10 Nov 14 @ 10:58

According to the term sheet, which was picked up by equity analyst at Keefe, Bruyette & Woods, Sanjay Sakhrani, Apple Pay will receive 15 basis points (0.15 percent) per credit... read more

07 Nov 14 @ 13:28

American Express this week launched a tokenisation service in the US that aims to replace payment card numbers with unique tokens. “With American Express Token Service, traditional card account numbers... read more

03 Nov 14 @ 16:04

NXP Semiconductors has introduced the PN66T module: the “most comprehensive solution for secure NFC mobile transactions”. The module combines a highly secure Smart MX2 element (P61), NFC radio, operating system and... read more

30 Oct 14 @ 12:14

Visa and MasterCard have welcomed China’s plans to open up its market for clearing domestic payment card transactions, as they stand to gain access to a growing market worth more than $1... read more

28 Oct 14 @ 13:51

Visa Europe says that V.me is now in pilot with Member banks in Norway, Sweden, Italy and Germany, taking the number of markets live or in pilot across Europe to 9.... read more

24 Oct 14 @ 15:45

The payments industry is approaching an inflection point with respect to whether the mobile wallet and mobile payments could become a viable every day payment tool. More and more consumers are... read more

21 Oct 14 @ 09:23

I was prepared for Mobey Forum’s third annual Mobey Day event to be a lively affair. Bringing banks together with, amongst others, GSMA, chip manufacturers and mobile payment software providers... read more

20 Oct 14 @ 16:19

The Payments Security Task Force (PST) has announced a forecast of participating acquirers estimating that at least 47% of US POS terminals will be enabled for EMV chip technology by the end... read more

16 Oct 14 @ 10:20

MasterCard and Visa has recently released the technical specifications for tokenization. Tokenization is the next generation security for mobile cloud based payments and other secure mobile services. “We started the... read more

13 Oct 14 @ 17:21

A total of 205 billion card payments were made worldwide in 2013, a rise of 13% on 2012, according “Global Payment Cards Data and Forecasts 2013-2019”, a new report from... read more

10 Oct 14 @ 15:30

The recent card scheme cross border acquiring (CBA) concessions have created a new model for cross-border acquiring. By default they have become the European Commission’s ‘Plan A’ as a result... read more

10 Oct 14 @ 13:57

E-commerce merchants based outside of the UK could be losing out on vital global sales from Generation Y by failing to convert browsers into buyers at the checkout. New research[1]... read more

09 Oct 14 @ 13:57

CaixaBank, Spain’s innovative financial services provider, is preparing for its commercial launch of contactless EMV payment wristbands. These wearable banking devices, certified by the international payment schemes, give CaixaBank customers... read more

29 Sep 14 @ 09:34

The rollout of chip and PIN credit cards could cost $8.6 billion or more. Some experts say it’s not worth it – that the technology is already obsolete, and that... read more

16 Sep 14 @ 13:55

The launch of RuPay in India and plans for a Russian payment network indicate a resurgence in domestic schemes, but at what cost to the international players? While Europe’s banks... read more

16 Sep 14 @ 11:21

The global market for smart cards  will see steady growth due to the increasing emphasis on the Europay, MasterCard and Visa (EMV) standard in the payment and banking vertical. In... read more

16 Sep 14 @ 09:02

In the wake of Transport for London (TfL) going fully contactless across its travel network, Visa predicts Brits will make 500 million contactless payments between now and December 2015. Transport... read more

12 Sep 14 @ 12:53

Joe Oliver, the Canadian Finance Minister, is said to be pressing credit card companies and banks to accept lower credit card fees paid by retailers, which the government claims are among... read more

12 Sep 14 @ 11:16

Citigroup has claimed to be the first global bank to introduce its own branded digital wallet in the US. However, questions are being asked as to how many of Citi’s... read more

11 Sep 14 @ 10:36

UK retailers have today welcomed an historic court ruling to end card fees retailers pay banks to process card payments (known as interchange fees). Today’s judgement by the European Court... read more