In-store mobile payments reached £975m in 2017, spending data has revealed, representing an increase of 328 per cent in just one year. more»

The two new card readers have been introduced to help PayPal users receive payments by credit or debit card offline. more»

Cash-only businesses could be about to forfeit sales of £2bn in the month leading to Christmas this year, but the permanent loss of custom might cause greater concern. more»

The new feature will permit UK Messenger app users to transfer cash up to the value of £2,500 with a message, emoji or giff. more»

Seen as more reliable than traditional payment methods, mobile card readers have opened businesses up to card payment options that were previously edged out by steep fees and terminal rental costs. more»

The new app will allow customers to pre-order and pay for items for delivery or collection in-store, awarding loyalty points for each purchase made. more»

A new Barclaycard study has confirmed the growing retail power of so-called “next generation” payment methods, with consumer expectations rapidly shifting. more»

With research showing one in four British consumers actively avoid cash-only retailers, it suggests small firms miss out on £23,145 of profit per year by limiting the ways customers can pay. more»

Small business owners yet to invest in contactless payment technology may wish to reconsider, as new figures demonstrate the power of convenience to UK shopping habits. more»

UK business owners could soon suffer from a shortage of physical cash, after an industry body announced that 35 per cent of the country’s free-to-use cash machines were under threat. more»