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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. And 20 years later, around 68 million debit cards are in circulation in the UK. [01 Jun 2007]
Chip and PIN slaps face-to-face fraud
News According to Apacs cards and fraud control manager of operations, Martin Lewis, and head of cards technical unit David Baker, there are now 133 million chip and PIN cards in operation, supported by 900,000 sales terminals and more than 61,000 ATMs. [02 May 2007]
Death of cash? Not yet, say retailers...
News Research from the UK's payments association Apacs predicts, by 2015, less than half of all worldwide payments will be by cash, with three-fifths of current payments using notes and coins. A spokeswoman from Apacs said predictions about future... [12 Mar 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]
Leader: Banks may regret Oyster e-money fiasco
Leader Cash is on the way out - payments made by coins and notes are in "slow decline", according to payments industry body Apacs. Fears over cannibalising their debit card business and interchange fees have doubtless put the banking community off. [09 May 2006]
Card spending beats cash
News A spokeswoman for Apacs told silicon.com: "We're increasingly going for debit cards over cash. The figures, from banking industry body Apacs, show use of retail debit card use up nine per cent on 2004 figures of £82bn. [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 Apacs, the Association for Payment Clearing Services, which is overseeing the rollout, insists that the new cards are much more secure than the old magnetic strip cards, despite claims that shoulder surfing and other tricks are undermining them. [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. A study from the UK payments association, Apacs, found that 262 million... [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]
