Customers traveling to Brazil for the World Cup from around the world faced an unpleasant surprise last week when currency exchangers all over the world started running out of the Brazilian Real. This is no minor issue for foreign soccer enthusiasts, since, as the info-graphic...
The Ripple protocol allows users and businesses send any kind of currency across its network nearly instantly to other individuals and businesses in the coverage zone. Not only are payments recieved quickly, they are also taken in the recipients native coin. Get the Full Story...
E-payments processing firm Emerging Markets Payments has opened an office in Kenya. The company covers main payment channels such as cards, mobile and ID-enabled payments for more than 130 banks and 30k merchants in 35 countries. In Kenya there are 10.7 payments cards, with a...
Guatemala will be the first Central American country to offer m-POS, with Tigo launching its product. 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...
October 31. 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 newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from...
Bangalore based Ezetap Mobile Solutions, which was founded in 2011, was chosen by State Bank of India, the largest public sector bank, to launch a 5-year 500k m-POS deployment. The start-up was chosen given it has a price tag of less than USD 50 and...
French Groupement des Cartes Bancaires (CB) is testing a Natural Security Alliance approved biometric payment system, which would be available by EOY. In a first phase a fingerprint-reading chip will be integrated into a key fob and it is intended to sequentially incorporate it into...
Alibaba – the Chinese e-commerce mega-retailer that is preparing for an IPO widely forecasted to be one of the biggest money makers in the history of international commerce –has just dipped its first toe into selling directly to U.S. consumers with the launch of 11...
Due to an increase in cyber crime in Kenya, prepaid card holders are becoming more hesitant on using their cards to make purchases. According to data from Central Bank, the number of prepaid card transactions slowed month-on-month from October 2013 to February 2014. Specifically, the...
