A report published during the Global E-commerce Summit in Barcelona shows Europe B2C e-commerce grew to EUR 363.1 B in 2013 a 16.3% increase vs. 2012. It is further forecasted to grow 17.2% to 425.5 Bn in 2014 and 19.8% CAGR to EUR 625 Bn...
BNP Paribas and Orange signed a partnership to allow its African customers to transfer money between bank accounts and mobiles. The project, which will begin in Côte d’Ivoire, will enable BNP customers to use m-payments to buy goods and services, pay utility bills and purchase...
MasterCard and eNett International announced earlier this week that they had extended their international partnership, and plan to redefine travel payments globally. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Alibaba Inc., the Chinese e-Commerce giant that is on track for a massive U.S. IPO, has updated its SEC filing to include the 27-member group that will control the company. The filing also includes nominations for Alibaba’s board of directors, which will include Chairman Jack Ma and Vice...
China UnionPay and the Australia Post signed a partnership for which the bank will start accepting CUP’s 4.2 Bn cards in circulation and promote additional products in the future. Auspost has 4.4k urban and 2.6k rural establishments making it the largest retail and banking network...
Bank of Mexico and UNAM presented the report “Financial Cuture of Mexican Youth”. The researches held ten focus groups in five cities and 3.2k surveys of Mexicans aged between 15 and 29. Finding shows only 22% of them control their budget while 61% hasn’t thought...
The national shared payments systems of Kenya (Kenswitch), Tanzania (Umoja Switch), Uganda (Interswitch) and Rwanda (R-Switch) have integrated their ATM networks. The integration will facilitate operability within the East African countries. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Joining international taxi drivers on the list of things that are likely giving the executive team at the ride-sharing behemoth Uber a headache this morning is the announcement that Yongche is eyeing international expansion Get the Full Story Complete the form to unlock this article and...
Some pretty big stuff got the payments industry talking this week. PayPal’s President moves to Facebook, World Cup revelers can’t get Brazilian currency and a mobile payments innovator claims HCE isn’t all that it’s cracked up to be. That was just Tuesday, Wednesday and Thursday!...
