Category: payments

  • Is It the End of the Line for Cash?

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    Cashless societies could become the norm but much will depend on consumer confidence in the available options and the level of security. Getting rid of cash has long been on the agenda of credit card providers, which trade on the fact that they can provide transaction data to the retailers they service. But now a…

    Is It the End of the Line for Cash?
  • What’s 1966 famous for?

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    England winning the World Cup? Well I guess so, but it was also the year that the first credit card in the UK was issued by Barclaycard. And who launched the first telephone banking system in the UK and in what year? Girobank in 1980. These and other interesting titbits can be found at A history of innovation in payments.

  • Is white label the future for the UK banking market?

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    Jonathan Jensen, @sevendotzero, has been contributing to the Terrapin blog and talking about consumer banking. The UK banking market needs more competition from providers who can deliver customer centric services in the way consumers want to consume them. This means products from people who understand consumers and who are not driven by protecting legacy products. So far new competition…

  • What Apple hasn’t told devs about building for iOS 6′s Passbook

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    Apple’s introduction of Passbook in iOS 6, an app that gathers loyalty cards, boarding passes, event tickets and coupons into a single virtual home, is sure to expedite the growth of digital gift cards. >>> read more What Apple hasn’t told devs about building for iOS 6′s Passbook | VentureBeat.

  • Seven key mobile point of sale providers

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    Following the launch of Square in May 2010, the mobile PoS solutions market has turned into a highly competitive battleground with European and North American providers jostling for a piece of the action. In this article PaymentEye provides an overview of the different players and their solutions, to clarify what each providers offer and what sets them…

  • Square now offers flat fee structure for small businesses

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    Instead of charging merchants for each transaction, mobile payment startup Square is now offering something that seems to defy conventional wisdom: a flat monthly fee to merchants who see $250,000 or less in sales per year. Those merchants instead of paying 2.75 percent per transaction can opt to pay Square $275 per month for any…