All articles by Verdict Staff

Verdict Staff

National Bank of Oman, MasterCard to launch pilot project for contactless payments

National Bank of Oman (NBO) has partnered with MasterCard to launch a pilot project to introduce TapNGo contactless payment technology in Oman.

Ability Commerce, Vantiv to launch integrated payment processing solution

Ability Commerce, a provider of direct commerce enterprise resource planning (ERP) retail software, has entered into an agreement with Vantiv, a provider of payment processing services, to launch a fully-integrated eCommerce payment processing solution for its clients.

Samsung to launch mobile payments service to China and Europe

Technology firm Samsung Electronics is planning to expand its mobile payments service Samsung Pay to other markets such as China, Europe, Australia and South America.

SafeCharge forms strategic partnership with FinTech Group

SafeCharge, a provider of payments services and technology, has formed a strategic partnership to acquire a 5% equity stake in German-based FinTech Group by investing about EUR10m.

JetPay partners with Rezzcard to launch new MAC Visa prepaid card

JetPay, a US-based card and payments processor, has partnered with Rezzcard, a rent payments and mobile communications company, to launch MAC, a Visa-branded prepaid debit card.

RBC announces new app to enhance security of mobile payments

Royal Bank of Canada (RBC) has announced to launch a new app that provides increasing security of mobile payments for Canadians.

WEX, GE Capital launch new over-the-road fuel card program

WEX, a US-based provider of corporate payment solutions, has teamed up with GE Capital Transportation Finance to launch a new fuel card services program for over-the-road trucking (OTR) companies.

Federal Bank unveils new payment application Scan N Pay

India-based Federal Bank has rolled out a new a mobile-based payment app that enables customers to instantly transfer money to any Federal Bank account via android phones.

Alizz Islamic Bank implements OMA Emirates’ instant card issuance solution

Oman-based Alizz Islamic Bank has implemented OMA Emirates-Solution Gulf’s instant card issuance solution across its branches.

Country Report: The UK

The UK is Europe’s largest and most highly competitive industry for payment cards, accounting for 17.6% of Europe’s total transaction value in 2014, as well as 20.3% of its transaction volume that year. The UK payment cards market is mature, with a high penetration of credit and debit cards throughout the country