Report: PayPal To Cut Up To 400 Jobs
October 14, 2012

PayPal will cut at least 300 and up to 400 jobs, or around 3 percent of its workforce, over the next few weeks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Telefónica Launches Public Transport NFC Trial
October 14, 2012

Telefónica has partnered with the public transportation operator for the Asturias region in Spain to trial a service that will allow customers to pay for their tickets through their mobile bill. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

French City Wants To Create Its Own Virtual Currency
October 14, 2012

The French city of Nantes wants to launch a local virtual currency in 2013. The aim of the currency is to stimulate local economic exchanges. It will be controlled by Le Crédit municipal de Nantes and will not be convertible to Euros. Get the Full...

HyperWallet And Valitor Join Forces To Launch Prepaid Cards In Europe
October 14, 2012

Vancouver-based hyperWALLET Systems Inc, a leading provider of global payment solutions, and Iceland’s Valitor, a leader in international issuing and acquiring services, have signed an agreement to issue prepaid cards across Europe. Get the Full Story Complete the form to unlock this article and enjoy...

MasterCard Inaugurates MasterCard Labs Office in Dublin
October 14, 2012

Mastercard has unveiled its latest MasterCard Labs office in Dublin, Ireland. The new innovation hub will lead in the development of innovation and technology for MasterCard Worldwide. The MasterCard Labs in Dublin will be the first such office in Europe Get the Full Story Complete...

Vodafone Italy To Launch Its Own NFC Payment Solution
October 14, 2012

Vodafone Italy has announced it will be launching its own NFC payment solution. The product will be trialed in Milan this month and is expected to be rolled out nationally in 2013. Get the Full Story Complete the form to unlock this article and enjoy...

Visa’s P2P See Exponential Growth In Emerging Markets
October 14, 2012

Visa’s Personal Payments platform has seen a 89% transaction increase in the past year in Asia-Pacific, Middle East, Africa and Eastern Europe. The P2P platform enables users to send money to credit, debit or prepaid cards around the world. Get the Full Story Complete the...

Boots Introduces Contactless Payments Across the Republic of Ireland
October 14, 2012

Boots has recently introduced contactless payments across all its stores in the Republic of Ireland. The contactless payment solution is a joint effort of Streamline and Visa Europe and will allow customers to wave and pay for purchases under €15. Get the Full Story Complete...

Swapping Opinions for Credit
October 14, 2012

After tweets for treats come opinions for credit. Jana – a payment platform – is trading users’ opinions for money via mobile phones. The objective of the company is to turn phone credit into a currency, especially in developing countries Get the Full Story Complete...