11 Feb 13 @ 00:00

In Turkey, the number of online credit card transactions has grown by 34% in 2012, reaching $17.4 billion, recent statistics indicate. According to data released by Turkey’s Interbank Card Center (BKM), 19... read more

11 Feb 13 @ 00:00

The closing of the acquisition by Skrill of paysafecard.com Wertkarten AG, the Austrian prepaid payments business, has been completed. Skrill is majority owned by Investcorp Technology Partners. As the European... read more

06 Feb 13 @ 00:00

Australia’s competition watchdog has sued credit card company Visa for alleged "misuse of market power". It has accused Visa of preventing customers from using a currency of their choice in... read more

06 Feb 13 @ 00:00

Consumers are expected to spend £87 billion online in 2013 – with mobile access to websites continuing to grow. Mobile sales showed a staggering 304% rise in 2012, while smartphone... read more

05 Feb 13 @ 00:00

Visa Europe announced that contactless cards will be rolled out to RBS and NatWest cardholders in the UK. Over 2 million eligible RBS and NatWest customers will receive a contactless... read more

05 Feb 13 @ 00:00

Competition and activity continues to heat up in the mobile payments market. mPowahas signed a white-label deal with Portugal Telecom for the carrier to resell mPowa’s services as the centerpiece of its own... read more

05 Feb 13 @ 00:00

Bank of Ireland has stolen a march on its local and UK counterparts by going live with a new service that lets its banking customers transfer cash in a way... read more

05 Feb 13 @ 00:00

Virgin Holidays, the UK’s market-leading long-haul holiday company, has deployed interactive voice response (IVR) technology from Encoded to offer customers an automated payment option when booking holidays, adding excursions and... read more

05 Feb 13 @ 00:00

The partnership will enable G2 Web Services to integrate Sysnet’s PCI DSS compliance solutions into the full suite of services it currently offers to more than 200 acquiring clients globally... read more

04 Feb 13 @ 00:00

 Visa Inc. announced its support for a common U.S. debit solution and an expansion of Visa’s previously announced roadmap for EMV (Europay MasterCard Visa) chip card adoption in the United States to include a migration... read more

04 Feb 13 @ 00:00

Transaction banking has outperformed investment and commercial banking in terms of revenue growth in the post-financial crisis period. To better position themselves for success, 82% of banks surveyed have reorganized... read more

01 Feb 13 @ 00:00

The Commission has published a package consisting of a communication on a European Retail Action Plan and a Green Paper on unfair trading practices in the supply chains for food... read more

01 Feb 13 @ 00:00

The Western Union Company announced that it has extended its prepaid receive card program to Costa Rica and Guatemala. The card, launched in El Salvador last year, strategically leverages the... read more

31 Jan 13 @ 00:00

Consumers respond positively to a combined rewards program for credit and debit cards.  According to a recent survey by  SYNERGISTICS Research entitled, Re-Engineering Credit Card Programs, three-quarters (75%) of Internet... read more

31 Jan 13 @ 00:00

BPC Banking Technologies announces the completion of the processing center implementation for Russia’s Universal Electronic Card (UEC) – one of the key components of the e-government project. As per the... read more

31 Jan 13 @ 00:00

Mobile commerce is driving more and more sales for British e-businesses, according to an industry-leading survey by payment processor, Sage Pay. The third annual Sage Pay e-Business Benchmark Report of... read more

30 Jan 13 @ 00:00

The number of mobile banking users in China reached 150 million in 2012, accounting for more than 40% of mobile banking users worldwide. Major commercial banks saw more than 100%... read more

30 Jan 13 @ 00:00

Vindicia and WorldPay announced a partnership to deliver enhanced payment acceptance capability to Vindicia’s digital eCommerce merchants. The alliance integrates WorldPay’s payment processing capabilities into Vindicia’s billing platform, CashBox, which is specifically... read more