Payments News

09 Dec 14 @ 12:38

It has been disclosed that venture capital investment in European payment companies is surpassing dotcom boom levels, boosted by the fast take-up of digital technologies and shifts in consumer behaviour.... read more

09 Dec 14 @ 12:10

The coffee chain Starbucks processes around 47 million transactions each week in its 12,000 US stores, news.yahoo.com reports. According to the source, 7 million of those purchases (around 15%) are made... read more

02 Dec 14 @ 11:24

Australia’s new payment system will be delayed by a year after five institutions stepped back from funding the $1 billion project. It was announced on Tuesday that the Reserve Bank of Australia-backed real... read more

25 Nov 14 @ 15:24

By the end of 2015 eBay and PayPal will become independent, publicly-traded entities. A combination of shareholder pressure and competitive innovation is believed to be the source of eBay’s September... read more

24 Nov 14 @ 12:18

Visa Inc. the world’s largest credit and debit card company, believes it might have to pay more than $10 billion to buy its London-based European licensee, Visa Europe Ltd, if its owners... read more

19 Nov 14 @ 11:00

Creating merchant loyalty – location–based offers, discounts and targeted messaging are helping to place merchants at the centre of consumer engagement. According to research by IDC, 1.5 billion smartphones will... read more

19 Nov 14 @ 10:00

How is SEPA faring now that migration deadlines have passed, and could banks be doing more? Finally, after a 15-year wait, and a delayed 1 August migration deadline, the Single Euro... read more

17 Nov 14 @ 09:55

Asia-Pacific contributed more to worldwide ATM growth in 2013 than any other region, accounting for 83% of new installations, according to RBR’s latest research Global ATM Market and Forecasts to... read more

05 Nov 14 @ 10:51

Visa and MasterCard have bowed to pressure from Canadian regulators by agreeing to set a 1.5% cap on interchange rates in Canada for the next five years, a reduction of... read more

05 Nov 14 @ 10:33

Apple’s move into payments with its Apple Pay service represents a tipping point for contactless payments, according to Verifone Europe president June Yee Felix, speaking at the Cartes 2014 event... read more

04 Nov 14 @ 10:24

Mobile commerce specialist Proxama is to acquire payment technology specialist Aconite Technology. According to the two companies, the acquisition will create a compelling end-to-end solution for card issuers to migrate... read more

04 Nov 14 @ 10:11

Instant issuance specialist Datacard Group and its recent acquisition Entrust have unveiled a new company name, logo and corporate brand identity – Entrust Datacard –  at the Cartes 2014 event... read more