payment credit card in news
Contactless payments speeds up coffee drinkers
News Coffee chain Coffee Republic is rolling out contactless payment technology after a trial of Barclaycard Business's OneTouch system saw up to one in five credit card transactions being waved through this way. [23 Jul 2008]
Businesses fear Sepa debit fraud risk
News A similar amount considered Direct Debit fraud to be a main concern as thieves move away from payment card-based activities. In a survey conducted by Experian in April, 98 per cent of respondents have no plans to enhance payment fraud checks as... [22 Jul 2008]
Open source guru criticises Oyster software
News Online payments cannot be made anonymously, so anyone paying online or linking their Oyster card to a credit card for automatic top-ups is handing their travel information to the government, Stallman argued. [10 Jun 2008]
Business travellers demand more tech
News The survey also found that 46 per cent wanted the ability to carry out credit and debit card transactions using their mobile phone. She said in a statement: "The future growth of business travel is inextricably linked to the advancement of... [02 Jun 2008]
Credit crunch prompts the great cash comeback
News The consortium puts the cost to retailers of processing a credit card transaction at up to 17 times higher than the charge for handling a cash payment and accuses card companies of pushing cashless payments as a way of boosting their own revenue. [21 Apr 2008]
Police chief: Cyber crime is everywhere
News Her warning came as payment clearing industry body Apacs released figures showing that £532.2m was lost to card fraud in 2007 - a 25 per cent rise since 2006. Lemon warned that the internet was fuelling a rise in global credit card fraud and that... [19 Mar 2008]
Top 10 financial services stories of the year
News What is needed is a low value contactless payment card, said Visa, which was lucky because it has recently launched one to solve that very problem. Gartner's forebodings for cash were made real with a number of commitments from credit card... [17 Dec 2007]
O2 Tube trial takes mobile payments underground
News Visa has already launched a contactless payment system known as payWave which is available in some areas of London and enables customers to wave a credit or debit card in front of a reader to pay for low value goods without needing to enter a PIN. [28 Nov 2007]
E-payments: Cheap as chips
News This is not only due to the money credit and debit card systems cost retailers, it also comes from processing the cash in everyone's pockets. Andy Kyte, VP of analyst firm Gartner, said at the Gartner Symposium: "All consumers pay between three to... [27 Nov 2007]
TfL and Nokia to roll out 'Oyster phone' trial
News Visa even has a payWave credit card that features the capability to make small, contactless payments in shops, as well as functioning as an Oyster card. The same technology has recently been incorporated into some new banking cards so that they can... [26 Nov 2007]
Is cash costing you three days per year?
News Visa Europe is one of a number of credit card companies that have rolled out a contactless payment credit card in partnership this autumn. Unsurprisingly, Visa Europe is advocating a contactless payment system for purchases of £10 or less as a more... [29 Oct 2007]
Online cash payments on the cards?
News There is already evidence that this is starting to happen as a number of major retailers are considering adding alternative payment methods to the standard debit and credit card. New Look is one of the first retailers to include PayPal as a payment... [22 Oct 2007]
Experian adds anti-fraud tool
News Brooker said since the banking community has concentrated on reducing credit card fraud, fraudsters have moved on to other things, such as direct debit and direct credit fraud. The system is called Bank Wizard Absolute and is made by payment... [03 Oct 2007]
'Tap and go' plastic arrives in London
News The so-called "tap and go" payment feature can be added to any MasterCard credit, debit or prepaid card or Maestro debit card and HSBC and the Royal Bank of Scotland have already signed up to use the technology. [04 Sep 2007]
Would you credit it? The debit card turns 20
News The growth in popularity of debit cards has outstripped that of the credit card, with 85 per cent of adults possessing a debit card, against 66 per cent who have a credit or charge card. The ability to make a payment accurately without having to... [01 Jun 2007]
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