Somalia Launches First Nationwide Instant Payment System Powered By BPC
Somalia Payment Switch (SPS1) has successfully launched the country’s first-ever Instant Payment System with QR payments support, powered by BPC’s...
FINTECH
British FinTech Thankyü Unveils Cashless Tipping Platform To Support Service Staff
British FinTech start-up thankyü has introduced an innovative solution designed to support hospitality staff, gig workers, and musicians by enabling...
Barclays Reports Growth In UK Contactless Spending
By Sarah Clark A record 94.6 per cent of all eligible in-store card transactions were made using contactless in the...
Half Of All Contactless Payments In Ireland Are Now Made Via NFC
By Sarah Clark Close to nine in ten (87.1%) of all card payments made in Ireland last year were contactless and more than half of those were made using an NFC mobile phone, Banking & Payments Federation Ireland (BPFI) reports. Banking & Payments Federation Ireland (BPFI) “Over 1.5bn contactless point of sale (POS) payments, valued at €26.7 billion(US$29.3billion), were made in shops, restaurants and other retail outlets in 2024,” the organisation says. “We can see from today’s report that contactless payments continue to be very popular with Irish consumers, accounting...
Mastercard Launches New Virtual Card Programme To Simplify Commercial Payments
A global payments technology company, Mastercard has launched a new programme designed to simplify and scale the adoption of virtual...
Apple Expands Tap To Pay On iPhone To Nine More Countries
By Sarah Clark Apple’s Tap to Pay on iPhone service is now available in Bulgaria, Finland, Hungary, Liechtenstein, Poland, Portugal,...
Indonesia Adds Support For NFC Payments To QR Mobile Payment System
By Sarah Clark Indonesia’s central bank has added support for NFC payments to the country’s QRIS national QR mobile payments...
Google Wallet Goes Live With Visa Cards In Jordan
By Sarah Clark Visa cardholders in Jordan are now able to use Google Wallet for the first time to make...
Vans Replaces Checkouts With Iphones At Flagship London Store
By Sarah Clark Traditional checkouts have been replaced with Apple iPhones equipped to accept contactless payments at footwear brand Vans’...
Mastercard Launches Single Digital Credential That Unlocks Multiple Ways To Pay
By Sarah Clark Mastercard has launched One Credential, a new digital-first approach to financial management that gives cardholders the ability...
