All articles by Verdict Staff
Verdict Staff
CreditCardProcessing.com to offer VeriFone-powered solution to retail customers
CreditCardProcessing.com has finalized an agreement to offer iPayment POS powered by VeriFone as its tablet based point of sale system to businesses across the nation.
ECB selects systemically important payments systems for oversight
The European Central Bank (ECB) has selected four key payment systems that are now under the new ECB regulation on oversight requirements for systemically important payment systems (SIPS).
PayToo enhances mobile wallet solution to serve unbanked segment
US-bsed PayToo has enhanced its mobile bill payment functionality with nationwide coverage, as part of its objective to provide financial services to the under or unbanked customers.
South Korea’s card spending up 5% in July 2014
South Korea’s card spending stood at around KRW50 trillion ($48m) in July 2014, a rise of 5.1% year-on-year, according to data released by Credit Finance Association of Korea.
US credit card metrics will remain near record levels, says Fitch
Chargeoffs, delinquencies and monthly payment rates (MPR) in the US will continue their drive to rarely seen levels in the short term, according to Fitch Ratings.
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Chemical Bank launches Dream MasterCard in collaboration with First Bankcard
Chemical Bank has partnered with First Bankcard, a division of First National Bank of Omaha and an issuer of credit cards, to launch Dream MasterCard.
QR code-based mobile payments cannot be controlled in China: report
The third-party payment providers in China are reluctant to give up QR code-based mobile payments despite the ban imposed by China’s central bank in March, reported by WantChinaTimes.com.
VeriFone Mobile Money, Airtel Africa to offer mobile money services across Africa
VeriFone Mobile Money has inked an agreement with Airtel Africa to offer its merchant enablement applications for mobile Tap n Pay across their 17 operating firms across Africa.
VeriFone to expand mobile payment for taxi, media services in Turkey and Mexico
VeriFone Systems will expand its taxi and media services to Istanbul, Turkey, and across Mexico’s Mayan Riviera.
Contactless payments to replace credit, debit cards by 2020, says IBISWorld
Growing demand for contactless payment will replace traditional credit and debit cards payment systems by 2020 for transactions under $100, market research firm IBISWorld has predicted.