Lightspeed + SEOshop
Lightspeed POS has acquired Amsterdam-based eCommerce software company SEOshop. As part of the acquisition, Lightspeed is launching Lightspeed eCom, its new eCommerce platform in the UK.
Payment Ninjas
The U.K.’s MBNA kicked off a new brand advertising campaign tp celebrate the backroom boffins who take enormous pride in being good with customers’ money.
Allstar Card & OT
Allstar, UK’s leading fuel card provider, has picked Rrance-based Oberthur Technologies (OT), a world leader in digital security solutions for the mobility space, to support the migration of their fuel cards from magnetic stripe to EMV chip cards.
Worldpay Insights Services
Worldpay has unveiled Insights Services its big-data analytics proposition, harnessing the power of Worldpay’s payments information enabling retailers to better understand aggregated consumer spend and preferences, both online and in-store.
Worldpay
CardWeb.com’s CardData database of Company Profiles today features Worldpay.
Mobile Wallets Forecasts
The number of mobile wallets using contactless technology is expected to reach 200 million by the end of 2016, representing growth of more than 100% from the end of 2014.
TSYS & Metro Bank
TSYS has inked an agreement to process Metro Bank’s credit and debit card portfolios on TSYS’ TS2® processing platform, as well as provide Metro Bank fraud management services through TSYS Managed Services EMEA.
SEQR UK
Seamless’ mobile payment service SEQR, which this spring has become established as one of Europe’s leading mobile payment solutions, is continuing its rapid roll-out into new markets. Having been introduced in a number of European countries in the spring, a couple of weeks ago the service was launched in the US and now it’s the UK’s turn.
UK Consumer Payments
For the first time UK ‘non-cash’ payments have exceeded those made with cash, reflecting the steady trend to use automated payment methods and debit cards rather than pay by notes and coins. However, cash remains the most popular payment method by volume, followed by the debit card, which accounted for 24% of all payments last year.
OPAY & Boku
The UK’s Optimal Payments (OPAY) has hooked up with San Francisco-based Boku technology. This will be offered through the NETELLER service: a fast, simple, secure platform for businesses and individuals to move money online. NETELLER customers can now top-up their stored value accounts by charging the purchase amount for goods and services directly to their mobile phone bill.
Sainsbury’s & WU
The UK’s first supermarket bank has formed a new relationship with Western Union. The agreement also includes making Western Union’s consumer-to-consumer (C2C) money transfer services available in future Sainsbury’s Travel Money bureaux.
Consumer Confidence
Global discretionary spending intentions declined or remained steady in the first quarter across all lifestyle categories. While confidence across global regions remained relatively stable in the first quarter, there is considerable variation across different markets.