All articles by Verdict Staff
Verdict Staff
Merchants give Voice Commerce the thumbs up
The number of small and medium businesses trading on Voice Commerce’s Voice Transact platform has increased 73 percent in the first quarter of the year.
SIA-SSB tailors to business strategies
IT solutions provider SIA-SSB has developed three versions of new technology infrastructure for payment institutions dependent on their strategic approaches The platform Payment Institutions EASY BOX allows the new players to exploit the opportunities arising from new payment services by reorganizing their business models The new solution provided by SIA-SSB to payment institutions in the Software as a Service mode includes application management, facility management, back office and consulting
M-banking uptake drives MTN
MTN Group’s financial results for the year ended December 2009 show that, despite the financial uncertainty that has swept the world over the past two years, the company is reaping the benefits of its increasing focus on m-payments.
Visa cuts debit interchange to 20bps
European competition commissioner Joaquin Almunia has welcomed commitments by Visa Europe to “significantly cut” its multilateral interchange fees (MIFs) for debit card payments. Visa Europe has proposed to cut its intra-regional MIF – the fee it charges on each debit transaction in the European economic area – to 0.2 percent, the same level MasterCard agreed to reduce its own debit MIF to in April 2009 Both Visa Europe and MasterCard have been forced to reduce the fees after undergoing antitrust investigations by the Commission in recent years
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ECAS and PayPal to provide online payments to Singapore merchants…M-payment solution for Apriva in US…Online money-transfer service available in Brazil…
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TazCard product aims to drive NFC payments
INSIDE Contactless, Sagem Orga and TazTag have teamed up to test a new method of delivering near field communication (NFC) payment functionality.
Two clear business models for NFC
There are two clear business models for incorporating near-field communucation technologies into mobile phones, according to a report released by industry body GlobalPlatform.
Target drops Visa in bid to up sales
American discount store chain Target Corporation has announced plans to discontinue Target Visa credit cards in a bid to generate greater retail sales. The switch to Target credit cards, which will become effective at the end of this month, comes after research undertaken by the discount store shows that guests tend to spend more at Target when issued a Target credit card instead of a Target Visa. Jennifer Doidge, senior business leader for corporate relations at Visa Inc told CI: We respect Targets business decision to move ahead promoting their proprietary cards
Dubai plan to shift transport chip onto bank cards
A new initiative to create a single card for use on public transport in Dubai has been pitched to local banks by Emirates Roads and Transport Authority (RTA).
US department store joins RegaloCard network
Almacenes Siman, the largest department store chain in Central America, has become the latest member of RegaloCards mobile payments network