MasterCard’s new In-Control Card (the name speaks for itself but more details on their Product Profile)–illustrates the good side of behavioral economics. Behavioral economics is the new (within economist-time) field that studies how and why people act the way they do and tosses out old...
With almost 90% of payment transactions in India done in cash, there is little doubt that alternative payments have taken a back seat. Recently, banks have begun to promote electronic payment with efforts to tip the scale. Get the Full Story Complete the form to...
CreditNumber of credit cards issued by banks (2010) – 23 Million Number of credit card payment transactions (2009) – 259.6 Million Number of credit card payment transactions by value (2010) – 751.5 Billion INR Get the Full Story Complete the form to unlock this article...
As the 11th largest card market, and projected to rank 7th for 2011 [1], India promises a wealth of opportunities. Many global payment trends [2] have taken hold in the India payments market and are poised to transform it. Trends include the rise of mobile-based...
In this exclusive NEXTcast interview, Richard Knight, Director of Prepaid Services Company Ltd., a UK-based subsidiary of paysafecard group, sits down with PYMNTS.com to divulge his plans to help define ‘what’s next’ in payments. Get the Full Story Complete the form to unlock this article...
The Durbin clock is ticking. A week from today the Fed will only have 8 of its 9 months left for some of the most sweeping price regulation the economy has seen for a long time–caps on debit card interchange fees that will affect most...
Happy Anniversary to Mobey Forum! The organization recently celebrated 10 years of supporting mobile financial services, from transactional payments to banking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Prepaid International Forum (PIF) today announced a successful first year of operation for the global trade body’s India Chapter with sustained momentum and increasing awareness of the role the association plays in promoting the development of prepaid in India. Get the Full Story Complete the...
In this exclusive NEXTcast interview, PYMNTS.com sits down with Diana Berman, the newly appointed Senior Vice President at Stratus Rewards LLC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...