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Cross-Border Cheques to be Phased Out

Cross-border cheques and bank drafts within the Common Monetary Area (CMA) are being phased out with effect from 22 July 2013 and will no longer be accepted by any banking Read More →

Mt. Gox Releases Statement Regarding U.S. Dollar Bitcoin Withdrawals

Over the past weeks Mt. Gox has experienced rising volumes of deposits and withdrawals from established and upcoming markets interested in Bitcoin. This increased volume has made it difficult for Read More →

TPA Automates Payment System

Tanzania Ports Authority (TPA) has automated its billing and payment system, a move that seeks to improve revenue collections and transform the authority’s operations to paperless. According to TPA’s Acting Director Read More →

UK Payments Council Dares to Think Differently about UK’s Payments Infrastructure

The publication of the first ever Payments Roadmap – An Initial Report spells out the Payments Council’s revolutionary approach towards assessing the options for building on the world leading payment Read More →

NCR Ranked #1 in Retail Self-Checkout Technology

NCR Corporation, the global leader in consumer transaction technologies, is the world’s largest supplier of retail self-checkout (SCO) technology, according to new research published by strategic research and consulting firm Read More →

MasterCard and Western Union Launch International Payments Service for Small Businesses

MasterCard  and the Western Union Company announced a dedicated international payments service that will increase the flexibility with which small and medium-sized businesses can conduct cross-border trade. The new direct Read More →

Banamex and Ingenico Join Efforts to Introduce Contactless Payment in Mexico

Ingenico leading worldwide provider of payment solutions, announced that it will support, along with Banco Nacional de México, Banamex, one of the leading financial institutions in Mexico, the deployment of Read More →

National Payments Strategy Workshop Opens In Accra

Mr Seth Terkper, Minister for Finance and Economic Planning in Ghana, has stressed the need to improve confidence in electronic payments systems and infrastructure and to encourage the patronage of Read More →

Electronic Payments Stimulate Economic Growth According to New Study

The growth in the use of electronic payment products, such as credit and debit cards, added $983 billion to the Gross Domestic Product (GDP) of the 56 countries examined between Read More →

Alternative Currencies: Is There Staying Power?

New Mercator Advisory Group report identifies markets and market drivers behind four types of alternative currencies. Alternative currencies typically evolve when threats or economic problems occur and stabilization efforts are perceived Read More →
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