MasterCard Fast Tracks Mobile Payment Acceptance in Europe Helping Europeans to Tap Everywhere by 2020

Posted on by wademinnie | 7940 Views | 7 min read

MasterCard has announced that it is establishing contactless acceptance as standard by 2020 for merchants accepting MasterCard and Maestro in Europe, ensuring that, consumers will be able to pay with their contactless cards and NFC enabled devices at all point-of-sale terminals in Europe by 2020. “Europeans can already use contactless cards or NFC enabled mobile payments

MasterCard Announces Inaugural MasterCard Start Path Class

Posted on by wademinnie | 7498 Views | 7 min read

MasterCard announced that the first class of 7 leading European startups that are developing innovative commerce solutions as part of the inaugural MasterCard Start Path accelerator class. The startups were selected after an extensive selection process that saw applications received from startups in more than 30 countries. Each of the startups will work with MasterCard

OT Selected for the Development and Supply of the Next Generation Dual Interface Debit Card for Swiss Banks

Posted on by wademinnie | 4175 Views | 5 min read

Oberthur Technologies (OT), a world leader in digital security solutions for the mobility space, has announced the extension and the strengthening of the partnership started in 2010 with SIX Payment Services, Switzerland’s leading card processor. OT will develop and supply next generation chips for debit and bank cards, to Swiss banks, from 2016 to 2020.

Thames Card Technology Increases Card Production Capacity By 50% With New Machinery

Posted on by wademinnie | 9431 Views | 9 min read

Thames Card Technology Ltd, one of the UK’s largest manufacturers of secure and non-secure plastic cards, has responded to market demand for its gift, loyalty and payment card production services with the purchase of two new machines. The ‘best-in-class’ equipment incorporates technologies that deliver the increased capacity required to maintain its position as the go-to

Cardtronics Enters Long-Term ATM Operating Agreement With Co-op Food stores in U.K. and Acquires Ownership of Co-op Group Subsidiary, Sunwin Services Group

Posted on by wademinnie | 9418 Views | 14 min read

Cardtronics,announced that its U.K.-based business is entering into a seven-year, exclusive agreement to operate approximately 1,800 ATMs located in Co-operative Food stores across the U.K. Cardtronics will take on the operation of the ATMs no later than January 2016, upon expiration of the existing ATM contract. In addition, beginning immediately, Cardtronics will have the right

MasterCard-branded National eID Card Launched in Nigeria

Posted on by wademinnie | 8217 Views | 21 min read

Nigerian President Goodluck Jonathan received his National eID card, heralding the official launch of the eID pilot program. In the pilot phase, the Nigerian Identity Management Commission will issue MasterCard-branded identity cards with electronic payments functionality to 13 million Nigerians. This initiative is the largest rollout of a biometric-based verification card with an electronic payment

Old Mutual Launches Innovative Prepaid and Reward Programme In Namibia, Secured by Tranwall Transaction Control

Posted on by wademinnie | 10373 Views | 10 min read

Tranwall Limited, in partnership with Payment Express Mauritius, has successfully completed the implementation of Tranwall Transaction Control for the OMCARD Namibia project. Tranwall Transaction Control enables the OMCARD to empower their cardholders with the ability to secure their cards by using mobile telephony to switch their cards ON or OFF for specific transactions types, such

DHgate Now Offers MasterPass for Seamless, Secure, Fast Checkout Experience

Posted on by wademinnie | 7833 Views | 6 min read

MasterCard announced that DHgate, a world-leading B2B e-commerce platform, has integrated and deployed MasterPass, its global digital service, to enable a simplified online payment experience for its customers in China. DHgate is the first merchant in China to go live with MasterPass. Working alongside MasterCard, DHGate will enable small and medium enterprises (SMEs) to strengthen

More Than 575 Million U.S. Payment Cards to Feature Chip Security in 2015

Posted on by wademinnie | 9065 Views | 12 min read

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

Brazilian Domestic Card Labels Hit 10% Market Share

Posted on by wademinnie | 11254 Views | 10 min read

Brazil’s card market is expanding rapidly and domestic card labels are now growing faster than the established international labels. During the first three months of 2014, the Brazilian card market grew by 17% to a total volume of 223 billion Real (US$ 100 billion). While Visa and MasterCard are still predominant, local brands such as