All articles by Verdict Staff
Verdict Staff
PayPal: m- payments common in 2016
PayPal estimates that 2016 will be the year UK shoppers are able to use their mobile phones to pay for their shopping on the high street with digital money rather than cash, cheques or cards
Morpho, Moneo launch contactless card in France
Morpho has partnered with Moneo Payment Solutions to launch the MoneoPass by Morpho contactless card French smartcard technology provider Morpho is a subsidiary of Safran Group, while Moneo Payment Solutions is a micropayment services provider.
Google Wallet and Apple to force MNO cooperation in mobile wallets
The use of mobile wallets is increasing and while MNOs provide the majority of NFC-based mobile wallets, their market share will decrease between 2012 and 2016 as Google and Apple claim loyal users, new research suggests
JCB opens first branch in Middle East
Japanese JCB has opened its first branch in the Middle East, from which it will continue its card issuing and merchant acquiring business for the region. Takao Kawanishi, president and CEO of the Japanese payment brand, called the launch of the Dubai-branch a remarkable step and part of the companys expansion strategy.
Euronet gains payment acquirer status from FSA
Euronet, through its subsidiary Euronet Payments & Card Services, has been authorised by the Financial Service Authority (FSA) in the UK to provide payment services The payment processing and services provider said that this authorisation covers a range of services which include ATM and POS transaction acquiring and will allow them to apply for direct membership with the major card schemes
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Vodafone’s good deed
Earlier this year, the mobile network Vodafone launched a service in the UK, allowing people to make charity donations of £10 ($16) by SMS message
MasterCard, Telefónica offer mobile payments in Brazil
MasterCard and telecoms operator Telefnica have joined forces to offer mobile financial solutions to Vivo customers in Brazil Vivo is one of the largest wireless operators in Brazil and was acquired by the Spanish-headquartered operator last year The scheme will create a mobile wallet, enabling consumers to make payments, transfer funds, pay bill and purchase items online via their smartphones
Exclusive: credit card loan repayments at 2-year low
Payments for outstanding credit balances have dropped to a two-year low, the latest FICO Benchmark Reporting Service shows. According to the data shared exclusively with Cards International, the majority of UK cardsholders pay less of their outstanding credit balance. Conversely, the number of UK cardholders using cash advances on credit cards has hit a two-year high, FICO said.
Santander, Gemalto deploy contactless EMV card in Brazil
Banco Santander has collaborated with digital security provider Gemalto to deploy a contactless EMV-technology based card in Brazil The system is said to be the first in Brazil and will be issued to thousands of Brazilian university students over the next 12 months. It comes after similar university smart card projects became available in 12 countries, in more than 200 universities and with 5 million users
GlobalCollect to expand Latin American e-commerce with travel agency
e-payment service provider GobalCollect has partnered with Despegar, one of the largest online travel agencies in Latin America, to expand its e-commerce reach in the region The partnership is in addition to the existing deal between the two companies; GloalCollect already facilitates all Despegars international credit card payments