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Tag archive: psp

The omni-channel challenge in retail payments

From offline to online and from the home country to beyond borders; retail has made a huge leap into a digital world. Fewer consumers walk into a store and pay with coins, instead they prefer to use a debit card or credit card. Approximately 15 per cent of retail payments nowadays are initiated online and […]

Non-cash transactions are growing with no end in sight

Around the world non-cash payment transactions are popular and becoming more popular by the months. In fact, according to the 10th World Payments Report (figures from 2013) from Capgemini and the Royal Bank of Scotland non-cash payments volumes are growing and expected to increase by nearly 10% to reach 366 billion transactions in 2013. This […]

Waivers to smoothen SEPA migration

The end date is in sight, Single Euro Payments Area (SEPA) will become reality on February 1st 2014. Every country in the SEPA zone has to be ready by then, because the introduction won’t be postponed. Some national banks have indicated that they need more time to implement some parts of SEPA. However, the SEPA […]

The second migration report reveals disturbing SEPA migration statistics

Compared to the situation described in the first SEPA migration report, there is now a greater and faster migration from legacy credit transfers to SEPA Credit Transfers (SCTs) in most countries. This is one finding of the second SEPA migration report that has been published by the European Central Bank (ECB). On the flipside, the […]