Vodafone has launched its M-Pesa program in Romania, marking the first time the successful mobile payments system has ever been available in Europe. M-Pesa uses SMS to transfer money and make payments. In its African instantiation it mainly targeted toward the unbanked, though the Romanian...
Canadian online retailer Gilt reportedly has launched a new ad touting discounted designer products in which mobile commerce is playing a key role, Internet Retailer reported recently.
TIO Networks’ cloud-based biller platform has faced some rough times of late with declining revenues. But it’s recent acquisition of Globex Financial Services appears to offer a much-needed silver lining to its plans for growth and improved margins. Go inside its latest earnings report.
What do medical bills have to do with fleet card provider WEX, except that it would take a lot of trucks to transport them all? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In July, Polish merchant acquirers will see the interchange fees they pay Visa issuers for their card transaction cut considerably, with the new rate going to 0.5 percent of the sale from 1.2 percent to 1.3 percent currently, Reuters reported on March 31.
Yesterday, the Green Dot Corporation, announced a new process called “Reload @ the Register,” designed to make reloading cash onto a prepaid card quicker, easier and more intuitive that using a paper reload "chit.”
Patrons of Baltimore Maryland’s premier Waffle House destination received quite a shock earlier today when a woman clad in a white linen tunic and throne-shaped crown spontaneously appeared ex nihilo in their midst and demanded to be taken to the “meanest, most vituperative lawyer this...
Carl Icahn, the eBay investor who for months had been trying to convince U.S.-based online marketplace eBay Inc. to spin off its PayPal payments unit, apparently got fed up with eBay’s resistance. Instead of continuing to negotiate in the press, Icahn on April 1 acquired...
Google announced earlier this morning that it is getting tired of waiting for its mobile wallet to catch on organically and that it is officially moving toward more “direct” inducements for the American populace. Get the Full Story Complete the form to unlock this article...