TSYS and ProPay have been working together for 12 years. As such, when TSYS sought to acquire a partner that could help them in the micro-merchant mobile payments sphere, their longtime client was an obvious choice. PYMNTS.com spoke with Mark Pyke, president of TSYS Merchant...
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Wonga, a payday lending company, is expanding its business to longer-term financing for eCommerce purchases, notes Finextra. 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...
In November 2012 ICM Research conducted both a mystery visit to UK retailers and a nationally representative survey to find out about the nation’s readiness for contactless payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A recently released report has found that mobile banking has seen a dramatic increase in 2012 all over the world. The report finds that Asia has the highest mobile banking penetration—47 percent of survey respondents in South Korea said they had mobile interactions in the...
It seems that Visa Europe is preparing its exit strategy for Hungary. The payments giant has sent a letter to the country state secretary at the Economy Ministry detailing its possible exit strategy. The justification for this withdrawal is the decline in interchange fees, which...
Visa, the Government of Dubai, and several private companies in Dubay have signed a UAE E-commerce Working Group Memorandum of Understanding. The aim of the working group is to propose solutions and policy recommendations for businesses wanting to become e-commerce ready. Get the Full Story...
BNP Paribas has announced the launch of a new mobile money transfer application for its French clients. The app “Mes transferts” allows users to send money to other account holders in France, without the need for bank account numbers. Get the Full Story Complete the...
MasterCard has announced the launch of a multi-currency prepaid card in the Middle East. My Card, which is also Middle East and Africa’s (MEA) first multi-currency prepaid travel card, has been introduced in collaboration with Al Baraka Islamic Bank and Nonoo Exchange Company in Bahrain....