Payments News

Klarna now available for plentymarkets stores

Klarna

Remember the days when if you wanted to buy something on a mobile you had to tap in all of your name, email, address and credit card details? Thankfully on sites like eBay with PayPal and on Amazon those day’s are long gone as they remember your credentials. What about your website though, especially for […]

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Barclays to accept Apple Pay by April

Apple Pay

It seems like Barclays will soon be offering Apple Pay to users before May, according to reports. The Barclays promise was to accept the contactless system early in 2016 and there’s no clear reason as to why they have been been dragging their heels despite customer annoyance. Barclays CEO Ashok Vaswani says that they will […]

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Amazon say “Not likely” to accepting PayPal

eBay PayPal Split sm

One of the big advantages PayPal was supposed to gain by spinning off from eBay was that the service would be more attractive to other businesses. Obviously the biggest coup would be to appear on Amazon. That’s not likely to happen according to a report by CNET who quote Amazon Payments VP Patrick Gauthier as […]

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PayPal glitch fails to record small number of eBay sales

PayPal Bug Bounty

We’ve been contacted by Susan, an eBay seller who tells us of a glitch where sales are showing up in PayPal but not on eBay. Susan only became aware of the issue when she received a PayPal notification email but noticed that there was no corresponding sale for that item on eBay. eBay tell us […]

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Bank of England: No rush to raise interest rates

Bank

Yesterday’s speech makes it clear that Bank of England Governor in no rush to join Fed in raising rates, good news many will think who borrow, but perhaps not so good for lenders. Jeremy Cook, chief economist at the international payments company, World First was kind enough to put some flavour around the statement: Sterling […]

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Contactless payments integrated into Tablets

Panasonic Toughbook CF-20 Tablet Mode

Ingenico Group have introduced contactless payment with a Panasonic tablet. This represents a major step in the partnership between Intel and Ingenico Group, initiated in March 2015 and aimed at integrating Intel’s technology and Ingenico Group’s secure payment solutions into connected objects. The solution jointly developed by Ingenico Group, Intel and Panasonic will be demonstrated […]

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PayPal Here for London’s Black Cabs

PayPal Black Cab

If you jump into a Black Cab in London, you’re increasingly likely to be offered the option to pay with PayPal. You won’t even need a PayPal account, PayPal Here has been approved as a payment method by Transport for London (TfL). TfL’s has mandated that card payment facilities will be available in all London […]

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3 Resignations and a new HMRC boss to be appointed

HMRC VAT Chinese sm

Three high profile resignations occurred today, Labour’s Catherine McKinnell quits shadow cabinet citing concerns over Labour’s direction, Sir Philip Dilley stepped down as Environment Agency chairman after criticism for not returning from holiday in Barbados during the recent floods and Lin Homer announced that she will quit as the head of HM Revenue and Customs […]

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PayPal adds US cross border fee for Canadian sellers

PayPal new logo

PayPal seem to be making some tentative steps globally in changing the fees they charge for their service. Firstly, UK traders taking more than £55k via PayPal will have to get in contact PayPal to get the more competitive Merchant Fees. Now it sees that Canadian sellers trading with the US will be impacted by […]

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Changes to PayPal’s Merchant Rate Fees

PayPal Merchant Rates feat

This week, it could well be worth taking a few moments to consider whether you’re getting the best Merchant Rates from PayPal for processing your payments. Especially if you’re taking more than £50k a month through PayPal. As you may be aware, if you’re taking more than £1500 a month through PayPal, you should be […]

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