BRC-KPMG Online Retail Sales Monitor for December shows 15.1% yoy growth, with sales representing 19.7% of total Non-Food sales. http://tinyurl.com/gs6q3rr
This compares with a rise of 0.1% for UK retail sales on a like-for-like basis from December 2014.
The IMRG Capgemini e-Retail Sales Index shows online retail sales with an 11% yoy increase in 2015with c£114bn spent online. http://tinyurl.com/z8vzwl5
IMRG estimates online has a 27% market share of total retail sales.
Prepaid Financial Services (PFS) has announced the extension of its banking solution across the Eurozone.
PFS can now turn e-wallets into € current accounts that facilitate automated payments in and out, including standing orders and SDDs/SCTs.
Allied Wallet has released a new version of its Payment Gateway with a new, flexible, API Platform. http://tinyurl.com/z5u4fdg
With over 70 APIs, the new Gateway enables simpler integration for merchants and payment processors.
iDEAL has passed 500m transaction milestone. http://tinyurl.com/z8f2wtt
Payments Data http://tinyurl.com/j3nfczb
Indian based PSP Newgen Payments is entering the EU market in the Netherlands.
Newgen offers a multi-channel e-Commerce platform, cloud based International Payment Gateway and Digital Marketing support.
Intesa Sanpaolo customers can now make NFC mobile payments using the new PayGo service. http://tinyurl.com/hxuno8v
30% of all POS terminals in Italy are now claimed as contactless.
UKCA has announced a smart ticketing initiative. http://tinyurl.com/jr7r62d
New funding has become available to support a project examining contactless payment for tickets.
See also Department of Transport http://tinyurl.com/gmqbzy7 and
Bus operators http://tinyurl.com/glpw2ar
PayPal is to run an ad campaign for PayPal Here ahead of the introduction of cards/contactless to Black cabs in London.
PayPal Here has been approved as a card payment solution by TfL.
Ingenico is to introduce contactless payment onto a Panasonic tablet.
Not yet out there but embeds payment capability in Panasonic’s Toughpad tablets.
And Diebold is also in the same environment with a new mobile-enabled self-checkout concept. http://tinyurl.com/zkmwjd9
Adyen processed $50bn in transaction volume in 2015 and saw revenue grow by 100 %+ to $350m. http://tinyurl.com/glfmhzo
Raphaels Bank is to join FPS during 2016. http://tinyurl.com/h5ratgt
Caixa is launching imaginBank in Spain. http://tinyurl.com/jb9jn8c
The mobile-only offer comes with a complete range of commission-free products and services, including current accounts, debit cards, consumer loans, personal finance management tools and the latest functionality in mobile and P2P payments. The service runs entirely on apps.
A new draft bill in Russia would effectively ban the use of digital currencies domestically. http://tinyurl.com/j8kd3t9
Earthport has announced the launch of its Distributed Ledger Hub (DLH). http://tinyurl.com/jf4xkvc
Earthport’s Distributed Ledger Gateway will provide full connectivity into Ripple and will give access to the full benefits of Distributed Ledger Technology through a single API.
Users gain access by scanning their debit card, with cameras and ‘smart shelves’ tracking purchases and automatic payment on exit. Similar to Amazon Go but does not require an app.