In a move that is expected to boost the worldwide use of smartphones and tablets as point-of-sale terminals, First Data, now part of Fiserv (NASDAQ: FISV), is enabling merchants to use their own devices to accept payments of any amount without any additional hardware.

The global leader in secure customer authentication solutions, MYPINPAD, last week firmly took the reins in educating the wider fintech market about a new global opportunity in mobile payments. The business kicked off its industrywide ‘I Love SPoC’ campaign at a private event on Thursday 13^th February at Level 40 of the iconic Gherkin in London.

Leading UK-based fintech Paysend launches fee-free mobile money account with multi-currency wallet and new payment features

UK-based fintech Paysend has launched the Global Account, its international mobile money account. The Global Account aims to help consumers save up to £2bn in currency conversions when spending money abroad or on overseas websites.

Analysis from Paysend reveals that consumers could save up to £1.25bn in fees when spending abroad and up to £996m when buying from overseas websites every year, using a traditional bank card.*

PPS, formerly PrePay Solutions, and a subsidiary of Edenred, the everyday companion for people at work, is delighted to have been recognised three times at the Card and Payments Awards, the UK and Ireland’s leading industry awards. 

PSD2 technology platform and interface provider, Openitio, partners with identity and regulatory checking solution provider Konsentus to offer Financial Institutions a quick and easy way to comply with PSD2 MCI publishing requirements, and the imminent March 14 deadline in UK.

London headquartered Openitio delivers ready to install PSD2 interface technology as required under the PSD2 regulation. Their Modified Customer Interface (MCI) can be configured with no impact or dependency on existing systems and, set up in days.

VR Payment, the payment specialist of the Volksbanken Raiffeisenbanken Cooperative Financial Network, presents a world premiere at EuroShop: ‘payfree’ is a payment method that is fully integrated into the purchasing process and does not require stationary checkouts.