All articles by Verdict Staff

Verdict Staff

Global Payout, Mi Adelante and MasterCard to offer prepaid cards in Mexico

Prepaid cards have already started to take off in Mexico and a report by Speer & Associates, titled Prepaid cards in Latin America, a rising tide, predicted that Mexico would account for 25% of the estimated $160bn Latin American prepaid card market by 2015

Citadel EFT to join Canadian market

Credit card processing service provider Citadel EFT is in talks with merchant services provider Pivotal Payment Processing in a bid to expand its service offerings into the Canadian market.

ViVotech POS terminal ready for market

NFC software and systems provider ViVotech has announced the immediate availability of a new POS terminal that could save merchants more than $2bn a year.

American Express partners Groupon Hong Kong

American Express and Groupon Hong Kong have teamed up to allow customers to redeem Groupon cash vouchers at a saving of 60%.

Wary retailers stymie mobile payments

KPMGs 2011 Mobile Payments Global Survey garnered responses from almost 1,000 executives in the financial services, technology, telecommunications and retail industries in order to identify the mobile payments adoption barriers and opportunities. Louise Naughton reports

RBS bans the use of rival ATMs

RBS basic accountholders are soon to be barred from using ATMS operated by rival banks. Customers with basic accounts are already restricted from having an overdraft or using a cheque books and they will now also be limited to using RBS, Natwest, Tesco or Morrisions card machines

Online shopping not immune to tough times

The IMRG Capgemini e-Retail Sales Index recorded growth of the online sales sector at its lowest since January 2010, with the travel sector being hit the most.

Cielo rolls out payment processing network

Brazilian merchant acquirer and payment processor Cielo has joined forces with mobile solutions and fixed line networks NewNet for the rollout of their nationwide payments processing network.

DIAS pushes Greece national switch live

Greeces payments infrastructure has gone live with SmartSwitch – the switching and routing solution within e-payments solutions provider Banking Technologies (BPC) SmartVista suite.

Irish consumers embrace e-payments era

The Irish Payment Service Organisation Ltd (IPSO) has revealed consumers in Ireland are finally making the move to conducting low cost e-payments through online banking channels as well as switching to debit cards from cash.