All articles by Verdict Staff

Verdict Staff

Enjaz inks remittance deal with Bank Albilad

Enjaz, the remittance arm of Saudi Arabia’s Bank Albilad, has formed strategic partnership with multi-channel remittance service provider Transfast to facilitate remittance services to India.

Inconsistent card usage in China

China was Asia’s largest payment cards market in 2014, in terms of card transaction value and volumes, accounting for 73.2% and 38.6% respectively. Cash was the predominant payment instrument between 2010 and 2014, especially among the rural population which is yet to embrace other forms of payment

Axis Bank rolls out Display Debit Card for NRE customers

Indian private sector lender Axis Bank has introduced the country’s first Display Debit Card for its Non-Resident External (NRE) customers.

Gulf Oil introduces Gulf Visa Card

Gulf Oil, a US-based marketer of energy products, has launched the new Gulf Visa Card.

Thomas Cook (India), MasterCard partner to launch One Currency Card

Thomas Cook (India) has teamed up with MasterCard Worldwide to introduce a new travel card known as the Thomas Cook One Currency Card.

Target reaches $39.4m settlement with MasterCard and banks over 2013 data breach

US retailer Target has agreed to a $39.4m settlement with MasterCard and other financial organisations in connection to the retailer’s 2013 data breach.

Grupo Financiero Banorte extends multi-currency processing deal with Planet Payment

Mexican banking and financial firm Grupo Financiero Banorte has extended its multi-currency processing agreement for another three years with Planet Payment, a provider of international and multi-currency payment processing services.

Visa launches online checkout service in Hong Kong

Visa has launched its online payment service Visa Checkout in Hong Kong following its launch in the US, Canada and Australia in July 2014.

Tedipay, CardsMobile partner to drive mobile payments in UK

British startup Tedipay has partnered with Russian contactless payment solution provider CardsMobile to create an open wearables platform for mobile payments and smart transit ticketing.

FreshBooks to launch mobile card reader for small businesses

FreshBooks, a cloud-based accounting software service, has unveiled plans to release mobile card reader to enable small businesses securely accept credit card payments on-the-go using their mobile device.