Northern England-based Heron Foods will deploy Payment as a Service from Verifone at all of its 248 stores. The platform is certified by the PCI SSC as an approved Point-to-Point Encryption (P2PE) solution.
Brits say pet goldfish, toasters and vacuum cleaners are among the most thoughtless gifts to give and receive. Giving cash as a gift is considered to be thoughtless gift by one in four (28%) Brits.
The average Brit spends over 18 hours a year queuing, with local shops, post offices and supermarkets the worst contributors, and they get bloody mad.
The eMoney payments network, including Greater Manchester Passenger
Transport Executive (GMPTE), Bolton Council, Arriva buses, Parkeon, ACT
and sQuid, has launched the first multi-purse smart card with an ITSO.
The smart card enables card holders to access Council services, use an
eMoney retail purse and ITSO enabled pay-as-you-go bus travel purse.
Adapted by sQuid to work on any ITSO smart card, the card allows
cardholders to pay for bus travel on over 30 Arriva bus routes across
Bolton in addition to accessing Council services and shopping at local
participating stores. Children can pay for their bus journey to school,
entrance to a leisure centre, pay for a snack, take a book out at the
library and then get the bus home without ever needing to carry cash.
Using payment cards for everyday purchases, particularly for transactions under GBP 20, are gaining popularity among Brits. New research from Sainsbury’s reveals that there are some 7.55 million card card users who spend a total of GBP 3.64 billion on their cards every month. The average monthly spend figure for a typical “everyday” credit card user is GBP 483, but some 1.41 million “everyday” card users regularly put GBP 750 or more of their overall monthly expenditure on their credit card. With as many as 12 million (48%) of all credit card holders not earning any rewards from expenditure on their cards(2), the bank estimates that there could be as much as GBP 1.76 billion worth of spend by everyday credit card users that is going unrewarded each month.
A new survey shows that 35% of Brits will use a credit card, 14% will use a store credit card, 5% will use a personal loan with the rest using cash or debit cards to cover the cost of their Christmas spending.
For those using the “buy now, pay later” strategy, the leftover debt from Christmas spending is expected to average about GBP 449. The survey by Halifax reveals that consumers are keeping a firm hold of their purse strings this year with 21% changing their shopping habits to beat the credit crunch and 39% admitting to spending less this Christmas. Consumers are also finding other ways to help avoid the Christmas pinch; of those who admitted to changing their Christmas shopping habits, over half will be taking advantage of pre Christmas sales and a third will be cutting back on the number of presents they buy. Halifax also found that a shopper who pays for presents in cash this Christmas will spend on average GBP 317, but it seems people spending on credit cards are cutting back – on average they will spend GBP 234.
Diners Club International has opened 18 new cardholder club lounges at 14 airport locations in the United Kingdom, bringing the total of Diners Club airport lounges to 123 worldwide. The U.K. airport lounges will be managed and staffed by Servisair, a
leading service provider of aviation ground services, and feature a
range of complimentary snacks, fresh-brewed coffee, tea, and alcoholic
beverages, as well as television, newspapers, and magazines. In
addition, all the U.K. lounges offer telephone and fax services and many
also offer Internet access and business desks.
Fortoak terminal paper supplier has signed agreements with the NCR
Corporation to distribute its 2-sided “RealPOS” printers and custom
designed paper. These products are capable of reducing paper consumption
by over 40% and increase efficiency with less-frequent paper roll
replacement. Moreover, the paper, “NCR 2ST”, allows retailers to customize
coupons and promotions at the point of sale and is a product of
sustainable managed sources which include wood plantations, regulated
forests, recycled saw mill waste and arboreal debris. Fortoak manufactures
and distributes its receipt printer rolls for over 150,000 organizations
with its staff of nearly 100 while the NCR Corporation provides
self-service solutions in various sectors across more than 100 countries.
According to the consumer website, MoneyExpert.com, credit card
issuers have capitalized on late fees by more than GBP50 million over
the past 6 months. Further research shows that, on average, consumers
have missed 694,506 monthly payments over these same 6 months, for
a total of 4.1 million missed payments, 9% of bills have been missed
during this time period, 13% of these consumers are between the ages of
25 and 34 while 11% of Midland/Wales consumers are responsible for
the missed payments. In response to these statistics, the website
organization is encouraging consumers to take immediate action for the
prevention of credit-rating-damage.
Citi Cards has teamed with easyJet Airlines to launch the “easyJet MasterCard”, complete with the “easyJet 1-2-3” rewards program. The rewards program allows users to earn “easyJet Miles” on all purchases made using the card at a rate of 1 mile per GBP 1 spent. Travelers can take free flights earned with the credit card from any easyJet U.K. airport to various destinations throughout Europe and Northern Africa. Additional features include an interest-free period of up to 56 days, a free additional card, no annual fee, “easyJet Card” Alerts and a typical 16.9% APR (variable) on purchases. easyJet flys to 89 destinations on 360 routes throughout Europe and Northern Africa.
Heathrow’s second largest airline has teamed with MBNA Europe to launch two new American Express cards. The “bmi American Express” card offers 1.5 destinations miles for every GBP 1 spent on the card, while the “bmi plus American Express” card offers 2.0 destinations miles for every GBP 1 spent on the card. The standard card also offers 20,000 bonus destinations miles when cardholders spend GBP 250 on their card within 90 days of account opening and the premium card offers 24,000
bonus destinations miles when they spend GBP 250 on their card within 90
days of account opening. The “bmi American Express” card has no annual fee, but the “bmi plus American Express” card carries a GBP 60 annual fee. The standard card interest rate is a variable 15.9% and the premium card carries a 17.9% variable APR. Additionally, if cardholders use the card to book flights through flybmi.com they will receive double destinations miles for every GBP 1 spent and the credit card booking fee will be waived by bmi. bmi operates 1,800 flights a week in Europe.
Based on a survey conducted by the housing charity Shelter, 7.5%
of those between the age 18 and 24 have been forced to use credit
cards to pay mortgage or rent over the past 12 months. According
to experts at the company, the credit crunch, interest rate hikes and
un-affordable housing, combined with irresponsible mortgage lending
and credit profiling are the reasons for this trend, which was mostly
felt in the West Midlands and Wales regions. In these regions, 9%
of homeowners and renters have been forced to make the respective
payments on credit.