The UAE Banks Federation with the support of the Central Bank launched an m-wallet project, which is set to go live in 2015. It will be the first m-wallet backed by a bank federation. Get the Full Story Complete the form to unlock this article...
The immediate payment service of India, launched in 2010, reached 59.2M mobile users in April 2014 (+19.3% y-o-y growth). 60 banks have already signed for the service while 71.22% of mobile users came from top five banks. The amount of transactions saw an 8.5x increase...
As merchants consider their options leading up to next year’s EMV liability-shift deadline, they are faced with the choice of upgrading their POS equipment, or wait and risk the fraud consequences while using the money to promote mobile-based initiatives. Their risk, however, also lies in...
We’ve said it before; we’ll say it again. Trekking down the omnichannel path is vital for merchants who want to keep up and stay in lockstep with the consumers’ expectations. But more retailers are beginning to wonder whether omnichannel and EMV are at crossed purposes....
A new service from Royal Solutions Group backed by Chase Paymentech can help healthcare providers secure payments at the time of service, thus reducing or eliminating invoicing costs while improving cash flow. The service also follows a trend where health care providers increasingly are working...
Yesterday, mobile payments giant Square launched its own invoicing system called Square Invoicing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
The interest in and demand for immediate funds transfer is sweeping the globe has spread to Finland. The country already has an urgent payment system where payments are handled twice daily but now they are following their Swedish neighbors to develop a real-time system.
MasterCard announced earlier this week that it has a cashless rollout initiative planned that could reduce cash transactions in Nigeria by 70 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Pensmore Software recently announced the launch of its latest tool designed to simplify the payment process for small to medium sized businesses (SMBs). According to a company press release, IntuitivePay™ will work for QuickBooks and QuickBooks Point of Sale. Get the Full Story Complete the...
