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Visa, MasterCard stop providing payments services as US sanctions kick in

21 Mar 14 @ 11:12

As the Russian stock market collapses in the wake of US sanctions, closely followed by the EU,  Visa Inc and MasterCard Inc have stopped, without notification, providing services for payment... read more

MasterCard launches MasterPass in Italy

20 Mar 14 @ 15:48

MasterPass is now available in Italy. Following its success in the US, Australia, Canada and the UK, MasterPass is now debuting in Italy thanks to agreements with the country’s major... read more

Worldline enhances online payment platform

20 Mar 14 @ 11:51

Worldline, Atos subsidiary in e-payment services, has expanded its online payment platform with SOFORT Banking direct payment method. This will enable online merchants across Europe to benefit from a new... read more

Irish debit card usage quadruples while cheque usage halves

19 Mar 14 @ 11:00

Irish consumers continued to change their payment habits in 2013, switching to debit card usage and reducing the number of cheques used when paying for goods and services. Since 2005,... read more

MasterCard prepares for exponential African growth

19 Mar 14 @ 10:48

MasterCard is eyeing a slice of the expected exponential growth from the emerging African market in coming years, particularly as mobile payments surge, Aaron Oliver, the head of emerging payments... read more

A global move towards real–time payment systems

19 Mar 14 @ 09:29

The World Bank conducted a survey in 2010 to better understand the Outcomes of the global payment systems. 6 key factors were identified as having triggered the reform of payment... read more

Google Wallet stops NFC payment service

18 Mar 14 @ 17:40

Google has announced via email that it will kill off NFC payment service functionality in April for anything below Android 4.4 (device that don’t have Kit Kat – Android 4.4+). In other... read more

Bain and Advent in exclusive talks to buy card payment firm Nets

18 Mar 14 @ 15:21

Private equity firms Advent International and Bain Capital have entered exclusive talks to buy Danish card payment services company Nets Holding for more than €2 billion ($2.8 billion), two people familiar... read more

EMV in the US… too little, too late?

18 Mar 14 @ 09:52

The Target, Neiman Marcus, Michael’s Stores breach trifecta may have finally galvanized the US card payment industry to consider strongly EMV in the US. Too bad consumers are poised to change... read more

iCard4 is the most powerful smartcard on the planet

18 Mar 14 @ 09:35

SmartDisplayer Technology , a leader in display card technology has announced the launch of its new generation smartcard iCard4 – the most powerful smartcard on the planet. iCard4, says the... read more

Contactless glitch charges wrong card – thousands ‘pay twice’

17 Mar 14 @ 15:54

The UK’s Transport for London say that us passengers have been wrongly charged thousands of pounds because of a contactless glitch in the payment system. Almost 1,800 commuters have been... read more

Google Wallet gets order tracking update

17 Mar 14 @ 12:44

Google says it has updated its Android and iOS Google Wallet apps to enable shoppers to automatically track their online orders. Once users activate ‘orders’ in Google Wallet they can... read more

Trending

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more