News

B2B Payments
Wholesale E-Commerce Reaches New Level
June 19, 2014

The wholesale e-commerce website TopTenWholesale recently announced that since January, its number of consumer products listed by sellers has increased from under 600,000 to more than 1.1 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Bradesco Embraces Mobile
June 18, 2014

Bradesco, one of major banks, registered 580M mobile transactions in January-May 2014 a 100 percent y-o-y growth. In May there were 140M and 120M in April. Bradesco launched a free-access service for smartphones having signed deals with the four biggest telcos. The 9M-downloads app counts...

International
Taxi Apps Fight For Corporate Users in Brazil
June 18, 2014

Taxi apps in Brazil such as 99Taxis, Easy Taxi, TaxiBeat and Taxijá fight for corporate users. Having on-loaded 50k taxis, 99Taxis counts with corporate solution Voucher 99 and already has signed deals with 500 firms. The employee pays for the ride while taxi driver fills...

International
BNDES to use Brazilian Payment System this summer
June 18, 2014

Brazilian Development Bank BNDES will start using Brazilian Payment System by end of June. For this reason it will discontinue intermediation of third parties. This change will bring better customer services and more efficiency according to the bank. All accounts held at third parties will...

Merchant Innovation
Amazon Officially Introduces The “Fire” Phone To The World
June 18, 2014

Earlier today at an event in Seattle, Amazon unveiled the Fire Phone, its first foray into the smartphone market, nearly seven years after the iPhone fist dropped. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Alternative Finances
Dwolla’s Direct Debit Debut
June 18, 2014

It’s getting awfully crowded in the P2P2B space these days. Dwolla Direct launched yesterday which will enable individuals and businesses to pay each other directly from their checking accounts. It says an easy registration process will convert more check users to regular e-payment customers. Find...

International
First Global Data Deploys Digital Wallets to India
June 18, 2014

North American-based First Global Data has formed a JV with the Chennai-based teleshopping venture RP Telebuy to deploy an m-payment and digital wallet in India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
The Future of Pay Phones
June 18, 2014

Telco regulator Anatel is seeking new business models for pay phones. In 2004, 42 percent of population used orelhaos vs. 4 percent in 2010 as mobile phones became widespread. Prepaid magnetic cards will be discontinued in three years as only 132M were manufactured in 2011...

International
Santander and Funding Circle to Aid SMEs
June 18, 2014

Santander signed a partnership with Funding Circle, a P2P network, to mutually refer potential lenders in UK. Authorities back P2P lending as it allows financing for SMEs. In February it financed a GBP 40M loan round by Funding Circle. Get the Full Story Complete the form...