All articles by Verdict Staff
Verdict Staff
Change in the air
The weather is changing, and we are moving into a new season. The months between August and November are quickly becoming known as Prepaid Season. Which is kicked off in fine style by MasterCard’s excellent annual European Prepaid Conference.
Learning from Freedom’s failure
Barclaycard’s decision to scrap its Freedom loyalty programme is no great shakes really. At its launch it was heralded as the future of loyalty programmes – driven by point-of-sale technology and playing heavily on Barclays Merchant Services’ ability to sign up retailers.
The rise of the mobile merchant
Merchant acquiring is the in thing once more! From Brazil’s Cielo making moves in the US to Hypercom spin-off Spire starting to get its stuff together, the point-of-sale is starting to see real action.
Consumers say they will not benefit from lower interchange fees
The majority of consumers believe the cost of using a payment card will increase if interchange fees for retailers are lowered, a study has shown.
payvelen launches chip-and-pin mPos
Berlin headquartered payleven has launched an EMV-based m-POS device, claiming to be the first company to provide a chip-and-pin mobile payment solution in continental Europe.
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emu launches first cloud-based m-payment service
UK start-up emu has launched a cloud-based point-of-sale service that allows merchants to process card transactions with mobile devices.
2012 Prague Prepaid Summit Europe: Eastern optimism
VRL Financial News held its annual Prepaid Summit Europe in Prague this year the first time the event had taken place in Eastern Europe. Sara Perria reports on emerging prepaid possibilities.
American Express to refund customers USD85m
American Express has agreed to refund customers USD85m, after an investigation on misleading and unlawful marketing and fees charging practices conducted by a number of US consumers protection authorities.
UK cards fraud losses increase
Cards fraud losses rose by 9% in the first half of 2012 in comparison with the same period last year, driven by an increase in the amount of money lost in online frauds, according to the UK Cards Association.
MasterCard supports Cashless Lagos initiative
MasterCard has announced its first partnership with a retail outlet in Nigeria to support the Cashless Lagos initiative, a programme put forward by the Central Bank of Nigeria to boost electronic payments in the country.