All articles by Verdict Staff

Verdict Staff

UnionPay cards to be accepted in Turkey

UnionPay cards will be accepted at all ATMs within Turkey, following an agreement between Interbank Card Center of Turkey (BKM) and UnionPay subsidary Union Pay International (UPI).

The credit gap is shrinking

Despite a negative economic outlook, a survey on European credit risk suggests that consumers are set to demand more credit, while banks are willing to encourage this demand. Sara Perria looks at the consequences of this trend.

MasterCard and Alibaba Group sign MOU

Alibaba Group, the largest e-Commerce company in China, has signed a Memorandum of Understanding (MOU) with MasterCard.

Ukash partners with PayPoint on cardless cash withdrawals

Prepaid e-voucher provider Ukash has partnered with UK utility bill payments services provider PayPoint to deliver a new facility that allows cardless cash withdrawals.

Country Survey: Greece

Banks and consumers are slowly learning lessons from harsh recession. The effects of the crisis are still evident with consumers and banks wary of debt. There is a growing belief though, that it can’t get any worse. This, combined with new technologies and thriving e-commerce means that slight growth across the card market is forecast, writes Ben Carey-Evans

Bruce Willis boosts TRUST Bank’s credit card sales

Russian TRUST bank has experienced a staggering 30% growth in credit card sales, following a successful marketing campaign featuring Hollywood star Bruce Willis.

PayPal adopts e-payments code of conduct in Australia

PayPal has signed up to the Australian Securities and Investment Commission’s (ASIC) ePayments code of conduct, becoming the first major e-commerce brand to adopt the guidelines.

Smartphone shopping skyrockets in the Asia-Pacific

Computers have lost serious ground to smartphones, when it comes to online shopping in Asia, according to the latest MasterCard Online Shopping Survey.

Vodafone’s mobile wallet gains thousands of users

Vodafone has gained 210,000 users of its Smartpass in Italy since the mobile wallet was launched a year ago and it is adding 500 to 1,000 users per day, according to chief executive Vittorio Colao.

Banks in talks to sell Visa Europe

European banks may be in talks to sell Visa Europe to US Visa Inc, aiming to set up a rival payment system in Europe, according the Wall Street Journal (WSJ).