Payments News

The news channel to help you in handling your money more securely when conducting business on online marketplaces
By Dan Wilson November 17, 2017 - 7:39 am

PayPal Canada ordered to reveal payments data to the Canadian tax authorities

PayPal Canada has been ordered by the federal court to reveal the payments details of anyone using a business account to the CRA (Canadian Revenue Agency) in a recent decision. Under the ruling, affected PayPal users will have several pieces of information disclosed to the CRA: their

PayPal India launch confirmed

As predicted earlier this month, PayPal have announced the launch of domestic operations of PayPal India (they already offered cross border payments). At launch, Indian consumers can use PayPal to shop online at some of India’s most popular businesses. Merchants offering PayPal will be able to

PayPal launches Money Pools service

PayPal has launched a new facility this week called Money Pools. Think of it as an organised, online whip round. If something needs paying for, create a Money Pool and everyone can chip in. It's distinct from crowd funding because you're not allowed a share in a

Sign up for our Brexit webinar this coming Thursday

If you've not registered then it's not too late to sign up for our Brexit webinar this coming Thursday the 16th of November. With Interest Rates of the rise for the first time in a decade and instability in Sterling and the Euro due to Brexit

Amazon phishing email attempts to steal bank information

Scammers have started trying to get Amazon customers to divulge their banking information in a stream of phishing emails. We're more used to seeing this type of email relating to PayPal but there are so many Amazon versions flying around that Action Fraud has put

Payments via Facebook Messenger now available in the UK

The first country outside of the USA you can pay using Facebook Messenger is the UK. The service has been available stateside since 2015 and global expansion of payments via Messenger is a vital strategic plan for Facebook. The service will start to be available

Abolition of Class 2 National Insurance Contributions delayed a year

The government has delayed the move to abolish Class 2 National Insurance Contributions by a year to 2019, which will help plug any budget deficit by around £200 million. What this means for somewhere in the region of 3 million self employed people, including many

PayPal India set to launch soon

It looks like PayPal India will soon be launching a full domestic service. It's been a long time coming and clearly the now independent PayPal Wants its share of the payments action there. PayPal will be joining an already crowded Indian online payments field competing with leader

Bank of England raises Interest Rates to 0.5%

The Bank of England's Monetary Policy Committee has raised interest rates from 0.25% to 0.5% which will impact everyone who has a mortgage or needs to borrow money to fund their business (or personal life). This is the first interest rate rise in a decade. In