Payments News

The news channel to help you in handling your money more securely when conducting business on online marketplaces
By Chris Dawson September 24, 2017 - 4:55 pm

FingoPay – Pay with the blood in your finger

What's the one thing that you never leave home without? Many payments companies will tell you that it's not your keys or wallet but your mobile phone. Sthaler reckon that they're all wrong and the answer is none other than your fingers which is why

iZettle bags €30 million in EU funding for R&D

Swedish-based payments firm iZettle has announced it will receive €30 million of funding from the European Investment Bank over the next three years. The funds are earmarked for research and development of financial and commercial tools that address the needs of smaller companies. The transaction

Should marketplaces collect VAT with Split Payments?

At last Thursday's Public Accounts Committee (PAC) session on tackling online VAT fraud and error, the question was raised as to whether the way to eradicate VAT fraud would be for the marketplaces themselves to collect VAT on each sale. This is known as 'Split

Meet the company: iwoca

I first met Christoph, CEO and co-founder of iwoca, in 2011 over a coffee at Euston station. It was an unusual place to meet but he didn’t have an office yet. As an ex VP at Goldman Sachs he explained to Dan and myself the

eBay and Amazon account for VAT fraud to Public Accounts Committee

If you were to read some of the reports on the Public Accounts Committee (PAC) session on tackling online VAT fraud and error which took place on Thursday the 14th September 2017 you might be forgiven for thinking that marketplaces (eBay and Amazon in particular)

Introducing the iZettle Invoice service

The new iZettle Invoice service is now available free of charge to all current iZettle customers using their app. New customers can download the app on iOS from Apps Store and on Android from Google Play to become iZettle users and start using the iZettle

The new polymer £10 note is released today

The very first polymer £10 notes were released today, so if your business handles cash for offline sales then you may start seeing them soon. The old linen style tenners will remain legal tender until sometime in Spring 2018 but we'll have at least three months

Payoneer and eZ Cash partnership will simplify cross border trade with Sri Lanka

Cross border payments company Payoneer and Sri Lankan ewallet company eZ Cash have teamed up to make it easier for commerce payments to made to and from Sri Lanka, it has been announced. eZ Cash is the number one online payments service and enjoys a 50% share of

PayPal launches a cashback credit card

As PayPal is increasingly turning its eyes to the high street and offline spending And now they've got a new weapon in that arsenal: the humble plastic credit card. PayPal has joined with Synchrony Financial to launch the Mastercard cash back credit card. And the