Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Newcastle agree £70m payment plan as Anthony Gordon faces new role at Barcelona
Newcastle United have agreed to let Barcelona spread the cost of signing Anthony Gordon over the duration of his contract at the Nou Camp. Which means Barcelona will settle the initial £70m fee in instalments between now and 2031. The Spanish…
More monthly auto loan payments are above $1,000, and most are not for luxury models
Experian Automotive's analysis of more than 5 million open auto loans and leases in the first quarter shows nearly 19% of new vehicle loans include a monthly payment of at least $1,000. Almost 74% of the auto loans requiring owners to pay $1,000 or…
Newsom wants California to impose 100% tax on payments from Trump's 'slush fund'
California Governor Gavin Newsom said Wednesday he wants the state to impose a 100 percent tax on any resident who receives monetary relief through the Justice Department's $1.8 billion “Anti-Weaponization Fund.” Newsom, a Democrat…
Australia politics live: Labor spruiks plan for automatic $3,000 compensation payment to scam victims
The employment minister, Amanda Rishworth, has said she is concerned there is “varying quality” among the providers meant to help welfare recipients find work but defended keeping private companies in the system. Rishworth was…
In a tourist-friendly move, China's Tencent to allow PayPal payments through its WeChat networks
PayPal users will be able to make cashless payments in China using QR codes through Tencent 's WeChat Pay's extensive merchant network, the Chinese technology giant says, in a move calibrated to attract more foreign tourists. Apart from social…
Higher prices push car payments up
Average monthly car payments in Arkansas are now $750 for new cars and $565 for used cars, according to new data from car research site Edmunds. Why it matters: It's getting increasingly financially straining to own and maintain a vehicle…
In a tourist-friendly move, China's Tencent to allow PayPal payments through its WeChat networks
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BIS Project Agorá Shows Tokenized Payments Cut Settlement Risk
The Bank for International Settlements (BIS) released a report Wednesday on Project Agorá, an experimental prototype for cross-border wholesale payment. The BIS said the report shows how seven central banks and more than 40 regulated…
Payments Modernization Now Runs on Partnerships
For all the discussion surrounding modernization in payments, the industry still depends on infrastructure built long before real-time commerce, embedded finance and API-driven integrations became standard expectations. And the question continues…
Make payments with a reverse mortgage?
Most homeowners who obtain a reverse mortgage do it for one primary reason: to eliminate the required monthly principal and interest mortgage payment. And that makes perfect sense. For retirees living on a fixed income, removing a large monthly…
Four groups of PIP claimants most-likely to get ongoing payment award of £778
The latest Personal Independence Payment (PIP) statistics show that at the end of January there were over 3.9million claimants entitled to the disability benefit in England and Wales. The data, published by the Department for Work and Pensions…
Crypto-Linked Payment Card Volume Surges 230% Since May 2025
Monthly payment volume on crypto-linked debit and credit cards is up about 230% over last year, amid a proliferation of crypto-related payment products. Cumulative volume on crypto-linked payment cards reached $7.8 billion this month, according to…
Don't fall for it: Scammers impersonating police demanding jury duty payment
Crime Phone fraudsters are now impersonating Shelby police officers to steal money from unsuspecting residents. SHELBY, N.C. — The Shelby Police Department is warning residents about a phone scam in which callers are impersonating a police…
SENSE & SENSITIVITY: Husband Gambles Away Down Payment on Sports
DEAR HARRIETTE: My husband and I have been saving for a house, but I figured out last week that he is addicted to sports betting and that a lot of our savings has been feeding his addiction. I was completely blindsided by this discovery; I…
SEBI third-party payment proposal for mutual funds explained for investors
Your mutual fund investments currently have to be paid for from your own bank account. SEBI is now considering a relaxation to this rule. In a consultation paper issued on May 20, the regulator has proposed allowing third-party payments in specific…
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