All articles by Verdict Staff
Verdict Staff
PayPal partners with Australian eateries to expand offline payment operations
PayPal Australia is to collaborate with hospitality technology companies EatNow and OrderMate to expand its cashless and cardless payment option into Australian restaurants, cafes and bars.
Mobile payments an open goal for the banking industry
Two words have reverberated around the payments industry for several years now. From banks to telecom companies and retailers to cards issuers, everyone wants a piece of the “mobile payments” market.
Multi-channel consistency key to driving revenue from loyalty
The Digital Banking Club’s second live event explored how banks can turn loyalty into revenue by stepping up their digital game. Sponsored by Intelligent Environments, the Club gathered a panel in London’s Ritz Hotel to hash it out. Billy Bambrough reports
Heartland Payment Services joins forces with i2c for prepaid card programme
Payments processor Heartland Payment Systems and commerce solution provider i2c are to collaborate on the National Restaurant Association’s Edge prepaid card programme.
A certain feeling of déjà vu
With a certain feeling of déjà vu, the European Commission is again gunning for the major card issuers. The EC has been trying to sort out alleged anti-competitive behaviour by MasterCard and its larger rival Visa since 2007. It is all to do with interchange fees – the charges paid by retailers on card transactions. Merchants argue that card companies unfairly overcharge them; in the other corner, the card companies contend that the fees are justified by the services they offer in return, such as easy payment collection.
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Consumers more likely than ever to switch providers – FICO and Efma
FICO and Efma have released their eighth European Credit Risk Managers survey, showing that bankers believe consumers are more likely than ever to take action and switch their card or account provider if unhappy. Billy Bambrough takes a closer look at the report
European Commission seeks to cap all card fees
The European Commission (EC) will reportedly propose a 0.2% cap on all credit and debit card transaction fees sometime next week.
ECB report shows card fraud is on the decline
Card fraud in Europe is continuing to decline, however fraudsters have begun to migrate to countries with less developed anti-fraud technology, says the European Central Bank (ECB) in a report from Eurosystem.
Visa joins forces with EATP to promote tourism expenditure
Payments giant Visa will enter into a year long collaboration with the East African Tourism Platform (EATP) to strengthen and promote inbound tourism expenditure.
CB Bank to be first to issue Visa and MasterCard cards in Myanmar
The Co-Operative Bank (CB Bank), the second oldest commercial bank in Myanmar, has revealed it wants to be the first bank in the country to issue Visa and MasterCard credit cards.