All articles by Verdict Staff

Verdict Staff

Card payments surpass cash in South Africa: FNB

The payments made by consumers through non-cash modes have surpassed the cash withdrawals from ATMs by R800m ($78.4m) in South Africa, according to First National Bank (FNB) of South Africa.

EMVCo’s proposed chip-card protocol design meets security goals, say Bristol researchers

Researchers from the University of Bristol have successfully validated the proposed protocol design for the next generation payment technology, developed by EMVCo.

Around 37% of Nigerians unaware of mobile money transfer services: Report

Around 37% of Nigerians have been found to be unaware of mobile money transfer services and also do not use the payment platform, according to a report by Nigerian business and management consulting firm Philip Consulting.

SBA warns bank clients against card skimming in South Africa

Bank clients, especially those travelling to South Africa, have been warned by the Swaziland Bankers Association (SBA) to be on the watch out for card skimming frauds.

UIC, IEM to offer contactless technology for French parking market

Global payment solution provider Uniform Industrial Corporation (UIC) has joined forces with IEM, a European parking and public transportation ticketing company, to offer their new contactless technology to the French parking market.

Encash ATMs ready to accept Visa cards

The ATM machines operated by Electronic Network Cash Tellers (Encash), an independent ATM distributor in the Philippines, are now technically equipped to facilitate transaction by VISA International cardholders.

Travis Credit Union implements ACH Federal’s payment system

US-based Travis Credit Union has implemented ACH Federal’s PaymentsHQ processing platform with an aim to simplify the federal and state tax addenda format required by NACHA.

Merseyrail to launch contactless payment technology

British train operating company Merseyrail has teamed up with MasterCard and Global Payments to launch contactless payment technology across its network.

Two Degrees Mobile, GE Capital begin mobile wallet trial

Two Degrees Mobile, a New Zealand-based mobile phone provider, and GE Capital have begun trial of their new mobile wallet, which allows users to make payments by credit card through their mobile devices.

Green Dot and Walmart launch a suite of six prepaid debit cards

Green Dot and Walmart have rolled out a suite of six new prepaid debit cards under the portfolio of its Walmart MoneyCard to fulfil the requirements of their growing customer base.