Digital Payments in the UK

Brexit means that the EU’s cap on credit-card interchange fees no longer covers the UK – leaving credit card providers free to increase fees. EU-based merchants must now pass the fees on to consumers as higher prices

Luckily, there’s an alternative on the rise: bank transfer apps in the UK like Pay by Bank app are more popular than ever.

Download our latest report to discover:

How bank transfer payments work and why Brits love them
How EU merchants can cut costs by half (or more!)
Detailed info for Pay by Bank app

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Browse the latest in the world of payments

05.12.2018 PPRO Group and Mastercard’s Pay by Bank app announce partnership to bring secure bank transfer payments to UK merchants 24.10.2018 70% of UK consumers now buy goods from overseas merchants 11.09.2018 Over two-thirds of UK consumers still abandon online shopping purchases due to poor payment processes Podcast How Does the UK Buy Online? Listen Blog How fintech and e-commerce can profit from Brexit Read more 15.12.2017 Christmas 2027 – Infographic Blog £10 note goes polymer Read more Blog 10th anniversary of the first contactless payment Read more Blog Amazon is adding a cash payment option Read more Blog The UK is going cashless Read more Blog From magic beans to e-wallets – a short history of alternative payments Read more 04.05.2017 UK set to become a cashless society soon

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