magazine

Latest Issue

Digital Currency Convergence

Subscribe now

Daily Insights

Global payments news direct to your inbox

Sign up free

DAILY NEWS

ALL NEWS

Barclaycard and Orange shut down Quick Tap NFC service

04 Sep 14 @ 12:28

Barclaycard and mobile network operator Orange are to close their Quick Tap NFC mobile payment service at the end of October. Quick Tap was launched in 2011 and was one... read more

MCX preps CurrentC mobile commerce network in US

04 Sep 14 @ 12:24

US mobile commerce joint venture Merchant Customer Exchange (MCX), which is backed by several major US merchants, has unveiled its CurrentC mobile commerce payment network, with plans for a commercial... read more

EVO Payments signs acquiring deal with Bank of Ireland

04 Sep 14 @ 12:20

Global payment acquirer EVO Payments International (EVO) has entered into a long-term, exclusive relationship with Bank of Ireland to provide merchant acquiring services in the Republic of Ireland and Northern... read more

Isis rebrands as Softcard

03 Sep 14 @ 13:40

Troubled US mobile wallet platform Isis is rebranding itself as Softcard, in an effort to distance itself from the Islamic militant group of the same name. In a statement on... read more

FIS acquires Clear2Pay for €375m

03 Sep 14 @ 13:31

Global banking and payment solution provider FIS has signed a definitive agreement to acquire payment and processing solution provider Clear2Pay. Founded in 2001, Clear2Pay is a major player in the... read more

Home Depot investigating suspected data breach

03 Sep 14 @ 13:28

US DIY and home improvement merchant Home Depot has become the latest US retailer to be hit by a credit and debit card data breach, according to security blogger Brian... read more

MasterCard and Basware launch B2B solution

03 Sep 14 @ 13:25

MasterCard and global e-invoicing specialist Basware have launched Basware Pay, a solution aimed at working capital optimisation for the B2B space. Basware Pay aims to extend the value of the... read more

ANZ goMoney app reaches A$100bn in transactions

03 Sep 14 @ 13:22

Australia’s ANZ Bank says that its goMoney mobile-to-mobile payments app has reached A$100 billion in transactions since its launch in late 2010. GoMoney enables users to send funds to anyone... read more

Australia’s eftpos launches online payments system

02 Sep 14 @ 14:45

Australian POS payments system eftpos is testing a new system for online purchases at supermarket chain Coles. The system enables users to make online payments with a username and password,... read more

mPOS player Payleven overhauls UK pricing model

02 Sep 14 @ 14:43

European mPOS specialist Payleven is to drop its fixed pay-as-you-go transaction fees for UK customers that process more than £2,500 per month. A new tiered pricing model will see transaction... read more

Alipay and Huawei team up for biometric mobile payments

02 Sep 14 @ 14:40

China’s Alipay e-commerce platform has teamed up with handset manufacturer Huawei to develop a system enabling people make biometric mobile payments with their fingerprints. The system utilises the fingerprint reader... read more

Syntec partners with Worldpay for phone payment processing

01 Sep 14 @ 12:12

Global payment processor Worldpay and Syntec, a cloud call centre management service provider, have formed a global partnership which will enable businesses to accept telephone card payments securely without compromising... read more

Bitcoin could be considered legal tender in Australia

01 Sep 14 @ 12:09

Australia’s tax commissioner has indicated that the bitcoin digital currency could be considered legal tender in the country. Several countries around the world are struggling over whether to classify bitcoin... read more

UK urges Russian expulsion from Swift

01 Sep 14 @ 12:06

The UK government is to urge European Union nations to expel Russian banks from the Swift financial messaging network, amid rising tensions over the crisis in Ukraine. UK prime minister... read more

MasterCard-branded national eID card launched in Nigeria

29 Aug 14 @ 13:16

Nigeria’s national eID card scheme has been officially launched. In the pilot phase, the Nigerian Identity Management Commission (NIMC) will issue MasterCard-branded identity cards with electronic payments functionality to 13... read more

Apple opts for NXP NFC chips for next iPhone

29 Aug 14 @ 13:13

Tech giant Apple is working with global semiconductor manufacturer NXP to add secure short-range wireless technology into the next iPhone, enabling new pay-by-touch capabilities. The next release of the iPhone... read more

Ukash partners with Singapore’s YuuPay

29 Aug 14 @ 13:10

Global online cash payment provider Ukash has partnered with YuuPay, the Singapore-based payment service provider. The agreement will enable around 400 merchants already using the YuuPay system in Asia, Australia... read more

Apple’s digital wallet patent references ‘virtualised currencies’

28 Aug 14 @ 12:16

With tech giant Apple positioning itself to enter the mobile payment space, interest has been piqued by a recent digital wallet patent application that has just been made public. The... read more

Trending

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

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