MasterPass has increasingly been making shopping easier and safer for consumers and merchants in 24 countries around the globe. MasterCard announced it will integrate a fully tokenized checkout experience within MasterPass, leveraging the MasterCard Digital Enablement Service (MDES). This gives consumers the freedom to shop more securely online or in-app from any connected device. A
With the launch of Paycorp’s new escrow service, ProtectPay, buying and selling with unknown parties just become safer. As a secure online payment portal, ProtectPay protects buyers and sellers using online or traditional classifieds, from payment fraud, non-payment and the hassle of chasing payments, for both large- and small-ticket items alike. Relatively new to the
Mahindra Comviva, the global leaders in providing mobility and financial solutions, announced, that its proven, world-class, mobiquity solution is ready to enable payments bank and small finance bank licensees to launch their financial services in India. Banking on its global expertise of enabling mobile financial services for over 65 banks & mobile operators, in over
eftpos announced a new partnership with Bell ID to build a flexible, domestic mobile payments capability, including secure tokenization services. Bell ID’s Token Service Provider platform will integrate with the ‘eftpos Hub’: a reliable, secure and scalable centralized switch that provides the Australian industry with a cost effective, real time payments processing platform with the
President Jakaya Kikwete has inaugurated 65 million US dollars (140bn/-) worth state-of-the-art National Microfinance Bank (NMB) building and pledged continued government support to the bank’s efforts to promote financial inclusion. The modern building with capacity to accommodate over 1000 staff, modern rooms, canteen to cater for all staff and modern private bank proves the solidity
The FreedomPay Commerce Platform has been approved as a payment gateway for EMV on First Data, a global leader in commerce-enabling technology and solutions. First Data is at the forefront of EMV expertise and readiness as the company has been producing EMV-enabled cards and processing EMV transactions for years. “FreedomPay’s EMV certification combined with P2PE
Mozido Africa, a subsidiary of Mozido, Inc., announced the opening of its African headquarters in Johannesburg, South Africa. This represents a key milestone in the expansion of Mozido and the company’s commitment to the continent of Africa. Africa has some of the fastest growing mobile money markets worldwide. Providing African consumers access to Mozido’s innovative
Gemalto, the world leader in digital security, announces the launch of Dynamic Code Verification, a comprehensive payment security solution that protects against Card-Not-Present (CNP) fraud on-line and ensures an easy user-experience cardholders have come to expect. This complete dynamic CVV/CVC solution includes an EMV payment display card that secures traditional in-store and eCommerce payments, ATM
MasterCard announced the launch of Safety Net in Europe. Safety Net is a global tool that reduces the impact of cyber hacking of banks and processors. It is designed to use the power of MasterCard’s global network, to identify unusual behavior and potential attacks – often, even before the bank or processor is even aware.
Berkshire Hathaway Travel Protection (BHTP) and MasterCard announced at Skift’s Global Travel Forum they have teamed up to drastically cut the time it takes to pay travel-insurance claims. Traditionally, travel insurance claim payments have been made through online payment systems, EFT transaction or paper check – all of which meant travelers might not receive claim
