All articles by Verdict Staff

Verdict Staff

UnionPay expands card acceptance network in Canada

UnionPay has extended its cooperation with Global Payments, an international provider of payment processing services, to expand the local UnionPay acceptance network enabling more Canadian merchants to accept UnionPay cards.

MasterCard to purge password usage for online payments

MasterCard has confirmed its plans to eliminate password requirement in online payments to enrich online transactions experience with fewer password interruptions at the point of sale.

Best Buy Canada sells credit card portfolio to Desjardins Group

Best Buy Canada, a wholly-owned subsidiary of multi-brand retailer Best Buy, has off-loaded its proprietary credit card portfolio to a Quebec-based financial cooperative Desjardins Group.

Hypotherkarbank Lenzburg, SIX launch contactless debit card in Switzerland

Hypotherkarbank Lenzburg, an Aargau-based regional bank, together with global technology company SIX Payment Services, has introduced contactless debit cards to the Swiss market.

Nedbank tests new mobile payments app

South African lender Nedbank is testing a new mobile payments app to better connect retailers to customers using in-store beacons.

Skrill expands payment options for Second Life

Digital payments company Skrill has teamed up with the American digital entertainment developer Linden Lab to integrate the Skrill Digital Wallet as a payment option for users of Second Life, a real-time multiplayer virtual world.

Five by Five partners Wirecard for mPOS technology

Five by Five, a European payments solution provider for small and micro merchants, has entered into a strategic partnership with Wirecard to implement an mPOS solution for the new AgentCASH mobile payment system in the majority of EU countries beginning with Croatia.

China Jo-Jo Drugstores, Alipay to launch online payment service

China Jo-Jo Drugstores, a China-based pharmaceutical and health care products retail and wholesale distributor, has signed a service agreement with Alipay to launch an online payment service for its customers.

Commerce Bank launches new credit card payment features

Commerce Bank, a subsidiary of the US-based Commerce Bancshares, has introduced a set of payment features called toggle to improve customer control over credit card personal finances, allowing users to manage all spending and borrowing on one card.

2C2P, Myanmar Citizens Bank introduce reloadable prepaid cards

The Southeast Asian payment services provider 2C2P and a private sector lender Myanmar Citizens Bank (MCB) have launched of a re-loadable prepaid card branded Citizen Card.