Bitesize Payments

Welcome back dear listeners to Bitesize Payments.  Today, we're going to explore a topic that's at the heart of every country's economy: our governmental bodies – The Treasury, Central Banks, and payment operators.  Their roles are pivotal to any nation, but they are probably the least understood by Payment’s folk – generally the stakeholders and their ecosystems are best known in t...

Today we will be discussing something that underpins every major economy and is of vital importance to the flow of money yet is probably totally unfamiliar to many people - Real-Time Gross Settlement systems, or RTGS for short. I’m joined again by David Godfrey to help me explore this subject,  RTGS, as I said, is possibly something that many people are unfamiliar with, yet, they underpin all elec...

Welcome to Bitesize Payments! In this episode, we're delving into the world of cash. Over the past few years, I've had numerous conversations about cash and its unique characteristics, including its anonymity. I even had a memorable discussion about it while getting my hair cut – thanks, Ali!    It’s the most personal payments method, it’s the most integrated into our societies and its o...

Welcome Dear listener to Bitesize Payments where we talk about their history how they work and who does what.  In this episode we are going back in time to 1659,  we are going to talk about a method of payments that goes back literally centuries, we still use them today and in some countries are really popular and more efficient than you might think.   Yes, today we are going to discuss Cheques or...

Welcome back, dear listeners, to 'Bitesize Payments.' In this podcast, we delve into the fascinating history of payments, exploring how they function, and the key players involved. Today, our focus is on cards. Once considered a status symbol, today nearly everyone possesses one, with many owning multiple cards. While most of us use them in our daily lives, have you ever wondered about t...

Today's episode is all about you, the citizen, and your role in the payment's ecosystem. With so much of what happens in payments,  terminology and brand names often occluding what's really happening.  No more so when it comes to us and what we do and how we use payments. So, I'm going to try and explain payments as they relate to us as Stakeholders and explain how this payment...

today we are going to discuss one of the newer payment rails – real time payments or immediate payments.  But wait aren’t all payments real time well turns out no so much.  However, they are probably going to be one of the unifying payment rails.  Right now Immediate payments are growing compound, 30 % in Spain , 37% of all transaction is the UK are now Faster Payments and 61 countries and 72% of...

How many purchases have you made today, coffee, lunch, food shopping? Is so common for us that we don’t think about these purchases as payments….  This is something that we all do, we buy stuff, but do we understand it and who are the actors involved.  But they make up approximately 80 % of all the payments made…. Lets just let that sink in for a minute!! 80% This episode is about Merchants a litt...

Welcome back to Bitesize Payments. In the last episode we discussed the key stakeholders, Corporates, Governments and of course ourselves.  I this episode we are going to discuss ACH’s – Automated Clearing Houses. ACHs are important for us as by and large that how we get paid. We are going back to relatively modern history late 60s early 70s.  This one is close to my heart as preparing a payroll f...

In our previous episodes, we delved into the early history of payments, explored the concepts of money and currency, and examined the influence of networks on payment evolution.   Today, we're going to navigate the Payments Zoo, identifying and understanding the various actors in this complex ecosystem. In my previous roles delivering training courses, I found that it was quite rare for peopl...

In our first two episodes, we traced the evolution from the barter system to commodity money, and from coins to paper currency. We also demystified the foundational aspects of payments, clarifying terms like currency, legal tender, and the concept of money itself. Today's episode takes a slightly different route. We're shifting our focus from coins and traditional money to concentrate on...

Hi and welcome to Bite Size Payments. My name is Paul Thomalla and literally years I've been saying I'd like to record a series of podcast about payments. Well guess what? I finally gone and done it.  So, thank you for listening to my trailer for my Podcast Bitesize payments. I hope this trailer whets your appetite. Payments are everyday activity, but few of us know or frankly even care...

Welcome to Bitsesize Payments where I try and explain the history of payments, how they work and who does what.  In this, the first episode, I walk through 8,000 years of payments history in 20 mins... taking us for Bartering to shells, to beads to coins to Money... Buckle up.... Any question please contact me @ bitesizepayments@gmail.com Enjoy! Paul Thomalla Send us Fan Mail Payments Industry Ins...

Welcome to Bitesize payments where I try to explain the history of payments, how they work and whos does what.  In these episode I try and explain some fo the key terms that we use around payments and where they come from,  terms such as  money,  currency,  payments and legal tender.  Hopefully this will provide key context for later episodes as well as being interesting....  If you want to know w...