Entries by DianeBrocklebank

BRC: Card Charging Ruling ‘Historic and Highly Significant’

A ruling that a decision outlawing charges levied on retailers by MasterCard should be upheld is being called ‘historic and highly significant’ by the British Retail Consortium (BRC).

In 2007 the charges imposed on UK retailers for the processing of credit and debit card payments from customers in other EU countries (so called cross-border transactions) were declared anti-competitive and unlawful by the European Commission.…

PIF Research Reveals a Maturing UK Prepaid Market

PIF research has revealed that the frequency of spend on consumer loaded cards has nearly doubled and that year-on-year average load values have grown nearly three times. It also noted that Polymath Consulting analysis reveals the number of consumer loaded prepaid card programmes has grown significantly in the past four years, from just 50 in 2007 to 229 in 2011.…

PIF Research Reveals a Maturing UK Prepaid Market

London - 18 April 2012. International trade association Prepaid International Forum (PIF) today announced that the frequency of spend on consumer loaded cards has nearly doubled and year-on-year average load values have grown nearly three times.  It also noted that Polymath Consulting analysis reveals the number of consumer loaded prepaid card programmes has grown significantly in the past four years, from just 50 in 2007 to 229 in 2011.…

PIF India Chapter Launches Project-Based Initiatives to Drive Prepaid Market Expansion

London - 02 August 2011. Prepaid International Forum (PIF) today announced that the global trade body’s India Chapter has unveiled plans to roll out a series of projects to help bring about the implementation of cross-industry prepaid payment programmes. The new initiative builds on the Chapter’s founding objectives to promote prepaid as a viable and cost effective solution in areas such as the disbursement of government benefits, financial inclusion and transit.…