Tuesday, July 27th, 2010
Businesses in the Hospitality Industry are most at risk of compromising client card data. What can managers do to improve their own business and set it apart from their peers? I was impressed with many of the pointers in Visa...
Wednesday, July 7th, 2010
Visa's contactless cards in UK circulation passed the 8 million mark in June and will grow to 12 million by the year end, so reckons the card scheme. Whilst much of the current growth is down to Barclays' decision to issue contactless cards as...
Wednesday, June 2nd, 2010
Visa has launched its CodeSure system to make online transactions more secure. Cards have a display and generate one-time codes to authenticate online transactions. Once in issue, Visa cards will feature an alpha-numeric display and a 12-button keypad built into the back of a...
Wednesday, April 14th, 2010
Will Cash soon no longer be "King"? Card transactions could seize the UK "payments throne" within 5 years. In its 'The Way We Pay 2010' report, the UK Payments Council notes that cash, on the face of it, still appears...
Friday, March 5th, 2010
Customer "plastic card" data security is still lax for many UK retailers. Staggeringly the vast majority have still to be certified as PCI DSS* compliant. Even more worryingly, a third appear unsure if they will meet the planned 30th September deadline. These latter are in real...
Tuesday, March 2nd, 2010
The upper amount for contactless card payments has been increased from £10 to £15. This is a big boost to the card industry's drive for wider acceptance of the payment method and brings the UK into line with the eurozone, where the limit is...
Thursday, November 19th, 2009
At last .... anti-fraud measures that work! A fall in online card fraud, from $4bn to $3.3bn, is the first year-on-year reduction in revenue losses for US and Canadian merchants since 2003. And UK online retailers can learn from...
Saturday, November 14th, 2009
How long before the UK has a 20% VAT rate? Most of the major EEC economies do already! Stefano Pessina, executive chairman of Alliance Boots anticipates a crippling rise in VAT after the general election. He said this week in a newspaper...
Retailers gearing up for “Wave and Pay”
Wednesday, November 11th, 2009
The "Contactless" card payment acceptance market is set for step growth. A recent independent report suggests the number of retail locations that accept contactless payments is set to surge by more than 12.5 million within 5 years. The report by IMS...
Friday, October 30th, 2009
Westminster City Council is to trial 'wave and pay' parking meters in 2010. Motorists can then use contactless credit or debit cards to pay for parking in central London. The trial run of the new meters will be at 20 locations and if it...