03 Aug 17 @ 06:40

Acquiring gambling merchants is high risk. Or at least this always used to be the case. But in a regulated industry quick to adopt new technology, where the house always... read more

03 Aug 17 @ 06:24

It is now almost 18 months since the introduction of the Interchange Fee Regulation (IFR). This covered a good deal more than the interchange fee caps and included substantial changes... read more

03 Aug 17 @ 06:11

1967: Ronald Reagan was inaugurated as governor of California, Elvis Presley married and the UK entered negotiations for membership of the European Economic Community. It was also the year that... read more

03 Aug 17 @ 06:04

The first nationally sanctioned mobile wallet solution for the United Arab Emirates has been launched. Emcredit, a fully owned subsidiary of the Dubai Economy, will launch empay, a secure mobile wallet... read more

08 Jun 17 @ 13:03

One truism about the payments industry is that it is always changing. We examine how the industry is equipping itself for the changes ahead. Has it got enough of the... read more

08 Jun 17 @ 12:38

Newly released data from Radial’s e-commerce fraud technology lab reveals an alarming statistic for retailers to digest. There has been a 200 percent increase in credit card testing so far... read more

08 Jun 17 @ 12:30

The US Supreme Court declined to hear a bid by retailers to revive a $7.25 billion anti-trust settlement reached with Visa and Mastercard over claims that the networks fixed card... read more

06 Apr 17 @ 16:14

On the centenary of the Russian Revolution, we examine payments in the world’s largest country. How do Russians pay today? And given the state bank dynamic, a new domestic card... read more

05 Apr 17 @ 11:38

The merchant acquiring market in Europe is operating on solid grounds of continuous transaction growth, however the cost pressures in the industry increases are very high, primarily due to new... read more

23 Nov 16 @ 11:33

Global Payment Cards Data and Forecasts shows that the Middle East and Africa (MEA) and Asia Pacific were the fastest growing regions for payment cards in 2015, with card numbers... read more

23 Nov 16 @ 06:41

Despite all the marketing money spent on promoting electronic payments over many decades, cash still accounts for around 80 percent of consumer payments worldwide. So, is a cashless society a... read more

28 Sep 16 @ 06:17

THE RISE OF third-party m-payments in China at the expense of credit and debit cards is threatening commercial banks’ access to the customer data viewed as crucial to newly emerging financial... read more

28 Sep 16 @ 06:06

RETAIL FRAUD CONTINUES to rise as does its cost. According to the LexisNexis True Cost of Fraud Study, fraud as a percentage of revenue has increased from 1.32 percent to... read more

03 Aug 16 @ 07:28

CHARGEBACKS HAVE BEEN part of card scheme dispute resolution rules for decades and reflect consumer protection regulations in many countries. However they are also the ultimate un-virtuous circle where almost... read more

03 Aug 16 @ 07:24

WAL-MART IS SUING Visa Inc for the right to choose how customers verify debit card purchases in store, according to Wall Street Journal reports. In the lawsuit, Wal-Mart claims that... read more

25 May 16 @ 08:27

PAYPAL’S P2P PAYMENT service Venmo is under investigation by the Federal Trade Commission. PayPal has acknowledged the situation in an SEC filing: “On March 28th, 2016, we received a Civil... read more

24 May 16 @ 15:44

THE MARKET FOR mobile payments in China is hotting up with no fewer than three new ‘Pay’ launches in as many months. Apple Pay launched with China Union Pay and... read more

05 Apr 16 @ 15:13

The value of card payments in Asia Pacific grew by 25 percent in 2014 to reach $9.0 trillion, accounting for just under half of the global total card expenditure. The... read more

02 Feb 16 @ 10:44

Cards and card payment at the point of sale (POS) and online showed solid growth rates in most European countries in 2014, supported by the roll-out of contactless technology. The... read more

02 Feb 16 @ 10:18

Tim Cook, CEO of Apple, said that 2015 would be the year of Apple Pay. As it turned out, 2015 was the year of mobile payments initiatives generally as technology... read more