International

International
E-billing Grows in Brazil
June 26, 2014

E-billing in Brazil started in 2012 with an initiative of the federal and state tax authorities. Its aim is to end the need of an authorized printer for fiscal receipts and replacing it by an e-invoice, which can be printed in any device or sent...

Europe
Beacons Take on the Grocery Store
June 26, 2014

Supermarket Carrefour and convenience store Nisa launched a pilot test in Madrid and London, which uses Bluetooth Low Energy (BLE) beacons attached to trolleys and baskets to track a shopper’s journey around the store. Merchants are then provided with data on how shoppers move around...

International
Mozido Expands mPOS Platform
June 25, 2014

Mozido, an m-POS firm, has been present in Mexico, since 2012. It rolled out its solution in 80 firms in Yucatán and it expects to reach 500 soon and 2k by 2015. The platform allows for mobile phones top-ups, service payments and payment card transactions....

Nigeria Going Cashless
June 25, 2014

The Central Bank of Nigeria has announced the implementation of its third and final phase of the government’s cashless policy, which will begin July 1, and to be rolled out in the whole country. Get the Full Story Complete the form to unlock this article...

International
Brazil Transit Card Paves Way For Prepaid Solutions
June 25, 2014

Earlier this week, the Open Standard for Public Transport™ (OSPT™) Alliance in Brazil announced that it had signed on RioCard TI, which is a supplier of prepaid ticketing solutions for transport providers, as a new member. Get the Full Story Complete the form to unlock...

International
PayPal Brazil: We’re Ready To Buy!
June 25, 2014

PayPal Brazil is ready to expand its current Latin-America base. How do they hope to expand? By acquiring their competitors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

International
New Payment Processor Coming To Nigeria
June 24, 2014

Executives at the National Identity Management Commission (NIMC) recently announced that Verve and Visa will now participate in the rollout of smartcards in Nigeria. Previously, only MasterCard operated in the African country, and had been contracted by the NIMC to roll out 13 million smartcards with...

Controversial
Report: Domestic Payment Schemes Offer Key Advantages Over Visa and MasterCard
June 24, 2014

Russia’s move to create a national payment card scheme may not be simply a political ploy. A new report suggests local payment networks also provide lower-cost options to international payment networks, and they can offer products and services better suited for local needs.

International
Russia Payment Saga Continues
June 24, 2014

According to Russia’s First Deputy Prime Minister Igor Shuvalov, the nation will reduce the size of deposit payments required for Mastercard and Visa to operate in Russia. The announcement comes nearly one month after Russia President Vladimir Putin signed into law that foreign service providers...