Death of cash: What does a cashless society mean for your children? December 11, 2015 Within a generation terms like cheque book and piggy bank may sound as archaic to young people as the threepenny bit and halfpenny are now. From mobile payments to bitcoin, money is constantly evolving. Last month the UK Payments Council revealed that for the first time ever, non-cash payments had overtaken cash payments in [...]
Apple Pay launch date: Mobile payment service to land in China in February 2016 November 24, 2015 Tech giant Apple's eponymous mobile payment service, Apple Pay, is reportedly coming to China in early February, further capitalising on the boom in mobile and contactless payments among consumers. The company has agreed deals recently with China's big four state-run banks, according to a report by the WSJ. It didn't say how much Apple would charge for [...]
Vodafone teams up with Visa and Carta Worldwide to offer contactless payments to Android mobile users March 30, 2015 Vodafone is getting into the business of contactless payments by allowing its customers to add bank cards to their digital wallets in the coming months it announced yesterday. The telecoms giant has teamed up with Visa and Carta Worldwide to allow European customers with Android smartphones to pay for services at contactless pay points via [...]
Cash isn’t dead and it isn’t even dying: Society won’t accept the demise of the humble banknote February 1, 2016 Seemingly every other day we see yet another article forecasting the death of cash and telling us that we will soon be making everyday transactions with wearable payment technology. Of course, the more tech-savvy of us probably will be, and many already are, but is the general UK consumer really ready and willing to adopt [...]
Contactless payments rise to £380m as Brits favour plastic February 16, 2015 Britain's shoppers spent more than £380m via contactless payments in December, showing their rapid adoption of the latest technologies, according to the UK Cards Association. Overall spending on plastic rose to £49.1bn in the month, with debit cards leading the way. Debit card spending rose 7.2 per cent on the year to £34.5bn, over a [...]
Where can I use Apple Pay in the UK? The A-Z of shops, restaurants and apps which will accept mobile payment with iPhone 6 and 6 Plus November 17, 2015 Apple launched its mobile payment service, Apple Pay, in the UK in its first mobile payment move beyond the US, capitalising on the boom in mobile and contactless payments among consumers. iPhone 6 and 6 Plus users can now pay with just the tap of a smartphone, or Apple Watch, across the high street and [...]
Spending on contactless cards triples in just one year February 7, 2015 Peoples' penchant for contactless cards pushed total spending on them to a record £2.32bn last year according to data from The UK Cards Association. This was three times more than last year's figure. Shoppers can make contactless payments of up to £20 by touching their cards against a reader. It means small purchases can be made [...]
Cashless society: Why businesses need to wake up to the rise of the digital future December 11, 2015 The news that card and electronic transactions have overtaken cash as the UK’s preferred method of payment is a watershed moment for the nation’s businesses. As people increasingly choose their digital wallet over their leather one, any company, no matter what their size or sector, must get ready for a cashless future that is [...]
Smartphones are making paying for the things we want even easier September 8, 2015 Payments are one of the big new features coming to smartphones over the next few years, and they’re going to make our lives even easier. The pitch is simple – especially in London where most people always have their smartphone in their hand. Now you can use that mobile device to pay for things at [...]
River Cycleway Consortium has launched a crowdfunding campaign for its Thames floating cycle path plan November 5, 2015 River Cycleway Consortium, the company behind the proposed Thames Deckway, a floating cycle and pedestrian pathway along the capital's main river, has launched a crowdfunding campaign on Indiegogo. The group, which is made up of Arup engineers and Hugh Broughton Architects and advised by Kemp Little, is aiming to raise £175,000 to carry out a [...]