Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
DWP confirms exact birth date to £300 Winter Fuel Payment in 2026
A vital cut-off date has been announced for claiming £300 from the Department for Work and Pensions this year. Winter Fuel Payments are tax-free annual lump sums issued by the UK government to help older people cover their heating costs…
Nationwide message to customers over changes to payments
Nationwide Building Society has issued a statement about a change to the payment setting in the group's app. The new policy applies to all iOS and Android app users. The service change came to light after a customer contacted the group over social…
Casino payment methods: A complete guide to the best casino payment methods
Casinos are constantly battling for customers as the online gambling industry continues to grow in the UK, and offering a range of casino payment methods is a surefire way for a casino to stand out. Online casino payment methods are simply options…
Global Payments Inc. stock outperforms competitors on strong trading day
Shares of Global Payments Inc. GPN rallied 1.31% to $93.49 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.43% to 7,674.37 and the Dow Jones Industrial Average DJIA…
Late Payments Turn SME Working Capital Into Free Customer Financing
Andreas Schweitzer, Founder & Managing Director of the Artis Trade Invest concept invest in collateralised trades. When a small business gives a customer 60 days to pay, it makes a capital allocation decision, whether it realizes it or not. The…
Walmart to Offer Apple Pay in Push for Contactless Payments
After a long holdout, Walmart Inc. is finally getting Apple Pay. The world's largest retailer said Friday that it's rolling out contactless payments, including Apple Pay, across all of its stores by the end of the year. It's part of a push to make…
Apple Discloses Tax Payments in Europe for the First Time
For the first time, Apple is disclosing how much profit and taxes it generates in the European Union. (File photo) Under new European Union transparency regulations, Apple has disclosed for the first time how much profit and in what amount of taxes…
TikTok Settles Investigation with $400 Million Payment
The U.S. government accused TikTok of illegally collecting data from children. Following a change in ownership of the U.S. business and a payment of several hundred million dollars, the investigation has been closed. (File photo) The short-form…
There's Down Payment Money You Never Applied For
There are thousands of down payment assistance programs across the United States, run by state housing agencies, counties, cities, employers and non-profits. Most buyers who qualify for one never apply, usually because nobody told them it existed…
Indian payments firms raised $5.8 bn in last five years
India's payments sector has raised $5.8 billion across 371 equity funding rounds since January 2021, while producing eight initial public offerings (IPOs) and triggering 25 acquisitions, as the industry increasingly consolidates around a handful of…
India eases rules for rupee export payments, boosting international trade and reducing dollar reliance
India has taken a significant step towards rupee internationalisation by easing rules for exporters to receive payments in Indian currency, a move designed to boost international trade and reduce reliance on the US dollar. India has amended its…
Lala Triggers Nation's First Coral Insurance Payment
Hurricane Lala has triggered the first payment from a novel coral reef insurance policy created by The Nature Conservancy. In 2022, the organization worked with the German company Munich Re to create a policy — the first of its kind in the…
DWP sending one-off bonus payments to state pensioners under Andy Burnham
Those eligible for the Christmas Bonus will receive it from the DWP automatically The Department for Work and Pensions (DWP) will be sending a one-off bonus payment to state pensioners this winter under Andy Burnham's government. The bonus is a…
Experts warn expired credit cards can be brought back from the dead to make contactless payments
Researchers show how an expired contactless card can still complete a real purchase because the expiry date the terminal reads is not covered by its signature The attack needs physical possession of the discarded card and two ordinary smartphones…
DWP confirms full list of 533 conditions that qualify for £748 monthly payments
The Department for Work and Pensions (DWP) has confirmed the full list of all 533 conditions that qualify for monthly payments worth up to £748. Personal Independence Payment (PIP) is a disability benefit paid to support those who need help…
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