11 Jun 13 @ 00:00

China’s central bank has ordered online payment platform EPayLinks to stop issuing renminbi-settled credit cards in partnership with MasterCard. “No payment institution is allowed to cooperate with foreign card companies... read more

23 May 13 @ 00:00

WorldPay has launched Bankout, a service that gives merchants the ability to make cost-effective, low-value cross-border payments with guaranteed amounts delivered to recipients and no receiving bank charges. Matched with WorldPay’s... read more

22 May 13 @ 00:00

EBA Clearing reveals seven German banks will use the Step2 payments system to process and clear their domestic payments, converting in the second half of 2013. A group of seven... read more

14 May 13 @ 00:00

Visa Europe has offered to cap its inter-bank credit card fees at 0.3% of transaction value for four years, the same level as the rival MasterCard  network, to end a... read more

16 Apr 13 @ 00:00

WorldPay and Intershop, a leading provider of state-of-the-art eCommerce solutions have announced an agreement which will see WorldPay services integrated with the Intershop 7 platform. The integration will provide retail merchants... read more

09 Apr 13 @ 00:00

Already investigating credit-card giant Visa, the European Commission launched Tuesday a fresh anti-trust probe into its rival MasterCard over payment of inter-bank fees. The Commission said it had concerns that... read more

14 Mar 13 @ 00:00

B+S Card Service, one of Germany’s largest acquirers and a one source solution for electronic payment processing, today officially launched in the UK. Founded in 1989 B+S is part of... read more

29 Jan 13 @ 00:00

Fundtech, a market leader in global transaction banking solutions, today revealed the results of a recent survey on banks’ sentiments towards Dodd-Frank section 1073, which mandates transparency around costs, timing... read more