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 @ 12:40

Issuing banks often ask about the merits of implementing mobile wallets from the ‘Pays’ (Apple Pay, Android Pay and Samsung Pay) versus their own-brand wallets. To ‘Pay’ or not to... read more

03 Feb 17 @ 14:02

Cards and card payment at the point of sale and online showed solid growth rates in most European countries in 2015. This was supported by the roll-out of new technologies,... read more

03 Feb 17 @ 13:13

Prepaid cards are witnessing a fast rise in popularity, with the global market expected to grow to $535 billion by 2020, according to Euromonitor International Consulting Group. What was once... read more

03 Feb 17 @ 13:08

Mobile, online and social media channels have revolutionised consumers’ shopping behaviour, and sparked demand for new payment solutions that support multichannel commerce, Big Data, loyalty and targeted advertising. A new... read more

23 Nov 16 @ 13:07

Mastercard says it has reached agreements with Microsoft, Google and Samsung to bring online payments capabilities to US-based users of their digital wallets via Masterpass. Starting early next year, Mastercard... read more

23 Nov 16 @ 09:40

Bill Gates claimed the password could not meet the challenge of keeping information secure and predicted its demise. That was back in 2004. Twelve years later, passwords are still very... 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 @ 06:47

AS THE SHARE of digital payments in Europe keeps on growing to reach 38 percent of payments by 2020, the continued transformation of Mastercard is driven by the rapid growth... read more

28 Sep 16 @ 06:39

AS THE ONE year anniversary of the US EMV migration shift to chip approaches, new data has been released con rming the positive impact the technology is having on issuing... read more

28 Sep 16 @ 06:34

FOR THE FIRST time in the Russian market, MDM Bank, one of the largest private banks in Russia, has launched single-tap Mastercard contactless mobile payments with no additional passwords. Using... read more

28 Sep 16 @ 06:21

GOOGLE IS RUMOURED to be launching the Android Pay, digital payment service, using smartphones in Japan as early as autumn, in cooperation with Mitsubishi UFJ Financial Group, sources close to... read more

27 Sep 16 @ 13:40

Innovation is one of the few ways to sustain competitive advantage over time. But can incumbent banks and payment companies truly innovate any more? PCM examines how incumbents are innovating... 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 @ 07:02

Following Britain’s momentous decision to leave the European Union, thoughts must inevitably turn to the potential impact on UK consumer payments. Chris Jones, director, PSE Consulting, provides some early thoughts... read more

02 Aug 16 @ 16:19

Identification and verification (ID&V) has always been at the heart of banking and payments, particularly in the digital age. After all, “on the internet, nobody knows you’re a dog” read... 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

24 May 16 @ 15:25

A CONSISTENT STANDARD for the implementation of payment account references (PAR) is now available, following an update to the EMV payment tokenisation specification. Acquirers, merchants and payment processors can use... 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 @ 10:18

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