International

International
Commonwealth Bank Set to Launch Square Competitor
April 30, 2014

The bank plans to launch the device on Wednesday.

Company Spotlight
MasterCard Launches eWallet in New Zealand
April 30, 2014

The MasterCard MasterPass has already launched in over 20 countries.

International
Korean Credit Card Companies Cut Visa and MasterCard
April 30, 2014

The companies are cutting off in order to save money from royalty fees.

B2B Payments
Global Payout, Inc. Expands Into the Philippines
April 29, 2014

aying Filipino international workers just got easier with Global Payout, Inc.’s announced expansion into the Philippines with its proprietary MoneyTracTM Consolidated Payment Gateway (CPG) platform. The move will make it easier for employers to compensate their employees no matter where they are on the globe...

International
New African Mobile Wallet Enters Payments Platform
April 29, 2014

According to the bank, the new app has the potential to reach almost 9 million consumers in Uganda.

Europe
Mobile Payments Start-up Yoyo Looks into Campus Opportunities
April 28, 2014

The start-up is hoping to use universities to attract retailers.

International
After Russian Sanctions, Putin Considering National Payments System
April 28, 2014

Putin is considering to launch a national payments system in Russia.

Europe
Security Worries May Damper Paym Launch in UK
April 28, 2014

Paym plans to launch on Tuesday, however, many consumers are saying that they do not plan on using the app, according to a survey.

Bitcoin Prices Dive on China Blockade
April 28, 2014

The price of Bitcoin took a sharp fall over the weekend, dropping from a three-day high of just over $460 per coin on Saturday to a low of about $420 per coin  in overnight trading into today, according to the PYMNTS real-time price index  Get...