Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
State pensioners told 'you are required' over £150 payments
State pensioners have been urged to do an online check. Sadly many thousands of people don't take action, to their financial detriment. Many people on low incomes, of working age and in retirement, miss out on extra DWP support to help towards…
PIP update over DWP 'one-off payments' for claimants
As a major review of the Personal Independence Payment (PIP) system moves into its final stages, experts have discussed moving to a model with one-off payments to cover specific needs. Advocates have spoken about the merits and pitfalls of a…
State pensioners set for boosted £250.70 payments
State Pension rates for the new tax year are determined by the triple lock State pensioners across the UK are on course to receive boosted weekly payments of up to £250.70 from next April under Andy Burnham's government. The State Pension is…
HMRC sending tax bills to state pensioners with Winter Fuel Payments
Pensioners with an income over £35,000 will have their Winter Fuel Payment clawed back by HMRC HM Revenue and Customs (HMRC) will be sending tax bills to state pensioners who receive a Winter Fuel Payment this year and exceed an annual income…
Older pensioners weekly payment increase from DWP due next April
Pensioners are on course for a 3.9% boost to their State Pension in 2027 Older state pensioners across the UK are set to receive a weekly payment increase from the Department for Work and Pensions (DWP) from next April. The extra cash boost is set…
State pensioners handed £475 payments as energy bills rocket this winter
Eligible state pensioners can get help with energy bills this winter via three government schemes State pensioners across the UK are being handed up to £475 worth of payments as energy bills rocket this winter. A 4% hike to Ofgem's energy…
Budget 2027: Christmas bonus and social welfare payment timeline confirmed
The dust has finally settled on Budget 2027, and while the announcements sounded great on the day, everyone across Ireland is asking the exact same question: when will we actually receive the money? From tax band adjustments and social welfare…
DWP confirms 5 groups who won't receive Winter Fuel Payment
The DWP has confirmed the five groups of people who are not eligible for the Winter Fuel Payment. The annual, tax-free lump sum is given to people in England and Wales to help cover heating costs during the winter. The payment can vary between…
DWP state pension warning for people under age 55 over their payments
A Department for Work and Pensions (DWP) state pension warning has been issued for people aged 55 and under. This cohort may need to wait longer before claiming their DWP state pension if the Labour Party government opts to accelerate the next…
PIP payments update over moving to 'receipts-based system
As a review of Personal Independence Payments (PIP) reaches its final stages, benefits experts have spoken about potential changes to the payments system. One idea that has been discussed is introducing a 'receipts-based system' where claimants can…
Zimbabwe wants digital payments to build trust in its newest currency. Why technology alone won't be enough to save the ZiG
Zimbabwe's central bank wants people to use the ZiG, a gold-backed local currency launched in April 2024, alongside the US dollar. A proposed real-time payment system based on Indian technology could help make the ZiG easier and cheaper to use. But…
NJ Child Care Costs Rival Mortgage Payments, Families Say
Child care in New Jersey has climbed to the point where monthly bills can rival a mortgage payment, according to parents and providers who testified before state lawmakers this week. The Statehouse hearing in Trenton on Thursday drew child-care…
Kimberly Guilfoyle's Donor Money Drama Explained: Inside Her $100K Credit Card Payment Scandal and Resignation
Article continues below advertisement Kimberly Guilfoyle is caught in a political firestorm over allegations of financial misconduct and other controversies. The former Fox News personality came under scrutiny following a report alleging she asked…
Inside Britain's multi-million car parking industry as PM announces clampdown
A former whistleblower has shared the ways the 'lucrative' car parking industry tries to catch out motorists - and how to beat them. Tony Taylor, 66, once worked as a team leader for the private parking firm UKPC, but has dedicated himself to…
Identity at checkout: why payments must prove more and share less | Biometric Update
By the end of 2026, EU member states are required to make at least one European Digital Identity Wallet available to citizens and residents. Apple and Google already let users create a digital ID that sits in the same app as their payment cards or…
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