MTN has announced it will be integrating its mobile money systems in Rwanda and Uganda as part of cross-border mobile money initiative. The integration will become effective from next month. When it is officially launched, MTN said its subscribers will be able to send and receive money between the two countries. Norman Munyampundu, General Manager
VeriFone Systems, Inc., announced that Phoenix Managed Networks has completed the deployment of VeriFone’s next-generation IntelliNAC i6 network access controller to Phoenix’s PCI compliant transactions network. IntelliNAC has been certified by select payment processors on the Phoenix network and is now processing nearly one hundred million transactions a month. “With VeriFone networking solutions designed specifically
PagBrasil, the premier online payment processing service for Brazil, just announced Boleto Express, an enhanced form of the popular Brazilian payment method boleto bancário. Although credit and debit card payments continue gaining ground in online payments, boleto bancário still accounts for more than 30% of all online payments in value. Business clients, in particular, prefer
Global Payments Inc., one of the largest worldwide providers of payment solutions, announced that it has completed the acquisition of Ezi Holdings Pty Ltd, a leading integrated payments company focused on recurring payments verticals in Australia and New Zealand. Similar to the company’s OpenEdge division, Ezidebit markets its products through a network of integrated software
VAI, a leading ERP software provider, announced details of its business relationship with Comdata, an integrated financial solutions company that powers the payment platforms for some of the nation’s most recognized brands. As a result of this relationship, users of VAI’s S2K ERP software will gain access to integrated financial tools that enable organizations to
A total of 205 billion card payments were made worldwide in 2013, a rise of 13% on 2012, according to “Global Payment Cards Data and Forecasts 2013-2019”, a new report from specialist research and consulting firm RBR. This growth was slightly higher than the 11% increase in card numbers to 10.8 billion, which reflects an
Luxury travel is about to get a little more Priceless – that is, if you carry a MasterCard. Beginning Jan. 1, 2015, MasterCard will expand its Luxury Hotels & Resorts Portfolio to include more than 1,000 properties for World and World Elite MasterCard cardholders to choose from, making it the largest and most diverse collection
Fiserv, Inc., a leading global provider of financial services technology solutions, announced that its MobilitiTM mobile banking solution was named the market leader in the just-published “Ovum Decision Matrix: Selecting the Next Generation Mobile Banking Solution.” The report evaluated eight global mobile banking providers based on market impact, technology and execution. Ovum cited the established
The Western Union Company announced a multi-faceted response program that will provide support for disaster relief efforts to support communities most affected by the Ebola outbreak in West Africa. Western Union Foundation Grant The Western Union Foundation is making a grant of US$25,000 to the International Medical Corps to support the organization’s response actions, which
FIS, the world’s largest provider of banking and payments technology solutions and a global leader in consulting and outsourcing solutions, announced it has completed its acquisition of Clear2Pay. The transaction brings new corporate payment solutions and services, inclusive of high-value and cross-currency corporate payments, payments managed services, and payments processing utilities that will further bolster
