South Africa’s PayGate, a payment solutions provider, has announced that it will be allowing merchants in Kenya and Tanzania to take payments via mobile money service M-Pesa. The payment will be offered to customers in the two countries at checkout and PayGate will provide customer’s...
In a speech at JPMorgan Chase, George Osborne, UK Chancellor of the Exchequer, announced that stricter regulation will be put in place to restrict bank’s risky investments. “Our principles are simple: if you do the right thing, government should support and help you, and remove...
The PCI Security Standards Council has released its new PCI DSS eCommerce Guidelines for online security. The guide comes with a checklist of security recommendations and reminds for merchants and third-party providers. Get the Full Story Complete the form to unlock this article and enjoy...
Visa has announced new liability shift dates for its EMV roadmap that will affect third-party acquirers of ATM transactions, notes ATM Marketplace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
mPowa, a U.K.-based Square-like company that provides merchants with a dongle that processes card payments, has signed of a 7-year, multi-million dollar deal with Portugal Telecom, reports TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In a letter to app developers yesterday, Google Play announced that it’s working in introducing “new forms of payments” for its platform, reports TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
According to MasterCard, customers in the Persian Gulf are moving away from credit cards, towards debit and prepaid cards. The move is driven in part by a tightening on bank lending rules, imposed after the 2008 financial crisis. Michael Miebach, MasterCard’s president, Middle East and...
GE Money Bank and Visa Europe have joined forces to launch a contactess payment service in Czech Republic. “We are very pleased that GE Money Bank will provide their clients with contactless technology through us and extend its card portfolio. Launching this product affirms the...
MasterCard has announced that its contactless payments technology PayPass has experienced great growth across the Asia/Pacific, Middle East and Africa (APMEA) region in 2012. The payments giant has also been successful in advancing payments innovation in the region. MasterCard Worldwide has announced today record growth...