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Our perspective on payments (and other things).

Predicted Statistics 2015

January 9, 2015

The hardest part of any year is arguably fraught with anxiety mostly at the beginning, so with some New Year’s cheer, foresight and positivity we can tackle it. With foresight in mind; E-Commerce seems to be as trendy and developmental as ever. A stunning figure of $24 trillion in Global retails sales (that’s $24 with […]

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John Lewis’ Winter Statistics

January 7, 2015

Further to our Black Friday blog in December, which showed Black Friday breaking records year-on-year, retail giant, John Lewis, have reported record sales in the lead up to Christmas. John Lewis has reported their Black Friday week brought the company “its biggest trading week on record, with sales up 22%” on 2013. The sales during […]

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Retail Sales 2014

December 29, 2014

2014’s been a great year for retail with sales expecting to hit $22 trillion. Market research company, eMarketers predict that this figure will increase by 5.5 percent and ‘is projected to hit $28.3 trillion’. This figure includes a breakdown across 22 countries. Ecommerce is growing year on year in popularity, “When it comes to retail […]

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Black Friday Stats

December 2, 2014

This year’s Black Friday is now over, but how did it do? Amazon UK reported busiest day on record this year. The website had orders of over 5.5 million, with 64 items being sold per second. This beats last year’s record of 4 million items sold for the UK e-retailer and shows the growing popularity […]

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Mastercard and Visa Plan To Drop Passwords in Online Payments

November 21, 2014

Have you ever been in the situation where you’ve entered all your payment details, gone to pay and then been asked for a password you can’t remember? Well good news, Mastercard and Visa announced last week that they plan to drop the need for customers to remember passwords and make the experience more secure and […]

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Error Codes – What Do They Mean?

November 12, 2014

  A technical blog today. Click on the more tab below to see a list of error codes and what they mean. If you aren’t sure what the message means, the error code doesn’t appear on the table or if you have any suggestions on how we can improve the table, please contact us at […]

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Singles’ Day sales of $7 Billion and Black Friday to break new records

November 11, 2014

  As the Christmas season draws closer, some of the biggest shopping events of the year are coming up and continue to smash records. Alibaba’s $7 Billion Singles’ Day Sales China’s Singles’ Day falls on the 11th of November each year, and is celebrated as an “anti-valentine’s day” for single people to purchase gifts for […]

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Payments via mobile number to start this month

April 2, 2014

Consumers will be able to use mobile phone numbers to make payments via mobile from 29 April, it has been announced. The changes mean that account-holders will be able to pay friends, family or traders without having to ask for their bank details. Instead, they will only need to ask for their mobile number, according […]

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Clydesdale and Yorkshire bank

March 26, 2014

New plans announced by UK retail banking institutions Clydesdale and Yorkshire banks (subsidiaries of National Australia Bank) are to see the two financial institutions close nearly 30 branches and invest £45 ($74) million in improving services in the mobile and online channels and developing six flagship branches. The switch to a greater digital presence comes […]

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Visa Europe Reports Rise In Contactless Payments

March 20, 2014

The latest figures from Visa Europe show that throughout 2013 Visa cardholders used their contactless cards to make more than 94.3 million purchases in the UK, simply by tapping their cards, compared to just under 25 million contactless purchases in 2012, showing that UK consumers are embracing the ease and speed of contactless payments. Contactless […]

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