Close to half of all transactions expected to contactless by end of 2022
A report by VoucherCodes has found 47% of all transactions are expected to be contactless by the end of 2022.
Could Christmas be the death knell for credit card payments?
A recent report by Klarna has found that one in two UK consumers are planning to discard their credit card entirely for Christmas shopping this year.
Fingerprints and Mswipe for biometric payment solutions in India
Biometrics company Fingerprints has partnered with Mswipe, an India-based end-to-end digital enabler for SMEs, to bring a contactless biometric payment card to India.
Digital payment platform Kasheesh welcomes star-studded funding round
Kasheesh, which claims to be a first-to-market digital payment platform, has increased its total capital raised to $8.5m, with backing from high-profile investors.
Veem expands real-time payments capabilities
Veem, a leading provider of global accounts payable and receivable solutions for businesses, has expanded its real-time payment capabilities, by releasing of virtual cards for small businesses in the U.S.
iZettle recieves €30m debt funding from European Investment Bank
Sweden-based payment solutions platform iZettle has received a €30m debt funding deal from the European Investment Bank.
Mobile POS system Thyngs moves past crowdfunding target
Mobile POS platform Thyngs has surpassed its crowdfunding target, having raised up to ?311,240 so far.
Toast raises $115m in Series D, valuing the company at $1.4bn
Restaurant management platform Toast has raised $115m in its Series D funding round, valuing the company at $1.4bn.
OODA Health collects $40.5m Series A led by Oak HC/FT, DFJ
OODA Health, a healthcare payments company, has collected $40.5m in its Series A round led by Oak HC/FT and DFJ.
Mastercard, Edenred launch biometric card pilot in Mexico
Mastercard has formed a partnership with payment solutions and card issuing company Edenred to launch a test pilot of biometric cards in Mexico.