The Payments Security Task Force provided an update on its discussions and activities since its inception. The task force, which represents a diverse group of U.S. electronic payment industry players, has initially focused on continuing the momentum of EMV chip implementation in the United States. In a recent forecast, nine of the country’s largest payment
Online hotel booking platform Jovago has partnered with web and mobile financial services company SimplePay, to allow Jovago customers to pay for their hotel booking through the SimplePay mobile application. Jovago said users on Jovago.com can now enter their booking reference into SimplePay’s new Jovago button in their mobile app or at www.simplepay4u.com and pay
hyperWALLET Systems Inc., a global payments provider, offers advanced payment solutions for corporations with global payment needs. hyperWALLET has recently launched low-cost payment services to Nigeria, enabling companies to pay individuals in-country via direct-to-bank money transfers and reloadable prepaid debit cards. Traditionally, making payments to Nigeria can be an expensive and challenging process for businesses
Paynow, the Zimbabwean internet payments platform developed by Webdev has decided to give local internet payments a shot in the arm by working with developers. Together with Hypercube Hub, Paynow will be hosting a developer day at the tech hub on Saturday 16 August 2014. The day long event (9 am to 5 pm) will
Fiserv, Inc. , a leading global provider of financial services technology solutions, has released a white paper for financial institutions that highlights the unique digital banking needs of business customers, with a focus on mobile banking. Titled “Riding the Digital Wave for Business Banking, Propelled by Mobile,” the white paper discusses how financial institutions can
Amazon.com has announced Amazon Local Register, a secure card reader and mobile app that provides local businesses with the tools they need to quickly and easily accept credit and debit cards from a smartphone or tablet and keep track of their growing business. Amazon Local Register customers will have access to the Amazon.com award-winning, fully
ACI Worldwide , a leading global provider of electronic payment and banking solutions, has announced that it has completed the acquisition of Retail Decisions, a leader in fraud prevention solutions. Under the terms of the agreement, ACI Worldwide acquired ReD for an all-cash purchase price of $205 million. Brookwood, England-based ReD is a leading ecommerce
Ethiopian Airlines, the fastest growing and most profitable airline in Africa, has partnered with payment leader Worldpay to streamline its business transactions and meet the needs of its global customer base. Ashna Bhawan at Worldpay worked with Ethiopian Airlines to implement a customized payment solution that integrates with Ethiopian Airlines’ sales channels and Sabre Reservation
Kenyan startup Kopo Kopo has launched external bank transfers, giving their clients another option of withdrawing funds aside from through their Kopo Kopo account to a bank account or M-Pesa wallet. “It should now be easier for you to pay suppliers, landlords, utility providers – you name it! At your request, we’ll transfer the amount
New findings from leading analysts, Juniper Research, show that the number of household bill payments made via PCs, Tablets and Mobiles will exceed 20 billion this year, representing approximately 16% of all global consumer household bills. This trend is being driven by a growing consumer acceptance of transactional digital banking, and the sharp rise in
