The more complicated the B2B payments problem, the less complex its solution has to be for businesses to implement. PYMNTS sat down with WEX’s SVP and General Manager of Virtual Payments, Jim Pratt, to get a look inside their V-card strategy and how companies from...
MasterCard announced yesterday (June 15) a new partnership with Ecobank to push electronic payments over the next 10 years in 32 sub-Saharan African countries – where, according to Michael Miebach, MasterCard President, Middle East and Africa, 90 percent of transactions are made in cash. Get the Full...
Stripe, the digital payments company, has its sights on global ambitions as it looks to soon launch in Denmark, Norway, Sweden and Finland, the International Business Times reported yesterday (June 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Visa Europe CEO Nicholas Huss defended the case of credit cards in Europe during MoneyConf in Belfast, reports International Business Times. Huss explained that while contactless payments are indeed on the rise in Europe – with 2.4 million contactless paypoints at the moment – ultimately...
Margrethe Vestager, the European Union’s Competition Commissioner, announced last week (June 11) that the EU is looking into Amazon e-books business practices on its home turf. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Not long ago the Chinese government confirmed plans to open the country’s bank card market to foreign companies like Visa and MasterCard, but industry observers told the Financial Times the struggle to access the sector dominated by a state-backed provider may just be beginning. Get...
Amazon.ca will now offer clothes and shoes from brands such as Levi’s, Puma, and French Connection, adding 1.5 million items to its inventory, according to Reuters. Last year, the online retailer added online stores such as “home automation” and “wearable technology,” reaching a total of more...
On its quest to conquer the digital world, MasterCard announced yesterday (June 10) the launch of MasterPass in Belgium, a digital platform which will be implemented by Buy Way, a credit on the point of sale. Buy Way’s 585,000 customers can now activate their MasterPass wallet...
Online shopping company Ideel said Wednesday (June 10) that it is branching out internationally starting this month, according to a release. Previously, the company had been selling merchandise in Canada, Australia, the U.K., France and Germany. Get the Full Story Complete the form to unlock...
