All articles by Verdict Staff

Verdict Staff

iZettle cuts transaction fees for merchants in the UK

Mobile payments company iZettle is to lower its standard transaction fee of 2.75% for small UK merchants that take in £2,000 a month.

Braintree collaborates with Simple to offer one-touch mobile banking with Venmo Touch

Global payment platform Braintree has collaborated with mobile bank account provider Simple to offer customers access to Venmo touch.

Canadian Competition Tribunal dismisses Visa and MasterCard credit card fee case

The Competition Tribunal in Canada has dismissed the case against card giant’s Visa and MasterCard that argued the companies’ rules that prevent merchants from imposing surcharges on customers paying with credit cards are anti-competitive.

SocGen merchants accept UnionPay cards in France and Monaco

Société Générale’s merchants in France and Monaco will now accept UnionPay cards after France’s third largest bank by assets signed an agreement with UnionPay International.

UK’s Payments Council announces the 33 banks in account switching service

The Payments Council, a body that oversees UK payments strategy, has revealed a list of banks that will participate in the new current account switching service when it launches in September 2013.

iPhone enabled prepaid wallet moneto launches in UK

Prepaid mobile wallet, moneto, the result of a partnership between payments company Kalixa Group, technology company DeviceFidelity and MasterCard, has launched in the UK.

Profile: Ukash sets aim on digital wallet market

E-commerce voucher vendor Ukash plans to transform itself into a digital wallet provider. “We want to convert Ukash into a full e-money ecosystem offering cash-in and cash-out capabilities,” Ukash CEO David Hunter tells Robin Arnfield

MasterCard and Visa seek to ban credit card signatures in Australia

Card giants MasterCard and Visa have lodged a joint application with Australian competition regulators to ban credit card signatures in a bid to reduce card fraud.

China’s Sina to launch online banking service

Chinese online media company Sina is to launch an online banking platform called WeiBank later this year.

Diebold teams up with Paydiant for cardless ATM withdrawal

US ATM manufacturer Diebold and mobile wallet provider Paydiant have entered into a joint venture to develop a solution that will enable consumers to withdraw cash from ATMs using their smartphones.