All articles by Verdict Staff
Verdict Staff
Debit cards drive Visa Europe growth
Visa Europe has posted a record growth in 2012, underpinned by consumers increased use of debit cards and e-commerce. However the company reported declining POS spending volumes and a significant drop in the number of new processing agreements.
US Bank to trial iPhones NFC payments
US Bank will trial an iPhone NFC payment service in Salt Lake City and Portland.
Digital Processing Solutions signs agreement with Payment Alliance International
Digital Processing Solutions, developer of the patent pending fundraising software (Digital Donations), announced today an agreement with Payment Alliance International (PAI) to provide the Digital Donations technology directly to retailers and its Market Partner reseller network around the country.
Country Survey: Hungary
The rapid migration of magnetic stripe payment cards to EMV-embedded chip-and-pin technology in Hungary is fuelling growing demand for debit cards. But rising unemployment and harsh austerity measures are curbing consumer spending for the electronic payments industry. Maryrose Fison reports.
Looking back at 2012
It’s been an exciting twelve months in cards and payments, Cards International looks back on the biggest shocks, successes and statements from 2012
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Predictions 2013: Philippe David, chief executive, Welcome Real-time
Alternative payment schemes will make further inroads into the traditional bricks-and-mortar payment space and are likely to further disrupt the existing business model of many payment providers. Reduced interchange fees will entice merchants to move over and alternative providers will expand upon the complimentary value-added services such as loyalty and promotional platforms that are often provided to the merchant.
Predictions 2013: Richard McMurdo, principle consultant at Talaris
Over the past year, the media hype around mobile technology, contactless payments and a cashless society has continued to dominate the headlines. However, when you take a closer look, it’s clear that while digital transactions may have their place, cash remains at the heart of bank branch operations as a payment method of choice for consumers.
Comdata expands availability of tailored payment solutions in Canada
Comdata Corporation, announced the expansion of its payment solutions into Canada.
Etisalat partners with United Bank to expands payment gateway service to Pakistan
Etisalat, a telecom operators in the Middle East, made its entry into a new international market in partnership with leading retail bank United Bank by extending Etisalat Payment Gateway services to Pakistan.
Edokeda Trading files federal RICO lawsuit against credit card processing companies
Edokeda Trading has filed a civil lawsuit in US District Court under the Racketeer Influenced and Corrupt Organizations Act (RICO), the Consumer Fraud Act as well as other federal and state laws against Merchant National (MN), Pa Scout (PS), and Manpreet Singh, the Founder and Chief Operating Officer of the two aforementioned companies.