credit card debit apacs
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Cash still king as Brits leave cards at home
News CPP pointed out, however, that tourists' concerns might be misplaced, citing Apacs data showing actual fraud abroad accounts for only 39 per cent of UK card theft and fraud. The company, which offers insurance on sundries, including payment cards... [26 Aug 2008]
Cheques go up in smoke but plastic is fantastic
News Apacs director of communications, Sandra Quinn, said as retailers stop accepting cheques it is expected that a large proportion of those payments will migrate to debit card payments. Cheque payments continue to decline in the UK as card... [12 May 2008]
'Tap and go' plastic arrives in London
News Payments industry body Apacs estimates more than five million contactless cards will be issued by the end of 2008 in the UK and that they will be accepted by at least 100,000 retailers. The MasterCard PayPass and Maestro PayPass contactless cards... [04 Sep 2007]
Would you credit it? The debit card turns 20
News According to figures from industry group Apacs, 143 purchases are made with them every second, accounting for 6.8 billion transactions per year. The growth in popularity of debit cards has outstripped that of the credit card, with 85 per cent of... [01 Jun 2007]
Chip and PIN slaps face-to-face fraud
News But card fraud overall has only dipped by a few per cent according to payments industry organisation Apacs, with much of it migrating to card-not-present (CNP) fraud and overseas transactions. However, Apacs admits CNP fraud is up by 41 per cent... [02 May 2007]
Chip and PIN rollout '95 per cent complete'
News There are around 900,000 face-to-face point-of-sale terminals across the UK and 860,000 - 95 per cent - have been upgraded to chip and PIN, according to payment industry body Apacs. A spokesman for Apacs said it is not compulsory for any retailer... [27 Nov 2006]
Plastic for the people - cash ditched for cards
News Apacs said people are using debit cards rather than credit cards because they have become better at avoiding debt. Earlier this year Apacs reported that spending on debit cards had exceeded cash spending for the first time in the UK. [01 Aug 2006]
Plastic fantastic - the future of credit cards
News Industry body Apacs reports there are 31.6 million credit card holders in the UK today. In Japan all new handsets come with a built-in chip designed to hold your bank debit details, and the facility has proved wildly popular as a means of paying... [04 Jul 2006]
Card spending beats cash
News The figures, from banking industry body Apacs, show use of retail debit card use up nine per cent on 2004 figures of £82bn. A spokeswoman for Apacs told silicon.com: "We're increasingly going for debit cards over cash. [19 Apr 2006]
Government ID fraud claims - are they all they seem?
News The first misleading calculation is the inclusion of figures from card payments body APACS totalling £504.8m. APACS spokesman Mark Bowerman told silicon.com that ID fraud actually cost the payments industry just £36.9m in 2004 and that for the... [02 Feb 2006]
Chip and PIN credited for £36m drop in card fraud
News Apacs is launching a four-month 'I love PIN' campaign to encourage cardholders to find out, memorise and use their PINs for all their debit and credit cards. Payment industry body Apacs claims the drop in fraud is a result of the increasing use of... [10 Oct 2005]
Chip and PIN heads for cyberspace
News A spokesman for Apacs said: "With the old-style card if someone was to steal it all they would need was the signature. Apacs told silicon.com: "What we can say for certain is that when we first announced we were going down the chip and PIN route we... [27 Sep 2005]
Consumers spend £16bn online
News A spokeswoman for Apacs, said: "[C]redit cards are far more popular for online payment than debit cards - a direct reversal of card use in other retail environments. Apacs said the rise in online retail is likely to continue over the next decade... [12 Sep 2005]
Half of Brits don't have all chip and PIN cards
News But a spokesperson for the Association of Payment and Clearing Systems (APACS) said chip and PIN was only designed to stop lost and stolen card fraud. Less than half of Britons have received chip and PIN replacements for all their credit and debit... [19 Jul 2005]
Cheat Sheet: ID cards
Cheat Sheet Indeed, payment industry body APACS recently said the banking industry had ruled out biometrics on credit and debit cards because the false rejection levels are still too high for use on that kind of scale. [22 Nov 2004]
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