s new terminal...
McDonald’s has announced it will be introducing contactless payments in all its restaurants across Ireland. The fast food giant has teamed with Visa Europe to allow customers to pay for their food for transactions under 15 euros. Get the Full Story Complete the form to...
Mississippi is the poorest state in the U.S., and has the highest payday lender per capita rate in the country. One community bank is trying to help push the unbanked and underbanked away from payday loans and towards commercial banks, and is helping to educate...
A whole new world for NFC? That’s what Disney is planning on, as they transition their Florida-based theme park into a contactless lover’s delight. The MyMagic+ system will allow consumers to pay for food and goods, gain admittance and snag ride tickets through the tap...
US payments processor EVO Payments International has signed a deal with private equity investment firm Madison Dearborn Partners to fund its international expansion. The firm also bought a minority ownership position in EVO. Get the Full Story Complete the form to unlock this article and...
Thanks to EMV technology card fraud has been on the decline in the European Union since 2008. However, in a recent report, Europol has found that it still amounts to EUR1.5 billion a year. Get the Full Story Complete the form to unlock this article...
PYMNTS Prophecies: Our Take On Eight 2013 Predictions 2012 Year In Review Happy 2013 everyone! Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
The end of 2012 saw the launch of a new innovative financial tool by the hands of those behind M-Pesa. M-Shwary was launched in Kenya to allow users to save and borrow money via their cell-phones, without the need of a traditional bank account. Get...