News stories featuring Co-Op:
October 7th, 2016
The UK’s Metro Bank and Co-operative Bank have begun supporting Apple Pay, taking the number of financial institutions backing the mobile payment service in the country to 23. Apple Pay has also added more than 25 banks and credit unions to its list of supporters in the US, 9to5mac reports.
September 21st, 2016
Visa has launched its mVisa QR code-based mobile payment service in Kenya with Co-Operative Bank, Family Bank, KCB and NIC Bank. “With mVisa, consumers can directly access all of the funds in their bank accounts to pay merchants or individuals,” Visa says. mVisa was unveiled in August 2015 through a pilot with Indian banks. ICICI Bank became the first to offer the service to consumers in October, followed by State Bank of India, which announced its support for mVisa in May 2016. It is due to arrive in Nigeria by the end of this year.
April 19th, 2016
“Cash is still the most prominent payment method for UK consumers and global demand for coins is as strong as ever,” says The Royal Mint in response to research conducted by UK supermarket chain The Co-Op that predicted mobile payments will account for 65% of its transactions by 2025. “The demise of cash has been predicted for a long time but it remains the currency option the general public turns to for confidence, convenience and security,” the government-owned company adds.
April 19th, 2016
UK retailer The Co-Op has predicted that 65% of all transactions at its supermarkets and convenience stores will be made using mobile phones by 2025. The forecast follows research released by the company which shows that almost 11m contactless transactions now take place at its 2,800 locations every month.
August 3rd, 2015
Pay-as-you-go customers of Vodafone UK can now top up their mobile phones via Powa Technologies’ mobile payment platform PowaTag in more than 500 Vodafone stores as well as Argos, Brighthouse, Co-Op, Sainsbury’s, Tesco, JD Williams and Wilkinson. The platform is already in use by France’s Teleshopping, Denmark’s Danske Bank and retailer Comptoir des Cotonniers.
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