Total UK card spending reached £57.1 billion in June, up by 0.3% month-on-month and up 7% year-on-year, according to data published by UK Finance, an industry body. There were just under 1.4 billion ...

Watchdog says banks will be able to respond to changing consumer demands, inflation and new technology ...

The UK has reportedly reached 150 million contactless cards issued, according to an update from UK Finance. UK Finance’s Card Spending Update for March 2024 shows “that contactless cards now account ...

As well as a £100 limit for a single contactless card transaction, there is also a cumulative total of £300 in contactless ...

The shake-up was among dozens of proposals suggested by the financial regulator in a letter to the Prime Minister after the ...

Holly Johnson is a credit card expert and writer who covers rewards and loyalty programs, budgeting, and all things personal finance. In addition to writing for publications like Bankrate, CreditCards ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The percentage was up from 93.4% in 2023, with Brits making ...

AMSTERDAM--(BUSINESS WIRE)--Cash is the primary form of payment across Europe, being most frequently used in Austria and Germany and least frequently used in Finland. However, the frequency of payment ...

DISTRIBUTED-WORK-MODEL/SAN FRANCISCO--(BUSINESS WIRE)--Today, Cash App announced the launch of Tap to Pay on iPhone for Cash App Business sellers, allowing them to accept contactless payments – ...

When contactless card payments were introduced in 2007, the transaction limit was set at £10. The limit was raised gradually, ...

New Cash App Business feature within the iOS app allows sellers to accept contactless payments using only an iPhone - no additional hardware required Square technology, Cash App reach – Tap to Pay on ...