Buy now pay later schemes are fastest-growing online payment method

Surge in internet credit buys: Buy now pay later deals were fastest-growing online payment method last year By Ben Wilkinson for the Daily Mail Published: 22:01 GMT, 23 February 2021 | Updated: 22:01 GMT, 23 February 2021 Credit boom: Buy now, pay later schemes  are predicted to account for 10 per cent of UK online spending … Read more

Winter Fuel Payment: DWP admits some payouts have been delayed

Have you received your Winter Fuel Payment? The DWP admits a technical issue has led to small number of payouts being delayed A small number of households have not received their payouts yet   This was due a technical issue, the DWP said, although it has paid out 99.9%   The Winter Fuel Payment can help older … Read more

Ministers eye astonishing plan to give EVERYONE testing positive for Covid a one-off payment of £500

Everyone testing positive for Covid could be given £500 under dramatic plans being considered by ministers. The proposal, which would cost up to £450million a week, is aimed at encouraging more people to undergo swabs and self-isolate to stop the virus spreading. Detailed in an official policy paper, it is said to be the ‘preferred … Read more

Ministers eye astonishing plan to give EVERYONE testing positive for Covid a one-off payment of £500

Everyone testing positive for Covid could be given £500 under dramatic plans being considered by ministers. The proposal, which would cost up to £450million a week, is aimed at encouraging more people to undergo swabs and self-isolate to stop the virus spreading. Detailed in an official policy paper, it is said to be the ‘preferred … Read more

European banks hike international payment fees for British expats

Thousands of UK expats living in Europe face having to revamp their finances in the aftermath of Brexit as British banks close their current accounts and European ones hike the cost of sending money overseas. Customers of some of Britain’s biggest banks including Barclays, Lloyds and Nationwide Building Society living in Belgium, Italy, the Netherlands … Read more

European banks hike international payment fees for British expats

Thousands of UK expats living in Europe face having to revamp their finances in the aftermath of Brexit as British banks close their current accounts and European ones hike the cost of sending money overseas. Customers of some of Britain’s biggest banks including Barclays, Lloyds and Nationwide Building Society living in Belgium, Italy, the Netherlands … Read more

My late dad qualified for winter fuel payment – will it still be paid?

My late father qualified for winter fuel payment, so will it still be paid? Steve Webb explains the rules for help with heating bills By Steve Webb for This Is Money Published: 07:42 GMT, 11 January 2021 | Updated: 07:42 GMT, 11 January 2021 My dad passed away in November. He was entitled to the … Read more

JEFF PRESTRIDGE: I fear end of cash as payment mechanism

JEFF PRESTRIDGE: Without prompt action, I fear the end of cash as a payment mechanism – and the death of communities nationwide By Jeff Prestridge for The Mail on Sunday Published: 21:52 GMT, 5 December 2020 | Updated: 21:52 GMT, 5 December 2020 How frustrating. A key announcement on recommendations to keep cash alive on … Read more

Payment firm Klarna hires Silicon Valley guru Moritz as its chairman

Controversial payment firm Klarna hires Silicon Valley guru Sir Michael Moritz as its chairman By Lucy White For The Daily Mail Published: 23:15 GMT, 1 December 2020 | Updated: 23:15 GMT, 1 December 2020 Swedish payments firm Klarna has appointed Sir Michael Moritz as its chairman Controversial payments firm Klarna has appointed a veteran investor … Read more