Payments

Global UnionPay Card Issuance Breaks Five Billion

The cumulative number of UnionPay cards issued globally has exceeded 5 billion and UnionPay has become Chinese residents' preferred payment brand, Ge Huayong, Chairman of China UnionPay, said at the opening ceremony of 2015 Shanghai City Campaign in Milano on June 10. Ge said secure, convenient, preferential and innovative payment services are able to make life more convenient, stimulate consumption, facilitate trade and connect to the world in... more Read more »

Creditcall Joins EMVCo

Creditcall, the payment gateway provider and EMV Migration specialist, today announced it joined EMVCo, the global technical body overseeing EMV chip card standards, as both an EMVCo Business and Technical Associate. Read more »

MasterCard and Buy Way bring MasterPass to Belgium

From now on, Belgians can put the entire content of their wallet in MasterPass, a digital platform launched today by MasterCard and implemented by Buy Way. Thanks to this digital wallet there will be no more waste of time looking for payment and loyalty cards, giving consumers the ability to make transactions in an easy and seamless way. The wallet is open, which means that in addition to MasterCard cards, consumers can use and store other... more Read more »

Apriva Provides Chip And Pin Cards For mPOS with Miura

Apriva, the leading provider of secure end-to-end wireless transaction and information solutions, and Miura Systems, the market leading UK-based mPOS platform provider, today announced their partnership and product integration. The integration will certify Miura’s M010 hardware to Apriva’s AprivaPay Plus mPOS application. Read more »

Judo Payments Will Support Apple Pay UK launch

Judo Payments, Europe’s only mobile-first payments platform, today confirms its announcement as one of the payments platform providers selected to support Apple Pay when it launches in the UK in July. The UK launch is set to transform mobile payments, providing an easy, secure and private way to pay for physical goods and services across a number of mobile apps, such as clothing, tickets and groceries in iOS apps. Judo is working with key... more Read more »

Singapore's Largest Online Marketplace To Accept DBS Mobile Wallet

For the first time, the largest local online marketplace Qoo10.sg has signed on a mobile wallet as a payment option for its customers. From mid-June onwards, customers shopping on Qoo10.sg will be able to pay for their purchases using DBS PayLah!, the fastest-growing personal mobile wallet in Singapore. Read more »

Optimal Payments Partners With RentMoola

Optimal Payments (LSE AIM: OPAY), a leading global online payment solutions provider, has partnered with RentMoola, a Vancouver-based service that transforms conventional rent and condo fee payments of cash and cheques to virtual currency for tenants, property managers and owners. Through this exclusive partnership, RentMoola is able to offer fully automated, real-time payment and onboarding services for merchants and customers via Optimal... more Read more »

Connective Opens Office in Netherlands

Connective, a leading provider of e-signatures, e-transactions and e-mandates solutions announces today that is has opened its Dutch office in The Hague, the Netherlands. Starting a new office is a direct result of the growing demand of our client-base as well as strong interest from various financial industry sectors in the Netherlands. The local presence will allow Connective to stronger align with client and market-specific needs and... more Read more »

Vodafone Turkey Adds Eye Verification Tech To Mobile Wallet App

Vodafone's Turkish arm is using technology from EyeVerify to enable customers to open its mobile wallet simply by looking at their handsets. Vodafone Cep Cüzdan mobile wallet users with iPhones can now register their 'eyeprint' by snapping a photo. From then on, to access the app they will be prompted to take a selfie. The feature uses EyeVerify's Eyeprint ID technology, which maps the unique veins in eyes and creates a digital key equal to a 50... more Read more »

Compass Plus survey reveals industry expectations for mobile technology are immobile

Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has revealed the results of their recent research shows industry professionals believe mobile payments, NFC and contactless technology will reach mass adoption within five years despite previous results indicating they should already be mainstream. Read more »

Visa and FireEye Join Forces to Help Merchants

Visa Inc. (NYSE:V) and FireEye, Inc. (NASDAQ:FEYE) today announced their intention to co-develop tools and services to help merchants and issuers protect against advanced cyber attacks targeting payment data. Read more »

Visa Europe claims mobile payments will go mainstream within the next year

Smart devices are on track to replace cash and cards as UK mobile payments are projected to hit over £1.2bn a week by 2020, according to research by Visa Europe. The study, conducted by Visa with 12,015 European consumers, found that one in four Brits expects to use their mobile phone to make payments on a daily basis by 2020, growing from the one in 12 who do so already today.  Read more »

£2.3bn wasted by UK companies on non-EU international payments in 2014

 UK companies wasted more than £2.3bn on non-EU international payments in 2014, according to a report from FXcompared Intelligence, the independent research division of FXcompared. A lack of awareness of better bank rates or non-bank foreign exchange and international money transfer services is revealed to unnecessarily add billions of pounds to the cost of exporting and importing, with SMEs suffering disproportionally. Read more »

MasterCard Announced Its Partnership With Premier Bank

At the World Economic Forum on Africa today, MasterCard announced its partnership with Premier Bank, becoming the first international payments network to enter Somalia. As a result of the partnership, Premier Bank will now issue and accept the first MasterCard-branded payment cards in Somalia, a country which hasn't had any form of formal banking service since the collapse of the government and financial services system in 1991.  Read more »

ING and Equens introduce efficient alternative to existing mandates : Launch of first digital direct debit mandate

Utrecht, the Netherlands, 2 June 2015 – Starting the 1st of June, customers of businesses and government agencies can pay for products and services using secure digital direct debit mandates (e-Mandates). ING is the first bank in the Netherlands to provide the e-Mandate service for its corporate customers. The e-Mandate service enables organisations to offer payment by direct debit through their websites. Equens, one of Europe’s largest payment... more Read more »

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