Bolstered by a strong performance from the prepaid industry and modest gains by the four major U.S. networks, the payments industry saw a 0.63 percent gain on the stock market this week, making for a two-week upward trend. Get the Full Story Complete the form...
MasterCard and the Telefônica Group have partnered to launch MFS – a company that will develop mobile payment solutions in Brazil. The company’s first product will be a pre-paid account accessed via mobile phones alongside a MasterCard card, letting consumers transfer cash to other people,...
The People’s Bank of China wants to create a national standard for mobile payments. This intention is based on the belief that NFC technology will be central to mobile payments in the country. China Unicom is set to launch its first NFC products in the...
In October 2012, Etihad Airways and PointsPay partnered to launch a global mobile wallet and mobile payment solution. This innovative solution converts virtual currency, such as miles and points, into over 150 global currencies for use as payment at over 30 million merchants worldwide. Get...
Absa has announced the launched of a mobile payment solution for small businesses in South Africa. The solution allows retailers to take card payments through their smartphone via a device plugged to the audio jack. The device supports both magnetic strip and chip and PIN...
Barclaycard continues its fierce marketing campaign. After Toys’r’Us adverts, and Facebook events, the mobile wallet by Barclays bank is now offering its fans the chance to experience an F1 racetrack. All you need to do to try and win the experience is to be fan...
This Christmas French commuters will be able to shop from a “virtual wall” in one of the five stations where these new shopping outlets have been installed. Instead of a normal advert, these surfaces will be covered with a smart screen which allows travellers to...
Marion King, MasterCard’s president for the UK and Ireland has recently spoken on the possibility of a cashless society. She defended that the evolution of payments technologies will replace cash – albeit in the long-term. “There are different levels of take-up across the globe but...
Forty-three percent of shoppers plan to spend as much online as in stores this holiday season. 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...