International

Over 51% of Tanzania Use MPESA
June 03, 2014

Vodacom M-Pesa customers grew 21.6% y-o-y in the quarter ended in March 2014 to reach 6M internationally, while Tanzania now makes 18.8% of revenues (+470 bps vs. 2013). 4.9M or 51.6% of Vodacom users in the country are actively using M-Pesa. Get the Full Story...

B2B Payments
UAE Going Wireless With Commercial Fleet Fueling
June 03, 2014

Government-owned Emirates National Oil Co. is rolling out a service that will enable its fleet customers to refuel their vehicles wirelessly using RFID technology. The system will replace the company’s existing fleet cards by the end of the year.

B2B Payments
Spain: The Regulatory Times Are A’Changin’
June 03, 2014

For the last several years, Spain has struggled to regain economic strength. However, the European nation could be nearing positive change as it works to make regulatory changes in an effort to join in on the pan-European TARGET2 Securities transformation.

International
Argentinian Central Bank Warns Consumers of The Risks Of Digital Currency
June 03, 2014

Bitcoin’s promising South American development has hit a bump in the road with Argentinian Central Bank having gone and issued a warning on the perils of getting involved with digital currencies. Though bitcoin is not the only digital currency, it is the largest one. Get...

International
MasterCard’s MasterPass Launches In Singapore
June 03, 2014

Singapore consumers looking to end the never-ending cycle of entering billing and shipping information that comes part-in-parcel with online shopping now have a new tool in the box to make shopping easier. MasterCard has launched its MasterPass program, which will allow Singapore’s shoppers to store...

Europe
With The PowaTag Platform European Companies Can Build “Virtual Boutiques” Using Real World Advertisements
June 03, 2014

European shoppers who are looking for fashion on the go can now make their purchases in 20 seconds or less using their smart phones. Fast Retailing Co.’s Comptoir des Cotonniers division has paired with Powa Technologies, a London-based app maker, to make it possible for...

Company Spotlight
Putin: “Da” to Visa and MasterCard Staying In Russia
June 03, 2014

Russian President Vladimir Putin reportedly has signed amendments to a recently enacted law that make it easier for MasterCard and Visa to remain operating in that country. Specific details, remain sketchy, and there may be a $3 billion string attached to the deal.

International
Alipay Launches Healthcare App
June 03, 2014

Alipay is planning to launch an app to help patients of hospitals with everything from appointments to payments. The app would allow medical professionals to communicate with their patients and even rate doctors. Get the Full Story Complete the form to unlock this article and...

Europe
Kalixa Acquires PXP Solutions In European Processor Deal
June 02, 2014

UK-based processor Kalixa has acquired PXP Solutions, a 27-year-old privately held UK-based merchant processor, according to lawyers involved in the deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...