All articles by Verdict Staff
Verdict Staff
US: MasterCard extend debit payment relationship with KeyBank
As a result of the new multi-year contract, Ohio-headquartered KeyBank hopes to continue to provide its consumer and business customers with security when they use their debit card online, in stores or at an ATM A joint statement said that KeyBanks Debit MasteCard programme will add the capability for PIN-based transactions along with established signature purchases and ATM withdrawal functionalities
MasterCard unveils East African headquarters
The global payments technology company already has established operational offices in the north and south Casablanca, Cairo and Johannesburg, and hopes to strengthen ties in the east of the worlds second most populous continent The Nairobi office will act as MasterCards liaison office for customer banks, business associates and consumers in its main markets of Kenya, Tanzania, Mauritius, Ethiopia and Uganda, as well as across the rest of the East African region, bringing the organisations knowledge of electronic payments best practice to these markets.
Visa Canada taps into mobile payment parking system
As part of the service which is in partnership with Imperial Parking Canada, drivers at payWave enabled Impark parking lots will be able to pay by waving their cards at terminals It follows a similar deal struck in the US between PayByPhone and the San Francisco Municipal Transportation Agency to provide mobile payment parking for the West Coast city in December 2011
GE Capital expands credit card programme portfolio with toy retailer
GE Capital Retail Bank has expanded its credit card programme portfolio by partnering with global toy retailer, Toys R Us The US-based bank will provide a consumer credit card programme for the retailers US stores The credit card programme will include a private label credit card and co-branded card that aim to provide cardholders with benefits and convenience
T-Mobile implements Square credit readers in US stores
Squares device allows people to make payments by swiping a credit card through a Square dongle, which can b plugged into the end of a smartphone T-Mobile said the deal is good news for small businesses who want to accept credit card payments in the US anywhere and at anytime.
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MasterCard joins Visa in mapping US EMV migration
MasterCard has followed Visas initiative by unveiling its own recommendations on how best to make the switch to EMV in the US The network has set out plans to offer merchants financial incentives to encourage the roll-out of EMV-compatible terminals, and has designed a framework for acquirers aimed at ensuring the infrastructure is in place by 2013.
Citi updates iPad app with credit card account analysis tools
Citi has launched what it has called the first account analysis tools for US credit card users, enabling users to view graphs and visual representations of their accounts and transactions Citi pointed to the positive feedback it had received from bank users regarding its iPad app, and decided to provide credit card customers that same advanced access to mobile financial management
PaymentOne provides mobile payment option for Live Gamer
PaymentOne, a mobile payment and billing provider, has partnered with digital commerce company, Live Gamer, to provide the company with additional mobile payment options Liver Gamer will integrate PaymentOnes AnyPhone platform which offers users a way of making in-game purchases with their mobile phones PaymentOne said its solution provides high conversion rates and the ability to process payments within 7 days
Canada: Payfirma updates m-payment app
Canada-based mobile payment provider Payfirma has updated its mobile payment app with a faster and easier credit card acceptance feature for iPhones and iPads. Payfrima said the app allows business to access real-time transaction reporting with daily, weekly and month-to date sales, enabling merchants to manage their business more effectively
Gift cards: know your market
Christine Toner considers the importance of cultural differences to the development of closed loop gift products, and looks at where the biggest opportunities could lie.