Visa denies iZettle in Nordics
Visa Europe has said that mobile POS service iZettle does not meet its standards for acceptance devices, preventing the company…
ByMonth: July 2012
Sprint Nextel and T-Mobile to carry Payvia m-payment platform
TelcosSprint Nextel and T-Mobile are to carry Payvia m-payment and direct carrier billing services Payvia merchants will now ne able…
ByCielo profits rise by 30% in one year
Brazilian biggest merchant acquirer and payment processor Cielo posted a 30% growth in profit up to BRL549m ($270 million), beating…
ByBofA adds EMV to consumer credit card portfolio
Bank of America has announced the roll-out of EMV technology across key parts of its credit card portfolio. The bank…
BySquare to bring in $200m in funding
Mobile payments company Square is to raise some $200 million in new funding from private-equity investor Suhail Rizvi bringing the…
ByEU to file complaint against Visa interchange fees
The European Unions antitrust commission is to file a formal compliant against Visa over its interchange fees in the Euro…
ByAn unsettling settlement
Following the USD7.25 billion settlement of the seven-year-old antitrust lawsuit over credit card interchange rates, Visa, MasterCard and the issuing…
ByWill your bank do MyBank?
Designed as a pan-European, SEPA-compliant OBeP system, the initiative hopes to provide a universally-accepted method for e-commerce transactions But, asks…
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