Contactless payment cards featuring finger-reading biometric sensors have now been introduced in what’s billed a ?world’s first?, which could make shopping faster and more secure than ever.
By Staff writer
September marked the ten-year anniversary of the introduction of contactless payment cards in the UK. Since 2007, we have seen a dramatic change in the way that consumers are choosing to pay for their goods and services.
The cashless economy is showing no signs of slowing in the UK, but where does the nation sit on a global scale Find out in this infographic.
SMEs are being warned that one in every two customers might walk away from a transaction if cashless payments methods were not made available.
By Staff writer
Money makes the world go round and for those in business, also keeps your company afloat. It goes without saying that invoicing is the cornerstone to maintaining a healthy cash flow.
A third of UK shoppers have revealed they believe cash will be obsolete within the next five years, according to Worldpay, despite the fact the Bank of England is rolling out a new £5 note for use from Tuesday 13 September.
By Ewan Ogilvie
Cash as legal tender has been around for almost 300 years. And whilst a great deal has changed in how we buy and sell, cash has been stalwart throughout the ages, only recently beginning to see challenges from cards and now mobile payment options.
By Dave Hobday
This September, the upper limit for contactless payments was officially raised to £30. Many entrepreneurs and small business owners might not even have registered this seemingly minor event, but we at Worldpay believe it could represent a significant moment in the evolution of payments.
By Dave Hobday
This September, the upper limit for contactless payments was officially raised to £30. Many entrepreneurs and small business owners might not even have registered this seemingly minor event, but we at Worldpay believe it could represent a significant moment in the evolution of payments.
Little, if anything, was said about how Apple Pay would impact smaller independent retailers upon its UK arrival – nor how firms might use the technology to drive growth. While there is an opportunity to scale and capture the increase in mobile shopping, it doesn’t lie completely in the Apple basket.
