Morocco’s largest bank Attijariwafa has enabled their entire ATM base, numbering 1500 ATM’s to accept UnionPay cards. This development officially increases local ATM acceptance of UnionPay to 45%. The UnionPay cardholders can use their cards to withdraw local currency Morocco Dirham at around 1500 ATMs in the country. As the third largest bank in Africa,
Mastercard unveiled a technology advancement for its biometric cards. With biometrics representing the next generation in securing payments, Mastercard developed a way for people to easily and conveniently register their fingerprint onto the biometric card in the comfort of their home. Mastercard is on a mission to eliminate the use of passwords and recognize people
100,000 merchant locations outside mainland China provide up to 30%-off discounts for UnionPay cardholders. According to the data of several OTAs, over 60% of Chinese tourists plan to travel outside mainland China during the upcoming May Day Holiday, and many white-collars prefer a long-distance trip by taking some days off. UnionPay International announced today the
Aggregated data published by EMVCo shows that by the end of 2017, 54.6% of all cards issued globally were EMV-enabled. The number of EMV payment cards in worldwide circulation increased by 1 billion over the previous 12 months to a total of 7.1 billion. The data demonstrates that 63.7% of all card-present transactions conducted across
Ingenico Group, the global leader in seamless payment, has announced that the world’s most popular chicken restaurant chain, KFC, has migrated its payments system in the U.S. to Ingenico Group’s Telium Semi-Integrated solution to simplify its path to EMV card acceptance and to reduce PCI compliance scope while providing their customers with more payment options
Mastercard has announced that merchants in the U.S. and Canada can forego cardholder signatures for in-store credit and debit purchases, effective on April 13. The goal is to speed customers through checkout lines and give merchants greater control over customer experience. Merchants will decide when to implement the change. “In our digital, fast-paced marketplace, consumers
Mada, Saudi Arabia’s domestic payment network, and Mastercard, a leading technology company in the global payments industry, announced the launch of a joint partnership initiative to enable online payments using Mastercard’s Payment Gateway Services technology. Furthermore, all local online merchants will be enabled to accept mada cards as a primary mode of payment on their
Mastercard has announced an initiative to create greater payment consistency by making “tap and go” standard in the next five years. The changes underway ensure that consumers, merchants and governments around the world will be able to take advantage of next-generation digital technology which deliver greater security and convenience. Beginning later this year, Mastercard will require
I&M Bank has partnered with Visa Kenya to launch the I&M Bank Visa Infinite Credit Card and the I&M Visa Platinum Debit Card in Kenya for its Premium clients. Both cards have been developed with customer needs in mind and will complement I&M Bank’s efforts in enhancing customer centricity, dynamism, and innovation in line with
Mastercard and MegaFon have presented two joint initiatives at the interface between telecommunications and banking technologies at Mobile World Congress 2018 held in Barcelona from February 25 through March 1. Starting from March 1, MegaFon’s subscribers will be offered an opportunity to link their mobile phone account to Apple Pay or Samsung Pay by creating
