03 Oct 13 @ 16:13

The most commonly used debit card system in Australia is eftpos and it accounts for roughly 70% of the country’s debit card transactions. FIS’ global EFT switching platform will be... read more

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

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

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

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

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

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

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

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

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

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

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

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

23 Sep 13 @ 14:42

Poste Italiane has signed an agreement with Payleven, a provider of mobile card payments, which makes the payleven mobile card payment product available for all clients of Banco Posta in Italy. The... read more

23 Sep 13 @ 12:09

SIX is underscoring its intention to push its international growth and become one of Europe’s leading providers for card-based payment services by acquiring PayLife GmbH, the Austrian market leader in the... read more

23 Sep 13 @ 12:02

In somewhat of a coup, Google Wallet has beaten Apple at its own game, launching Google Wallet for iPhone, iPad, and iPod Touch before the incumbent could launch its own wallet... read more

23 Sep 13 @ 11:41

Over the next five years, e-retail is set to grow by almost 50% and be worth over £50 billion in 2018, when one pound in every seven spent on retail... read more

20 Sep 13 @ 17:44

Mobile Wallet Initiative Austria has been launched by a group of financial, technology and telecoms companies. The new organisation aims to create an open nationwide standard for NFC mobile wallets.... read more