All articles by Verdict Staff
Verdict Staff
WePay forays into UK market
WePay, a provider of payments-as-a-service for online platforms, has expanded its services into the UK to expand its reach into the white label payment sector including crowdfunding and other marketplaces.
Indian digital payments market to worth $500bn by 2020: Google-BCG study
The size of digital payments industry in India will be $500bn by 2020, accounting for 15% to the countrys gross domestic product (GDP), according to a report by Google and Boston Consulting Group (BCG).
Majority of Americans expect cash to become obsolete in their lifetime: Gallup survey
Nearly two-third (62%) of Americans expect the US to become a cashless society in their lifetime, with all purchases being made with credit cards, debit cards and other forms of electronic payment, according to a new Gallup survey.
Visa to open new office in Silicon Valley
Visa has unveiled plans to open a new facility in Silicon Valley to accelerate digital commerce internationally.
Singapore’s LTA, MasterCard launch pilot to allow contactless transit fare payment
Singapore’s Land Transport Authority (LTA) has partnered with MasterCard to launch an Account-Based Ticketing System pilot in Singapore by the end of 2016.
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Cardlytics buys Aimia’s UK card-linked marketing business
US-based Cardlytics has acquired Aimia’s UK card-linked marketing business for a non-cash consideration.
iQmetrix to integrate its POS system with Ingenico’s smart terminals
Retail management solutions provider iQmetrix is set to integrate its point-of-sale (POS) system with Ingenico Groups smart terminals to provide EMV-enabled payment solutions to US retailers.
GH Capital launches online payment gateway ClickDirectPay in Europe
GH Capital, a diversified holding company, has launched ClickDirectPay, its first fintech product in Europe.
One Horizon unveils new cashless payment service for mobile telcos
One Horizon Group, a developer of carrier-grade VoIP solutions, has launched a new Android mobile wallet for mobile operators to enable users to purchase call credit using their debit or credit card.
Russia working on its inclusion
Russia has made substantial progress in terms of financial inclusion, with numerous government programmes to promote use of card payments and other services. Economic issues and sanctions against the country following the conflict in Crimea have created challenges, although e-commerces growth is a positive step forward