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Samsung Pay teams with card schemes and banks for launch

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

PayPal Here enables SMEs to take contactless payments

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

EVO and Raiffeisenbank form card acceptance alliance

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

Coinify acquires digital currency rival Coinzone

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

CBA error double-charges transactions

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

BlackBerry and PayPal team up for P2P payments

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

Mobile catching up on branches in US

12 Aug 15 @ 17:31

The mobile channel is catching up with the internet and branch as the most popular banking channel for US consumers, according to an American Bankers Association (ABA) survey. The ABA... read more

Paym reaches £70 million mark

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

MCX loses participating merchant Rite Aid

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

American Express adds Apple Pay for US corporate cards

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

Japan Post Bank selects Earthport payment network

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

Optimal Payments completes Skrill acquisition for €1.1bn

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

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Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more

UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more