Smaller retailers, street traders, corner cafes, and cabbies have relied on the cash economy for decades, and could not afford to buy card reader devices …
Mobile money in Kenya refuses to quit
While many mobile operators around the world are under pressure as people make fewer phone calls and the competition on data pricing being increasingly stiff …
HSBC enters open banking with Connected Money
HSBC is the first of the big four banks in the UK to release an Open Banking app. Connected Money allows HSBC customers to view …
Worldline snaps up SIX, SIA remains one to watch
As EPI May goes to print comes the news that Worldline has beaten off a rival bid from Nets’ owners Hellman & Friedman to snap …
Deutsche Bank gets ahead in the online payments game
Deutsche Bank’s new online bank transfer-based payment service comes at a good time when online bank transfers are becoming more popular among German consumers. This …
People don’t like mobile wallets, but for the wrong reasons
Worldwide, there are currently over 2.3 billion smartphone users, potentially reaching over 2.8 billion by 2020. If mobile wallets are to leverage this high penetration, …
Downsides to the end of cash
When is the last time you carried a large amount of cash, an amount greater than the cost of a meal out or a couple …
Israel ramps up attack on cash; mobile payments set for further boost
Long regarded as the ‘start-up nation’ – Israel enjoys the highest density of startups per capita in the world – but despite attracting the most …
Instagram and its new shopping feature will boost UK online sales
Launched in the UK in March following a year’s trial in the US, Instagram’s shopping tool presents a significant opportunity for retailers to capture impulse …
Alternative payments will soon overtake online card payments
The UK economy saw just 1.7% growth in 2017 and inflation that exceeded the Bank of England’s target, reaching 3.1%. This has led to higher …