Entries by Bryan

Cash is king, but for how long?

The latest Global Payment Cards Data and Forecasts report by RBR, released in February 2019, highlights the sharp rise in the acceptance and usage of payment cards. But are merchants ready for a cashless economy? In 2017, approximately $25.1 trillion worth of purchases were made with payment cards compared to 2016. In this same period, […]

An explanation of the revised Payment Services Directive (PSD2)

What does PSD2 mean? PSD2 is the acronym for Payments Services Directive 2. It’s the follow-up to PSD1 which was adopted in 2007. It’s considered a maximum harmonisation directive. As such, after approval by the European Parliament, it takes effect in all countries within the Single Euro Payments Area (SEPA) albeit with minor differences. PSD2, […]

Mastercard, Apple, push back on free trials and dodgy subscriptions

The internet is littered with free trial offers. One thing these trials tend to have in common, is they ask the consumer for their credit card information. Once the trial ends, the consumer often forgets to cancel the subscription and is consequently automatically signed up for recurring billing. The same can be said for offline […]

Online bestellen en contant betalen is een stuk makkelijker geworden

Nieuwe samenwerking tussen Nederlandse Alphacomm Solutions en Duitse cash-payment gigant Barzahlen maakt online bestellen en contant betalen makkelijker voor miljoenen consumenten in Duitsland. In Duitsland is contant geld nog altijd koning. De helft van de Duitse bevolking van 18 jaar en ouder beschikt niet over een eigen credit card en bijna 80% van alle retail […]