At the World Economic Forum on Africa, MasterCard announced its partnership with Premier Bank, becoming the first international payments network to enter Somalia. As a result of the partnership, Premier Bank will now issue and accept the first MasterCard-branded payment cards in Somalia, a country that hasn’t had any form of formal banking service since
Visa Inc. announced a new program that connects financial institutions and technology companies to simplify and accelerate the roll-out of new payment and commerce services. Visa’s new Digital Enablement Program (VDEP) builds on the company’s secure token technology and adds a turn-key, toll-free commercial framework accessible to more than 14,500 Visa financial institution clients and
Mint Payments is pleased to announce that its partnership with Bank of New Zealand (“BNZ”) has resulted in the successful deployment and enhancement of BNZ’s “PayClip” payments product, which now enables business owners in New Zealand to accept the full spectrum of card payments, including Visa, MasterCard and EFTPOS through methods such as NFC Contactless,
Gemalto, the world leader in digital security, announces that Russian petrol retailer EKA will migrate existing payment cards to Gemalto’s Optelio PURE contactless solution. These new private label cards bring a robust defense against fraud and enhanced convenience for the end users. The cards are being deployed from April 2015 and are fitted with the
FIS, a global leader in banking and payments technology as well as consulting and outsourcing solutions, announced that its FIS’ Clear2Pay Open Test Solutions group has been confirmed by Visa for Chip Vendor Enabled Service (CVES) to help streamline and support the deployment of EMV enabled contact and contactless payment devices in the United States.
MasterCard launched MasterCard Send – a first-of-its-kind personal payments service that enables funds to be sent quickly and securely to consumers domestically and internationally. Through a single connection to the MasterCard Send platform, businesses, merchants, governments, non-profits, issuers and other senders can send money to consumers whether they are banked or unbanked, and located domestically
Oberthur Technologies (OT), a world leader in digital security solutions for the mobility space launches SMART PREMIERE, a unique range of luxury payment cards to target affluent customers. These new luxury cards will be showcased during the Cards & Payments Middle East 2015 event taking place in Dubai on 12th – 13th May. Thanks to
Official figures for Q4 2014 released by the global technical body EMVCo show that significant advances are being made globally in the adoption of EMV chip technology. By the end of last year, the number of EMV payment cards in circulation rose by 1 billion, up 43%, to 3.4 billion, from 2.37 billion in Q4
Visa Inc. introduced a set of resources to help business owners manage the transition to chip technology for credit and debit cards. The toolkit, available at VisaChip.com/BusinessToolkit, provides merchants with a 10-step implementation guide, downloadable tools and resources, and a module to train employees on accepting chip cards at the point-of-sale (POS). Chip technology brings
MasterCard announced that it was chosen to be the transaction processor and network gateway for all Green Dot Bank-issued deposit accounts, including the bank’s debit card products. Through this new relationship, Green Dot’s debit and prepaid products will be processed through MasterCard’s platform which represents the latest in state-of-the-art processing solutions, with safety and security
