All articles by Verdict Staff

Verdict Staff

MasterCard teams up with Sage Payment to boost Masterpass acceptance

MasterCard has collaborated with Sage Payment Solutions to boost acceptance of its mobile payment solution Masterpass.

NBAD partners with Ripple to offer blockchain payments

National Bank of Abu Dhabi (NBAD) has partnered with blockchain payments company Ripple to launch real time, cross-border payments based on blockchain technology.

Quatrro partners with MasterCard for transaction processing services

Quatrro Processing Services, a payment processing and fintech services provider in India, has won the contract of being the Type 1 third party processor from MasterCard.

WEX, HitchHiker collaborate to provide seamless payments to German travel industry

WEX, a provider of corporate payment solutions, has signed a new virtual payments agreement with HitchHiker, a Germany-based provider of software solutions for the global travel industry.

MasterCard Q4 net income up 4.8%

MasterCard has reported a net income of $933m, or $0.86 per diluted share, for the fourth quarter of 2016, an increase of 4.8% compared to $890m, or $0.79 per diluted share, in the prior year quarter.

Fattmerchant, Axiom Bank collaborate to offer merchant processing services to SMEs

Fattmerchant, a merchant services provider, has teamed up with Axiom Bank to provide flat rate payment processing to its customers, focusing on small business needs.

Coles completes credit card transaction with Citi

Wesfarmers, the parent company of supermarket giant Coles, has concluded the receivables sale agreement relating to Coles credit card portfolio, between Citi and Coles.

MasterCard wins legal battle over interchange fees in UK

MasterCard has won a legal battle against the UK retailers including Asda, Morrison, New Look and Next over its interchange fees levied on the use of debit and credit cards.

Government efforts to boost cards in Bahrain pay off

Use of payment cards is gradually increasing in Bahrain, thanks to the combined efforts of the government, private companies, banks and card issuers. The progressive approach to electronic payments has had a positive impact on the country’s e-commerce market with more benefits to come in the near future

Ingenico to acquire Indian payment services company TechProcess

French payment processor Ingenico has agreed to acquire 100% equity stake in TechProcess Payment Services, an India-based electronic payments services provider, for undisclosed sum.