Payments Industry News

A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

mirror.co.uk - Elaine Blackburne - HMRC urgent £300 Winter Fuel Payment alert to 2.2m pensioners
HMRC urgent £300 Winter Fuel Payment alert to 2.2m pensioners
Daily Mirror

Tax officials have issued an urgent alert to more than two million pensioners as Winter Fuel Payments go live in the UK. Claims for the benefit of up to £300 can be made from Monday, September 21, as the qualifying week which determines who…

mirror.co.uk - Ben Hurst - Alert as 6 groups won't get Fuel Payment over qualifying week rule
Alert as 6 groups won't get Fuel Payment over qualifying week rule
Daily Mirror

People hoping to get a boost of up to £300 this winter have been told of the rules as ‘qualifying week' starts - which will decide if people get any money. The Winter Fuel Payment will be crucial this year as residents face soaring…

bloomberg.com - Mark Schroers - ECB Launches Key Link Between Blockchain and Euro Payment System
ECB Launches Key Link Between Blockchain and Euro Payment System
Bloomberg

The European Central Bank on Monday began letting banks settle tokenized wholesale transactions in central-bank money, while continuing efforts to develop a digital euro for consumers by the end of the decade. The so-called Pontes project links…

rediff.com - Text Feed - Rajiv Kumar Advocates Continued Zero-Fee UPI To Boost Digital Payments
Rajiv Kumar Advocates Continued Zero-Fee UPI To Boost Digital Payments
Rediff.com

Former NITI Aayog vice-chairman Rajiv Kumar strongly recommends that the Indian government maintain its zero-fee policy for UPI transactions, highlighting its crucial role in fostering digital payments and economic growth. Former NITI Aayog…

royalgazette.com - Claire Shefchik - Circle expands payment network with Tazapay deal
Circle expands payment network with Tazapay deal
The Royal Gazette

54a9af5a-7a55-4e29-89c9-90b4517be86d Key acquisition: Jeremy Allaire, CEO of Circle (File photograph) Circle, the issuer of the United States Dollar Coin and parent of a Bermudian-licensed digital asset business, has agreed to acquire Tazapay in a…

coindesk.com - Olivier Acuna - ECB launches Pontes to bridge tokenized asset markets with Eurosystem payment infrastructure
ECB launches Pontes to bridge tokenized asset markets with Eurosystem payment infrastructure
CoinDesk

The European Central Bank launched Pontes, a platform that lets eligible financial institutions settle tokenized-asset transactions in central-bank money. Pontes connects distributed-ledger platforms to the Eurosystem's TARGET Services, offering an…

asiatimes.com - Rabiul Misa - ASEAN's digital payment boom outrunning its scam defenses
ASEAN's digital payment boom outrunning its scam defenses
Asia Times

Southeast Asia's rapid economic integration has long been a celebrated success story, and nowhere is this more evident today than in its retail payment systems. Across the region, central banks are linking their national QR code protocols under the…

liverpoolecho.co.uk - Ben Hurst, Ben Hurst - Winter Fuel Payment qualifying week starts as 6 groups excluded
Winter Fuel Payment qualifying week starts as 6 groups excluded
Liverpool Echo

People hoping to receive a boost of up to £300 this winter have been informed of the rules as the crucial 'qualifying week' gets underway — a period that will determine whether individuals receive any money at all. The Winter Fuel…

liverpoolecho.co.uk - Richard Guttridge, Olivia Williams, Maddy Baillie - DWP PIP payments expected to rise under Andy Burnham
DWP PIP payments expected to rise under Andy Burnham
Liverpool Echo

Millions of households receiving Personal Independence Payment (PIP) are set to see their payments rise from next spring. The news comes following the publication of September's inflation figures, which traditionally determine the annual uprating…

express.co.uk - Claire Schofield - Automatic £316.70 payments confirmed for state pensioners from November
Automatic £316.70 payments confirmed for state pensioners from November
Daily Express

Pension Age Winter Heating Payments will be paid to eligible pensioners in Scotland from November Automatic payments of up to £316.70 have been confirmed for eligible state pensioners from November. The £316.70 is a Pension Age Winter…

dailyrecord.co.uk - Linda Howard - DWP confirms average New State Pension payment is now £216 a week
DWP confirms average New State Pension payment is now £216 a week
Daily Record

Millions of people are now receiving the New State Pension as the number of pensioners on the newer system continues to increase. New Department for Work and Pensions (DWP) figures show 5.4 million people were receiving the New State Pension in…

dailyrecord.co.uk - Linda Howard - Pensioners urged to check winter heating payment rules as qualifying week begins
Pensioners urged to check winter heating payment rules as qualifying week begins
Daily Record

Pensioners across the UK are being urged to check the rules for winter heating support as the crucial qualifying week for this year's payments begins. People in Scotland could receive between £105.55 and £316.70 through Pension Age…

express.co.uk - Holly Kintuka - State pensioners can boost payments by £358 - check 4 things
State pensioners can boost payments by £358 - check 4 things
Daily Express

Pensioners should check four things to see if they are entitled to the £358 payments State Pensioners could increase their annual payments by £358.50 for each additional qualifying year added to their National Insurance record…

dailyrecord.co.uk - Linda Howard - People on highest PIP or ADP could see monthly payments rise to £802 from April
People on highest PIP or ADP could see monthly payments rise to £802 from April
Daily Record

The latest figures from the Department for Work and Pensions (DWP) show there are now 4.1 million people in receipt of Personal Independence Payment. Similar data from Social Security Scotland suggest there are over 510,000 people north or the…

walesonline.co.uk - Elaine Blackburne - HMRC message to 2.2m pensioners as claims for £300 payments open
HMRC message to 2.2m pensioners as claims for £300 payments open
Wales Online

Millions of pensioners are set to receive help with paying for their energy costs over the cold winter months. Applications for Winter Fuel Payments open on Monday, September 21, which is also the qualifying week which sets out who can receive the…

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