Contracts

13 Jun 16 @ 10:19

Walmart Canada says it will no longer accept Visa cards after it failed to agree a deal with the card company. Fees applied to Visa card purchases “remain unacceptably high,”... read more

03 May 16 @ 12:40

VocaLink has signed a five year deal to provide exclusive processing for the LINK ATM network.  The deal is the UK’s largest ever ATM processing deal and is expected to deliver over 16... read more

28 Apr 16 @ 15:23

Intesa SanPaolo, Italy’s biggest retail bank is reported to be in final talks to sell its payments unit Setefi to banking services firm Istituto Centrale delle Banche Popolari (ICBPI) in a... read more

27 Apr 16 @ 12:19

As the inevitable consolidation of the European mPOS market begins, SumUp and payleven  announced a merger which will see the combined company operate under the name SumUp. The companies, currently... read more

22 Apr 16 @ 16:45

MasterCard is reported to have entered exclusive talks to buy Vocalink as it bids to capture a greater share of UK debit card payments from Visa. Sky News initially reported that the... read more

22 Apr 16 @ 16:00

Visa Inc, following feedback from the European Commission has been forced to change the terms of its acquisition of Visa Europe. Under a deal struck in November, Visa Inc was set to pay... read more

19 Apr 16 @ 15:21

The Reserve Bank of New Zealand (RBNZ) will replace its current Exchange Settlement Account System (ESAS) with an Real-Time Gross Settlement (RTGS) operating on a standalone IT infrastructure that incorporates substantial... read more

12 Apr 16 @ 12:09

Payment M&A activity in the payment acceptance space is at an all-time high in Europe, both in terms of liquidity and valuations. Recent activity is being driven by three trends:... read more

05 Apr 16 @ 09:38

TSYS announced it has completed its acquisition of TransFirst, a leading US merchant solutions provider. TransFirst and TSYS’ existing merchant businesses will be combined under the TSYS brand to create... read more

18 Mar 16 @ 10:07

Chase Bank Kenya, an innovative and fast-growing bank with an ambitious strategy across Africa, has successfully migrated its full card portfolio to the OpenWay WAY4 payment software platform from Electra... read more

18 Mar 16 @ 09:46

ACI will partner with Verifone to deliver a comprehensive pan-European payments platform for Auchan Group, one of Europe’s largest food retailers. Auchan relies on ACI’s market-leading, omni-channel UP Retailer Payments solution... read more

03 Mar 16 @ 15:58

Failed e-commerce software Unicorn Powa Technologies,  sold two of its divisions  today as it seeks to save jobs after entering administration in February. Deloitte, which was appointed as administrator of the... read more