Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
The Agent Payments Industry Is Selling Its Biggest Flaw As A Feature
Tomer Warschauer Nuni is a serial entrepreneur, angel investor and a strategic advisor with 26 years of digital entrepreneurial experience. Last month, I wrote here that AI agents had joined the payroll without anyone interviewing them. The…
Merchants Don't Need To Pick A Winner In The New Payments Rail Race
Dimitri Akhrin, BAMS eCommerce Merchant Processing, advises businesses on merchant account trends and negotiating with banks from strength. Open any payments trade publication this year and the same story surfaces: a rail arms race. In June, Open…
Why cash continues to thrive even as India's digital payments grow
Every year, more Indians tap, scan and swipe. Every year they also hoard more paper. The Reserve Bank of India (RBI) - the country's central bank - now has 176 billion banknotes in circulation. It's printing 28-30 billion fresh ones across six…
Social Security latest: payment of up to $5,181 arriving this week
Millions of Americans are due to receive their latest Social Security payment this week, with checks of up to $5,181 scheduled to go out on Wednesday. Around 75 million Americans receive Social Security or Supplemental Security Income (SSI)…
Kazakhstan to launch QR payments with China, expanding yuan's reach in retail
Kazakhstan plans to launch QR-code payments with China by the end of 2026 – a move that analysts say could expand the yuan's use beyond trade and investment into everyday transactions while offering a “gentle yet substantive”…
What are the monthly payments on a $250,000 home equity loan if opened this September?
With approximately $11 trillion in home equity that's considered borrowable, according to a report released earlier this year, homeowners in need of extra financing this September may increasingly find themselves turning to home equity loans as a…
Government bars fees on UPI payments up to Rs 2,000, RuPay debit card payments
The Ministry of Finance on Monday notified that banks and system providers cannot levy charges on UPI transactions of up to Rs 2,000 and RuPay debit card payments. “No bank or system provider shall impose, whether directly or indirectly, any…
BRICS Declaration Omits India's Payment System Interoperability Proposal
Despite India's significant push for the interoperability of BRICS payment systems and central-bank digital currencies during its chairmanship, the recent New Delhi Declaration notably omitted any firm commitment, leaving the long-standing goal of…
Car ownership costs an average of $5,851 a year on top of auto loan payments, analysis finds
The cost of auto insurance has jumped 50% since 2019, according to the Bureau of Labor Statistics. Gas prices are 55% higher than in 2019, according to AAA data. Maintenance and repair costs in 2025 were about 23.5% above where they were six years…
HMRC to stop sending £1,406 payments to UK bank accounts from September
Child Benefit payments for some families will stop this month if they failed to update their claim by the end of August, according to HMRC. Parents of 16 to 19-year-olds were given until August 31 to tell HM Revenue and Customs (HMRC) whether their…
HMRC confirms removal of winter fuel payment with tax code change
HMRC is sending new tax codes to state pensioners HMRC will send new tax codes out to state pensioners in order to take their winter fuel payment back if they broke the earnings threshold this winter. Following changes made to the previous…
DWP warns 'you can't do it yourself' in £300 Winter Fuel Payment deadline
Millions of people qualify for the help Millions of households are bracing themselves for further increases to their heating bills as the energy price cap climbs once more. From October 1 through to December 31, the price cap will stand at…
State pensioners born before certain date can get £316.70 payments - 3 conditions
Illustrative image of an older couple using a laptop and reading together. State Pensioners in Scotland born before a certain date can get an automatic £316.70 payment from Social Security Scotland. The Pension Age Winter Heating Payment…
DWP issues Winter Fuel Payment deadline reminder for pensioners
The Department for Work and Pensions (DWP) has issued a new reminder to pensioners who may want to opt out of receiving this year's Winter Fuel Payment. Older people with annual income over £35,000 will still receive the payment automatically…
HMRC urges millions to check State Pension to see if they can boost payments
HM Revenue and Customs (HMRC) is urging millions of people to check their State Pension forecast to find out how much they could receive in retirement and whether they may be able to boost their future payments. New research published for Pension…
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