Despite the rise of digital payment methods, a new study by NatWest reveals that three-quarters of UK consumers still carry cash as a backup for emergencies. The survey, involving over 2,000 UK adults, sheds light on the enduring importance of cash, even as digital alternatives grow in popularity. Key Findings: Emergency Preparedness: ... Read More

Starting next year, Google Pay users in the US will gain access to popular “Buy Now, Pay Later” (BNPL) services, Klarna and Afterpay, as part of Google’s effort to expand payment options for shoppers. Klarna will allow Google Pay users to make purchases starting at $35 and pay in interest-free installments. Customers ... Read More

South African fintech Mama Money has introduced a bank card integrated with WhatsApp, designed to tackle barriers to conventional banking and improve financial access. In collaboration with Access Bank and Pick n Pay, the Mama Money Card offers a seamless experience, enabling users to manage their accounts via WhatsApp. Cardholders can ... Read More

Santander has introduced its Openbank digital banking platform to Mexico, following its recent debut in the United States. Mexican customers can now access Openbank’s digital services, which include debit and savings accounts with no minimum balance requirements or hidden fees. Customers can also utilize Santander Mexico’s ... Read More

Barclays Bank is reportedly in early discussions with Brookfield Asset Management to divest 80% of its merchant acquiring business, signaling a significant strategic shift for the UK lender. The move comes after Barclays announced in February that it was exploring sale or partnership options to rejuvenate the struggling division amid ... Read More

Spain has become the first EU market to fully implement the European Payment Council’s (EPC) OCT Inst (One-Leg Out Instant Credit Transfer) scheme, enabling instant cross-currency payments for international transfers. The onboarding of the Spanish banking community follows pilot trials in mid-2023 involving key players such as ... Read More

Regular payment gateway audits are crucial for ensuring compliance, detecting vulnerabilities, and safeguarding online transactions. Learn best practices to enhance security, prevent fraud, and maintain customer trust in today’s digital ... Read More

In the world of digital payments, innovation is key to ensuring speed, convenience, and security for consumers and businesses alike. One technology that has gained significant traction in recent years is the QR code. Short for Quick Response Code, this 2D barcode has transformed the way people conduct transactions, making payments ... Read More

In a world where digital transactions dominate, safeguarding your financial information has never been more critical. From online shopping to managing investments, we rely heavily on the internet to handle our finances. However, this convenience comes with risks, including fraud, identity theft, and unauthorized access to sensitive data. ... Read More

In the fast-paced digital world, businesses often look for quick solutions to accept payments. Scammers exploit this urgency by offering “instant payment gateway approvals” that seem too good to be true. These fraudulent schemes prey on merchants’ need for speed, promising approvals without due diligence or technical ... Read More

In today’s digital world, online transactions have become an integral part of our daily lives. Whether you’re shopping online, paying bills, or making transfers, the process is usually seamless. However, sometimes, a payment fails to go through. Understanding why this happens and how to resolve the issue is crucial to ... Read More

The rise of e-commerce and digital transactions has brought immense convenience to businesses, but it has also created opportunities for scammers to exploit unsuspecting merchants. One of the newest and most dangerous tactics is the creation of fake payment gateway websites. These scams are designed to look legitimate, complete with ... Read More