UK Scraps Transaction Caps on Contactless Card Payments
UK regulators floated the idea of removing the current £100 transaction limit for contactless payments with physical cards earlier this year. Now, the UK is moving forward with these plans, allowing financial services providers to set their own payment thresholds—or remove them entirely. These limits were established by the Financial Conduct Authority (FCA) and currently […]
In a Pivotal Year for Prepaid Products, Digital Assets Emerge
The holiday season has increasingly revolved around gift cards, as more consumers prefer spending power over physical gifts. Although gift cards are an enduring offering, the prepaid industry has evolved to include an array of products that are as much about self-use as they are about handing out gifts. As Jordan Hirschfield, Director of Prepaid […]