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 Best Mobile Payment Apps for 2025
Deeper Dive: Our Top Tested Picks Quick and easy NFC payment system Anonymous single-use token system keeps credit card data secure Manages gift cards, movie tickets, boarding passes, and more Credit card option Only works with Apple devices Paying…
Payments Council of India seeks merchant discount rate for RuPay cards, UPI payment
The Payments Council of India (PCI), an industry body representing 180 members, has proposed the introduction of a Merchant Discount Rate (MDR) for RuPay debit cards for all merchants and reasonable MDR of 0.3 per cent for Unified Payments…
Tobacco companies give €250,000 in first street-cleaning payment
Tobacco companies have contributed a quarter of a million euros towards street cleaning under new laws, a fraction of overall annual cost despite cigarette butts comprising a big proportion of street waste. The litter tax stems from European single…
DWP Universal Credit payments to increase in April 2025
Universal Credit is a payment to help with your living costs. You may be able to get it if you're on a low income, out of work or you cannot work. The government are currently in the process of replacing six other benefits with Universal Credit. As…
Backlash as monthly social welfare payment for Irish homes set to be cut by €200
Households across Ireland are set to face a €200 reduction in a key social welfare payment, as the Government moves to cut the Accommodation Recognition Payment (ARP). The ARP is a tax-free support given to homeowners providing accommodation…
Why Bitcoin is Becoming the Preferred Payment Method for iGaming
We are witnessing the revolution of cryptocurrency right before our eyes. From the 2014 Bitcoin boom to now making purchases, deposits, and withdrawals on various online platforms. One industry in particular that has been taking advantage of the…
VA declared San Diego veteran dead, cut off disability payments
Sky Lowe was in a fight for his life. Though not in the way you're probably thinking. The 25-year-old U.S. Navy veteran received a letter from the Department of Veterans Affairs last October declaring him dead. “I remember just being super…
Nationwide seven day warning as £175 payment to be axed
Customers of Nationwide have only days left to claim a £175 payment, which is due to be axed. The incentive offers a boost to people switching their current accounts, with a generous cash reward for those moving to the building society's…
The DWP's 13 daily health problems eligible for £812 a month PIP benefits payments
The DWP has a list of 13 daily issues to make you eligible for PIP benefits It could all work very differently in future after the Government announced wholesale planned changes to the UK's welfare system, after a consultation was launched to…
MN student loan borrower sees skyrocketing payments amid changes to income-driven repayment plans
MINNESOTA, USA — When Yeti Yetman decided to attend college, he said he thought he was setting himself up for success. 'I tried to save money,' he said. 'I went to community college first.' Yetman attended business and psychology classes at…
Six Flags Over Texas ends cash payments, requires chaperones for guests under 15
As summer approaches, Six Flags Over Texas says it will no longer accept cash and requires chaperones for guests 15 years of age and younger. The park said tickets, restaurants, retail stores, and parking toll booths will only accept card payments…
People Can Now Use Klarna For Their DoorDash Orders - 'If You Have A Payment Plan For A McFlurry, You've Lost The Plot'
If you needed yet another indicator that the American economy is not doing so great, to say the least, look no further than the news that food delivery app DoorDash will now accept Buy Now, Pay Later, or BNPL payment plans. The announcement has…
Teitoevry teams with Tapeeze on customisable payment cards
Tietoevry Banking, a market-leading provider of financial SaaS solutions for the Nordics and beyond, today announced a strategic partnership with Tapeeze, a Swedish fintech that brings the power and flexibility of digital wallets and tokenization…
Intergiro and Movitz team on advanced payment verification
As financial fraud reaches alarming levels across Europe—with fraudulent transactions totalling €4.3 billion in 2022 and €2.0 billion in the first half of 2023—businesses face increasingly sophisticated scams involving…
Payments body PCI urges PMO to levy MDR on UPI, RuPay debit cards
The Payments Council of India (PCI), a representative body of digital payments players in India, has approached the Prime Minister's Office (PMO) to implement a merchant discount rate (MDR) on transactions made through Unified Payments Interface…
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