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

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

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

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

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

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

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

MasterCard and First Data to Give Asia Pacific Card Customers More Control

MasterCard and First Data Corporation today announced a strategic alliance to provide a unified solution for First Data’s FirstVision platform powered by VisionPLUS with the introduction of MasterCard inControl for banking clients and customers in Asia Pacific. MasterCard inControl is an innovative and secure payment platform that empowers corporates and consumers to set spending limits

Commerce Bank Introduces The USA Triathlon Visa Rewards Credit Card

USA Triathlon (USA TRIATHLON), the national governing body for triathlon, and Commerce Bank have come together to offer USA TRIATHLON members a Visa rewards credit card. The card offers reward points with unlimited earnings, bonus point opportunities, as well as no annual fee. Cardholders can redeem points for thousands of items including cash back as

PCI Security Standards Council Publishes Third-Party Security Assurance Guidance

Businesses are rapidly adopting a third-party operations model that can put payment data at risk.The PCI Security Standards Council, an open global forum for the development of payment card security standards, published guidance to help organizations and their business partners reduce this risk by better understanding their respective roles in securing card data. Developed by

Econet Wireless Predicts that Zimbabweans Will Stop Using Paper Money

Econet Wireless has predicted that Zimbabweans will stop using “paper money” by the end of next year as people adopt cards to transact. Econet, which is at the forefront of introducing plastic money in the country, has already invested in more than 5 000 point-of-sale (POS) devices in businesses throughout the country to ensure that