MeaWallet to deliver payment technology to Portuguese bank
Invuo Technologies unit MeaWallet has received a contract from a mutual Portuguese savings bank to provide its mobile contactless payment…
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Portugal: Consumer prudence favours debit card transactions
Portugal’s banking sector was badly affected by the economic crisis. Amid growing debt and falling profitability, banks were forced to…
ByCaixaBank to buy Banco BPI’s issuing and acquiring businesses
Spanish lender CaixaBank has agreed to acquire the issuing and acquiring businesses of Banco BPI for a total of €113m.…
Millennium bcp to issue UnionPay chip contactless credit cards in Portugal
Portugal-based private bank Millennium bcp has signed an agreement to issue UnionPay International’s chip contactless credit cards in its home…
Debit cards retain Portuguese stranglehold
E-commerce is driving payment card market growth in a country still feeling the effects of the banking crisis, but it…
ByDebit dominates Portugal’s card market but e-commerce and NFC are on the rise
Portugal was hit hard by the global financial crisis, which severely impacted the countrys payment cards market. Debit cards are…
ByUnionPay to expand card acceptance in Portugal
UnionPay International has signed an agreement with Portugal-based acquirer Unicre to enable all the merchants in the Unicre network to…
ByBarclays divests Barclaycard Southern European card business
Barclays has closed the sale of its Barclaycard consumer payments business in Portugal and Spain to WiZink Bank.
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