Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Winter Fuel Payment and Warm Home Discount warning as thousands lose money
83% of Brits have received a scam text, email or phone call so far this year - with 71% saying they're harder to spot due to AI. Research by Smart Energy GB revealed more than four-fifths of people have been targeted this year alone, receiving an…
Budget 2027: Child support payment rise and disability payment announcement
A new cost of disability payment of €500 has been announced in Budget 2027. This is on top of a €10 increase to all core social welfare payments, Public Expenditure Minister Jack Chambers said. The new cost of disability payment will…
EU Plans to Limit Ukraine Farm Payments to Ease Membership Angst
The European Union wants to restrict money and market access for Ukraine's vast agriculture sector if the country joins the bloc — an attempt to appease concerns about Kyiv's membership bid. “The structure and the size of agriculture…
Car buyers are stretching loans to afford payments - it's a 'potential warning light,' analyst says
More than a quarter of new-car buyers who financed their purchase in the third quarter took out loans of 84 months or longer, according to car-shopping website Edmunds. Despite stretching out their loans, buyers faced a record-high average monthly…
Automatic £62 payments confirmed for UK households this winter
£62 Winter Heating Payments will automatically rollout to eligible Scottish households from December Automatic payments of £62 have been confirmed for eligible UK households this winter. The £62 is a Winter Heating Payment which…
Why growing trust in digital payments may be leaving Indians more exposed to cybercrime
At a roadside tea stall, the QR code neatly taped on the can of biscuits now does more work than the cash box. A scan, a password, and a reassuring beep. No change to count, no note to fumble. In a country where your vegetable vendor, the auto…
Households can get one-off £516.50 payments - applications still open
Three eligibility criteria apply (stock image) Some households in Jersey may be eligible for a cash boost of more than £500 to help with cost-of-living pressures. The Community Costs Bonus (CCB) is an annual payment to provide cost-of-living…
Wise adds flexible eSIM data plans and cross-border QR payments
NEW YORK, Oct. 6, 2026 /CNW/ -- Ahead of the peak year-end travel season, Wise, the global technology company building the best way to move and manage the world's money, has launched a direct fix for 'arrival anxiety' - the universal moment of…
DWP confirms full list of 45 eye conditions that qualify for £114 weekly payment
The Department for Work and Pensions (DWP) has confirmed the full list of 45 eye conditions that qualify claimants for £114 weekly payments of Personal Independence Payment (PIP). There are a total of 61,778 PIP claims for the various eye…
Full list of key differences between Adult Disability Payment and PIP
Adult Disability Payment (ADP) has replaced Personal Independence Payment (PIP) for all new and existing claimants in Scotland, but the two benefits are not identical. While the payment structures are the same, the biggest differences are in how…
Basic DWP state pension benefit claimants in line for new £192 weekly payment
State pensioners are set to receive an extra £7.20 per week from next April, owing to the triple lock guarantee. The triple lock ensures that Department for Work and Pensions (DWP) State Pension rates rise in line with the highest of three…
DWP state pensioners who are older handed £1,661.76 payments every four weeks
Older state pensioners receive lower weekly payments from the DWP than their younger counterparts on the new state pension — though certain legacy schemes could see their payouts exceed those received by younger pensioners. The old state…
OKX Money app pairs 10% USDG rewards with fee-free global card payments
OKX launched a consumer app that lets eligible users convert more than 50 local currencies into USDG, USDC or USDT, transfer stablecoins and spend through a virtual or physical card. OKX Money offers qualifying customers up to 10 percent annual…
HMRC deductions for two Winter Fuel Payments could overlap for some pensioners
Some pensioners could find themselves paying back two Winter Fuel Payments at the same time under changes to the way HM Revenue and Customs (HMRC) recovers the support from higher-income households. People with total annual income above…
UPI payment companies look beyond MDR to merchant services
India's payment companies are looking beyond UPI transactions to build broader merchant-service businesses as merchant discount rate (MDR) creates a new, albeit limited, revenue stream from select transactions. The new MDR applies to…
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