Tag: credit cards

Last year, the value of contactless payments rose almost 50 percent, says Barclay’s

John Montgallo
Contactless payments - Barclays POS contactless Payments

Users made an average of 220 tap-based transactions last year, totaling £3,327 per consumer. Last year, contactless payments spiked by 49.7 percent based on their total value as people throughout the United Kingdom headed back in-store equipped with tap-and-go technology. The £100 transaction limit appeared to work well for consumers as they shopped in person again. This data was released in a report from Barclays, which transacts almost half the debit and credit card spending across the United Kingdom. It went on to show that a record 91.2 percent of…

Read More

A World Without (Paper) Money

Guest Post
Mobile Payments

When was the last time you paid for anything with a check? For that matter, when was the last time you paid for anything with cash? Today debit and credit cards are accepted almost everywhere. Even places that have been famous for only accepting physical currency (like Laundromats) now use a card based payment system. Even vending machines are starting to accept cards now. So what does that mean for physical currency? Is it really on its way out or does it just feel that way? Let’s start with what…

Read More

New spam regulations for SMS in India to become effective on September 27

Jennifer Goula
SMS Mobile Marketing

According to a Telecom Regulator TRI notice, India’s new SMS spam regulations will go into effect on September 27, 2011. This comes on the heels of an announcement made by that nation’s Telecom minister, Kapil Sibal, which was made last month regarding SMS spam. It is the hope that through the new regulation, unsolicited bulk SMS providers will no longer be able to send these incessant mobile marketing messages. In August, Sibal had promised that this practice would come to a halt within six weeks, and this recent announcement shows…

Read More