Payments News

18 Aug 15 @ 14:31

MCX, three years after deciding to enter the mobile payment market with CurrentC, a group of large retailers is finally doing it. Merchant Customer Exchange (MCX), a partnership between large... read more

14 Aug 15 @ 15:41

Tech giant Samsung will launch its mobile payments service Samsung Pay in South Korea later this month, with Visa, MasterCard and major banks lining up for a US launch in... read more

14 Aug 15 @ 15:38

PayPal is now selling NFC-enabled card readers on its website aimed at small businesses, enabling them to accept contactless payments. The PayPal Here card reader costs £79.95 and is followed... read more

14 Aug 15 @ 15:35

Global acquirer and payment service provider EVO Payments International has formed a strategic alliance with pan-European banking group Raiffeisenbank for card acceptance in the Czech Republic. As a result of... read more

13 Aug 15 @ 17:00

Danish digital currency processor Coinify has acquired Dutch rival processor Coinzone in order to create a pan-European provider of payment processing for online merchants and payment service providers. The deal... read more

13 Aug 15 @ 16:57

Commonwealth Bank of Australia (CBA) has apologised to its customers following a system error that saw customers being double-charged for debit, credit and mobile payments over a six-day period. The... read more

13 Aug 15 @ 16:53

BlackBerry has teamed up with e-commerce giant PayPal for a trial that lets BBM users in Canada send and receive money through its messaging service. Upon connecting their PayPal account,... read more

12 Aug 15 @ 17:28

UK person-to-person mobile payments service Paym has recorded more than three-quarters of a million transactions in the first half of 2015. Paym lets users make payments from within their banking... read more

12 Aug 15 @ 17:23

US mobile payments consortium MCX has suffered a blow after US drugstore chain Rite Aid announced activation support for rival products from Google and Apple across its 4,600 outlets across... read more

11 Aug 15 @ 16:48

American Express has announced that its corportate card portfolio will be activated for Apple Pay, allowing cardmembers to pay on the go with compatible Apple devices. The mobile payment option... read more

11 Aug 15 @ 16:45

Cross-border payment transaction processor Earthport has forged an agreement to enable cross-border services for Japan Post Bank, one of Japan’s largest retail banks. The partnership will enable the bank to... read more

11 Aug 15 @ 16:42

Global payment processor Optimal Payments has completed its acquisition of e-commerce and e-money solution provider Skrill Group for €1.1 billion. The acquisition will create a payment and e-wallet provider with... read more