30 June 2015

All payments news

Amazon extends seller lending programme to China and India

17 hours ago  | 0 comments | 1 tweets | 3 linkedin

Amazon is bringing its business loan programme to eight new countries, including China, India and the UK, according to Reuters.

PayPal backs away from controversial robocalling policy

22 hours ago  | 0 comments | 2 tweets | 1 linkedin

Following a backlash from customers and regulators, PayPal has moved to "clear up any confusion" on its policy for sending out automated phone calls and text messages.

UK payments regulator calls for 'pipes and wires' innovation

29 June 2015  | 6 comments | 20 tweets | 11 linkedin

The managing director of Britain's new Payments Systems Regulator has bemoaned a lack of innovation in the back-end infrastructure of payments, and warned that she will step in if industry does not up its game.

Western Union is to suspend its money transfer operations in Greece as the crisis-wracked country reels from an overnight Government decision to shut all banks and the stock market for six business days and impose restrictions on cash machine withdrawals.

Barclays takes on Apple with wearable payments

29 June 2015  | 1 comments | 37 tweets | 25 linkedin

Barclaycard is rolling out three new wearable payments devices - a wristband, fob and sticker - that can be used to make ‘touch and go’ contactless payments across the UK.

Payments Council morphs into trade association

29 June 2015  | 0 comments | 9 tweets | 4 linkedin

With its powers ceded to the new Payments Systems Regulator, the once all-powerful Payments Council has changed its remit to form a new trade association which will seek to provide a singular voice for the UK payments industry at home and overseas.

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