The Commission has adopted a proposal to give an extra transition period of six months during which payments which differ from the SEPA format can still be accepted so as to minimise any possible risk of disruption to payments for consumers ...
Tags: Service
The Commission has adopted a proposal to give an extra transition period of six months during which payments which differ from the SEPA format can still be accepted so as to minimise any possible risk of disruption to payments for consumers ...
Tags: Service
Many electronic payments will fail in Europe next month, unless the deadline for switching to the new SEPA payment system is extended, the European Commission warned Thursday. By 1st February, banks and businesses within the Single Euro ...
In order to adapt EU payments market to the opportunities of the single market and to support the growth of the EU economy, the European Commission adopted today a package including: • A new Payment Services Directive ("PSD2") and ...
Gift cards, vouchers and alternative payment methods on the increase. UK shoppers did 9.7 per cent less of their shopping with cash in 2012 compared to the previous year. Paying with cash is still the most popular choice for customers ...
Fundamental changes in the UK retail industry as customers embrace new technology and new ways to shop are producing major changes in the relative importance of different payment methods. Customers did 10 per cent less of their shopping ...
Tags: Cash Payment, Retail Stores
The global near-field communications (NFC) retail payments market will reach $180bn (£116bn) by 2017, with one in four shoppers paying in store using the technology, according to a report from Juniper Research. North America, ...
Tags: NFC, smartphone, mobile network operators, mobile handsets
It would offer Airtel's customers the ability to make retail payments and do basic banking using their mobile phones and Airtel's network. You've heard Samua Munda's story before. He's a migrant laborer in Mumbai, who hails from Harubeda, ...
Tags: Airtelm, retail payments, basic banking, mobile phones, Airtel's network
Mobile phones are expected to play a significant role in the future of cashless payments in remote and on-premise purchases. Payment companies are ramping up their mobile offerings in the scramble for this lucrative market. ...
Tags: mobile phones, cashless payments, remote purchases, on-premise purchases