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American Express muscles in on US online bill payments market

American Express muscles in on US online bill payments market

Electronic payment in China has come of age over the past decade, with huge strides made in the large value and retail payments sectors. Much credit goes to China UnionPay which has revolutionised inter-bank payments and facilitated a spectacular increase in the use of cards in the consumer market.

 


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Latest Features

Fraud eases but threat remains high

British payments industry body the Payments Administration (PA) had good news recently when it announced that payments fraud losses had recorded their biggest decline in many years, falling by 23.5 percent to £232.8 million ($370 million) compared with the same period in 2008.

Change remains the only certainty

Sweeping change has become a feature of the UK’s payments market, the most notable of these the launch of the Faster Payments Service in May 2008. For many businesses and consumers, the next hurdle that lies ahead is the demise of the cheque, following the announcement by the Payments Council (PC) that on 31 October 2018 central cheque clearing will cease.

Powerful solutions built on simplicity

Buying tickets for buses operated by UK public transport company Arriva has got easier thanks to the introduction of a mobile-phone ticketing solution from mBlox and Concept Data Technologies.