Issuing & Acquiring

23 Jan 19 @ 09:57

BORICA AD, a company with 50-years history and experience in providing specialised solutions for over 30 financial institutions in Bulgaria and neighbouring countries, has chosen the OpenWay WAY4 digital payment... read more

22 Jan 19 @ 12:12

The European Commission has fined Mastercard a meaty €570.6 million ($648.3 million) for limiting the possibility for merchants to benefit from better interchange fees offered by banks elsewhere in the European... read more

22 Jan 19 @ 11:00

In recent years, interchange rates have come under increasing pressure from a variety of judicial reviews by the US Federal Reserve, the European Union and individual countries such as Canada,... read more

21 Jan 19 @ 13:17

In the UK customers are still paying hundreds of pounds as retailers are illegally surcharging for card payments at POS. Credit and debit card surcharging was banned in January 2018,... read more

17 Jan 19 @ 14:26

A new survey released by the Bank of England shows dire trading conditions for British banks and credit lenders as they gear down on expectations that consumer appetite for borrowing... read more

17 Jan 19 @ 09:27

Diners Club International, a part of the Discover Global Network has signed an agreement with Nets, a leading to help expand Discover Global Network acceptance in Norway, Sweden, Denmark and... read more

16 Jan 19 @ 15:19

Fiserv and First Data Corporation announced that their boards of directors have unanimously approved a definitive merger agreement under which Fiserv will acquire First Data in an all-stock transaction. The... read more

14 Jan 19 @ 09:36

After a decade of lobbying to gain local access to the $124 trillion Chinese payments market, Visa and Mastercard have been snubbed by China’s central bank which has refused to... read more

11 Jan 19 @ 12:03

Square has launched its Square In-App Payments SDK (Software Development Kit), enabling developers and sellers to process payments with Square within their consumer-facing mobile apps for the first time. With... read more

08 Jan 19 @ 13:11

The number of merchant outlets accepting card payments worldwide grew by 13% throughout 2017 to reach 69.2 million at the end of the year. The two least developed regions in... read more

08 Jan 19 @ 09:17

Ingenico and Deutscher Sparkassenverlag (DSV), have announced the finalisation of the combination of BS PAYONE, a Sparkassen-Finanzgruppe subsidiary, with Ingenico Retail assets in DACH (Germany, Austria, Switzerland) following the approval... read more

08 Jan 19 @ 09:08

Nets and Concardis have confirmed that they have completed the merger originally announced in June 2018. Bo Nilsson will lead the combined group as CEO and Robert Hoffmann will continue as Concardis... read more