All articles by Verdict Staff

Verdict Staff

China suspends mobile payments using QR codes: Reports

The People’s Bank of China has temporarily suspended the use of virtual cards and payments based on Quick Response (QR) codes, as the government moves to put in stringent regulations on online financial products.

GE files for IPO of North American Retail Finance business

General Electric (GE) has filed for an initial public offering (IPO) of its North American Retail Finance business, as part of the company’s planned staged exit from that business.

State Bank of India unveils new payment gateway service

State Bank of India (SBI) has launched a new payment gateway service, SBIePay, to facilitate e-commerce or m-commerce transactions.

Which came first, the mobile payment or contactless?

Data provided by WorldPay displays the potential and existing growth of contactless payments in the UK. Sebastian Whale evaluates the data against Bain & Company’s report on mobile payments

Google adds order tracking feature to Wallet app

Google has added order tracking feature to its digital wallet app, Google Wallet, for Android and iOS users.

Country Survey: Argentina

The Argentinian cards and payments channel has grown well over the last few years, with further good grow on the horizon. Increases to competition and the modernization of the payments system as speeded up this growth although the industry is being held back associated costs. CI reports

Singapore to regulate virtual currency intermediaries

The Monetary Authority of Singapore (MAS) has outlined plans to regulate virtual currency intermediaries, to address potential risks relating to money laundering and terrorist financing.

Barclay and TMC launch new Fuel+ card

Barclaycard Business Solutions has teamed up with The Miles Consultancy (TMC) to launch a new fuel card, Fuel+, designed to help drivers and fleet managers.

PayWith develops new mobile payment solutions

Vancouver-based PayWith has developed new mobile payment solutions, an app that allows merchants and shoppers to perform in-store transactions with their mobile devices and a mCard.

Beacon payments begin Luxembourg roll out

Digicash, the Luxembourg bank backed payments program, has begun trialing Beacon based payments in some of the country’s retailers.