Edge mPOS Solution is Disruptive in South Africa Market

Edge mPOS Solution is Disruptive in South Africa Market

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] To increase the uptake of mobile POS (mPOS) among small and medium sized merchants, solution providers in South Africa are offering terminals at lower costs. One of the latest being the introduction of the Edge mPOS solution in July 2014 by South Africa-based technology provider Emerge Mobile. It costs US$92.1 (ZAR1,000),…

Details
Android Pay w/MasterCard Assaults the British Market

Android Pay w/MasterCard Assaults the British Market

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Millions of MasterCard cardholders and Android device owners in the UK will soon have additional safe and secure ways to make mobile payments and purchases, as Google will launch Android Pay. HSBC, Lloyds, MBNA and M&S Bank will be the first banks to support Android Pay in the UK, following Android…

Details

PAIDYET (update); FUTUREPAY (award); EPX (award); and FISERV (award)

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] In Other News: PAIDYET (update); FUTUREPAY (award); EPX (award); and FISERV (award). PAIDYET – The new version includes several new features, including giving consumers the freedom to add multiple payment methods to their eWallet, the ability for merchants to link multiple merchant accounts to a single user account, and the addition…

Details
Middle East Payment Services Inks a Big Deal with UnionPay

Middle East Payment Services Inks a Big Deal with UnionPay

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] UnionPay and MEPS (Middle East Payment Services), the second largest acquirer in Jordan signed a cooperation agreement, according to which all POS terminals of MEPS will be able to accept UnionPay cards by the end of this year. Then, UnionPay cards will be accepted at all ATMs and merchants in Jordan,…

Details
3dcart Finally Does the Deed with PayPal’s Braintree

3dcart Finally Does the Deed with PayPal’s Braintree

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] 3dcart is offering seamless payment processing from PayPal’s Braintree to make it easier for small and medium-sized retailers to succeed at selling online. 3dcart’s 17k merchants will gain access to an end-to-end payment solution that will allow them to start accepting payments with a single click, without needing to go through…

Details
PCI SSC and the ECPA Finally Hook Up

PCI SSC and the ECPA Finally Hook Up

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Payment Card Industry Security Standards Council (PCI SSC) and the European Card Payment Association (ECPA) is now a strategic regional member of the PCI Council. Supporting the shared goal of a single, globally unified data security standard, ECPA will collaborate on future versions of the global PCI Data Security Standard…

Details
Alternative Payment Methods are Rocketing in 2016

Alternative Payment Methods are Rocketing in 2016

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Alternative online payment methods are popular in many emerging markets and as these markets’ share of global B2C E-Commerce is rising, the share of alternative online payments will rise. Credit card remained the leading online payment method on a global scale in 2015, according to the research findings cited in a…

Details
NCR Gets EMV Certification from First Data for Epsilon

NCR Gets EMV Certification from First Data for Epsilon

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] NCR has received EMV certification from First Data for its Epsilon payments application. Deployed by small and large operators, NCR Epsilon is a reliable, fast, secure site-based payment processing application that has been providing multi-host online/offline payment processing for the retail industry since 1999.  The certification enables Epsilon to process credit…

Details
Europe Commercial Payments Cards - They Miss the Message - Dah!

Europe Commercial Payments Cards – They Miss the Message – Dah!

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Europe has not been a wholesale adopter of the commercial cards model, but expectations for growth of virtual payments are positive, especially in mid-to-large markets. Commercial credit cards include corporate cards, purchasing cards, lodged cards, and recently virtual cards (also known as single-use account, or SUA). Europe has not been a…

Details
SelfScore Unveils International Students MasterCard

SelfScore Unveils International Students MasterCard

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Silicon Valley Fintech startup SelfScore has unveiled the first dedicated MasterCard credit card designed for international students in the U.S. By utilizing unique analytics and robust data sets including a borrower’s education, source of funding, and career prospects, SelfScore identifies creditworthy international students who are otherwise labeled as “thin-file” or “no-file”…

Details
UnionPay Logo

X-Border Online UnionPay TX 2015 Volume Up 3X

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The cross-border online transaction volume of UnionPay cards increased by nearly three times in 2015. Meanwhile, more and more overseas cardholders prefer to use UnionPay cards for online payment, and the online transaction volume of UnionPay cards issued overseas witnessed an increase of six times last year. According to China e-Business…

Details