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Visa, MasterCard and American Express propose new global standard for online and mobile shopping

03 Oct 13 @ 16:00

According to a recent report from the US Census Bureau, 6% of all retail sales are conducted digitally, up nearly 200% since Q1 2004. Rising to this challenge, Visa, MasterCard and... read more

Brits prefer to in-store shopping

03 Oct 13 @ 15:43

Traditional shopping methods are still winning the hearts, minds and wallets of British consumers according to Payment Generation Gap, a new analysis of British shoppers’ payments habits but shoppers want faster... read more

Occupy Money launches pre-paid Visa debit card

01 Oct 13 @ 13:25

The founders of the Occupy Money Cooperative, an off shoot of the  Occupy Wall Street group say they intend to launch a prepaid Visa card that will carry a small monthly fee. The... read more

Mobile payment transactions record 27% growth worldwide in past four months

01 Oct 13 @ 13:11

The most recent findings from its Global Mobile Payments Index covering the period May – August 2013 period, which showed that mobile payment transactions on its platform jumped by 27%... read more

Wirecard selects CorFire for NFC payments

01 Oct 13 @ 11:37

Mobile commerce provider CorFire has announced a collaboration with payments innovators Wirecard to allow near field communications service (NFC) to enable mobile payments across Europe. Under the agreement, Wirecard’s products... read more

Global ATM market grows as demand for cash increases

30 Sep 13 @ 09:41

a new study from London-based strategic research and consulting firm RBR, “Global ATM Market and Forecasts to 2018”, predicts the installed base of ATMs across the world is forecast to grow... read more

Facebook rolls out Autofill mobile payment application

26 Sep 13 @ 09:33

Facebook has rolled out “Autofill With Facebook” feature in partnership with PayPal, Stripe and Braintree to put an end to all typing required while filling in billing details. The social media giant tested this application... read more

SumUp cuts transaction mobile POS fees by 30%

26 Sep 13 @ 09:18

In an aggressive move, in the increasingly noisy mobile POS market, SumUp, has announced a significant reduction of its transaction fee. In the UK, SumUp will cut its fee to... read more

UniCredit contracts First Data to for mobile payment

24 Sep 13 @ 14:46

UniCredit has selected First Data Corporation to assist in the execution of its mobile payments strategy. UniCredit’s agreement with First Data will see the bank bring to market a number... read more

Visa and MasterCard cut French card fees

24 Sep 13 @ 14:19

Visa and MasterCard have agreed to cut the fees to process credit card transactions in France by almost half. The French Competition Authority announced the agreement with Visa and MasterCard in the wake of... read more

PayPal closes in on deal for Braintree Payments

24 Sep 13 @ 14:13

Research firm Gartner expects the mobile-payments market to grow by 31% this year to $235.4 billion — and to increase by more than three-fold by 2017. For this reason, PayPal... read more

Chinese payment and banking cards market driving global growth

24 Sep 13 @ 13:06

A new report from IHS Electronics & Media shows annual volumes of smart payment and banking cards shipped in China are forecast to increase to around 1.5 billion units in... read more

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Thunes links stablecoin payouts to the Swift banking network

26 Mar 26 @ 19:08

Thunes is attempting to narrow one of the most persistent divides in modern payments: the gap between traditional banking infrastructure and the digital asset e... more

Visa targets dispute costs with new AI tools for merchants and banks

02 Apr 26 @ 18:44

Visa is stepping up its effort to modernise one of the most cumbersome parts of the payments chain, launching a suite of artificial intelligence-powered dispute... more

Swift moves from concept to execution with Blockchain

02 Apr 26 @ 18:44

Swift is moving its blockchain-based shared ledger from design theory into practical deployment, marking a notable moment in the evolution of institutional cros... more