Included in this issue: £2.5bn spent using contactless cards in Q1 2015, as limit rises to £30 | Barclays to Begin Offering Bitcoin Payments for Customers, Beginning with Charities | Vision for Maintaining World Class Payments in the UK | Payments UK interim voluntary code of conduct for indirect access providers | India joins UN-based Better Than Cash Alliance | PayPal introduces personalised URLs for P2P payments | Quarter of British people expect day-to-day mobile payments within five years

UK

£2.5bn spent using contactless cards in Q1 2015, as limit rises to £30

Data from the UK Cards Association has found that more than £2.5 billion was spent using contactless cards in the first half of 2015. 

UK Cards Association, 1 September 2015

Barclays to Begin Offering Bitcoin Payments for Customers, Beginning with Charities

Newspapers are reporting that Barclays are to test the use of bitcoin in allowing people to make donations to charities using the virtual currency.

Bitcoin Magazine, 31 August 2015

Vision for Maintaining World Class Payments in the UK

Payments UK has published an initial report on its World Class Payments project which sets out its vision of the enhancements that would ensure that UK payments continue to be world class. 

Payments UK, 27 August 2015

Payments UK interim voluntary code of conduct for indirect access providers

Payments UK has published Version 1.0 (interim) of its voluntary code of conduct which sets out standards of best practice for key elements of the commercial arrangements between Indirect Access Providers and Indirect PSPs. 

Payments UK, August 2015

WORLDWIDE 

India joins UN-based Better Than Cash Alliance

India has joined the UN's Better Than Cash Alliance in a bid to accelerate the country's migration to electronic payments and boost financial inclusion. 

Finextra, 1 September 2015

PayPal introduces personalised URLs for P2P payments

Paypal is rolling out a new person-to-person payments feature that enables account holders to request money via a personalised URL.

City AM, 1 September 2015

RESEARCH

Quarter of British people expect day-to-day mobile payments within five years

According to a survey for Lloyds Bank, a quarter of British people think that in just five years they will no longer need cash due to the growth in popularity of contactless cards and mobile payments. 

Finextra, 31 August 2015