The global payments landscape is a complicated place. Technologies like digital retail wallets have made it easier than ever before for us to tap, swipe and pay. New innovations allow us to scan barcodes, add to shopping carts and receive geo-targeted updates, discounts and offers on the go.
With the advent of a new generation of payment terminals that make it possible to deliver the type of interaction during in-store transactions that customers are now expecting and retailers want to deliver.
Unless banks move to increase their influence in the contactless payment market now, they risk relinquishing much of their traditional role - and fees - to major non-financial players.
Small businesses can feel the strain more than most, when it comes to late payments, but the impact of this can be reduced by following some practical steps to managing your cash-flow and tackling late payments at the earliest stage.
Another Bite of the Apple: Apple Pay Is Really About Its Maker Becoming a Consumer Identity Provider
Apple's 'Apple Pay' function, tying Touch ID with mobile payments, was perhaps the most important announcement to come from the 9/9 event, and one that signifies the company's first legitimate claim to consumer identity.
Mobile commerce is on the up and up, and your eCommerce business will need to ensure you're up to the play when it comes to mobile payments if you want to keep pace in 2014 and beyond. Here are Worldpay's top tips for optimising your online mobile payments.
Whilst the way money exchange is handled around the world varies dramatically from region to region, one thing cannot be
It's not quite paying for stuff with your veins - but it's getting closer. Paym ("pay-em"), a new mobile payment service
Airlines need to manage a complex system of payment currencies, types and distribution channels. Their customers can book tickets in one country with an airline based in another country, in order to fly to a third country, and pay in the currency of another country, sometimes using the preferred payment method of a fifth country.
The global e-commerce economy is growing at a rapid pace, and with this growth, we're seeing significant changes in the way merchants and consumers are choosing to do business. Whereas to date cards have been king, new research reveals that within the next four years, we'll start to see alternative payment methods make up the majority of online purchases.