PAX to Unveil 3 New Payment Terminal Solutions at Cartes 2015

PAX Technology, a global leader in the provision of secure electronic payment terminal solutions, will unveil, for the first time in Europe, a range of new and innovative point of sale payment terminals at Cartes in Paris on November 17-19. The S920 is the world’s one of the few most compact mobile terminals to offer

BitGold Launches Automatic Bank and Card Redemptions Completing Key Platform Milestone

GoldMoney Inc., a full-reserve and gold-based financial service and technology group, is pleased to announce that its wholly owned subsidiary BitGold Corp. has launched the world’s first automated gold to fiat settlement technology enabling gold payments to instantly settle as fiat currency. The new feature can be found within the BitGold platform settings under “Automatic

Number of Card-accepting Outlets Set to Double by 2020 – Can Visa and MasterCard Keep Up?

The number of merchant outlets worldwide accepting card payments is set to double from 46.6 million at the end of 2014 to 90.3 million by 2020. This is one of the findings in RBR’s new report, Global Payment Cards Data and Forecasts to 2020. While Visa and MasterCard are currently accepted at 78% of outlets

UberRUSH Joins First Data’s Clover App Market to Simplify On-Demand Delivery Service for Small Businesses

First Data, a global leader in commerce-enabling technology and solutions, announced that UberRUSH, a new on-demand delivery service from Uber, will be available in First Data’s Clover App Market. One of the largest POS app markets currently available, the Clover App Market is offered through First Data’s Clover point-of-sale solution. With just a click business

Western Union, Expanding Cross-Border Money Transfer via Mobile and Social Media

The Western Union Company, a leader in global payment solutions, launched WU Connect, an innovative technology platform that integrates with leading consumer messaging and social media platforms to give users a unique way to quickly and conveniently transfer money worldwide. The WU Connect platform embeds Western Union’s robust global money transfer capability into third-party digital

Chase and P97 Enable Mobile Payments for Retail Fuel and Convenient Stores

Following this week’s partnership announcement at Money 2020 between MCX and Chase Pay, mobile commerce provider P97 Networks, Inc. announced that they will launch a program to enable mobile commerce with Chase Pay to pay at the pump and make in-store purchases with their smart phones. Chase Pay is a simple, rewarding and secure payment

Wirecard Acquires Payments Business of Great Indian (GI) Retail Group

Wirecard AG announced its acquisition of the payments business of Great Indian (GI) Retail Group. Founded in 2006, GI Retail Group is one of India’s and South East Asia’s leading electronic payment and retail-assisted e-commerce groups. Wirecard will acquire 100 percent of the shares from GI Retail and financial investors of companies operating payment services

FIME to Offer MasterCard Cloud-Based Mobile Payment Application Testing Services

FIME announces that its EMEA testing laboratory, in France, has been accredited by MasterCard to offer functional testing to mobile payment solution providers and payment issuers developing applications based on the MasterCard Cloud Based Payments (MCBP) specifications. The global market for HCE and cloud-based payments is booming. The respective launches of Apple Pay, Samsung Pay

Chase Announces Chase Pay

Chase announced Chase Pay – a better payments experience for in-store, in-app and online purchases. MCX – which includes retailers such as Walmart, Target, Best Buy and Shell – will be Chase Pay’s premier partner. Chase Pay will be available in mid-2016 to Chase’s customers across its 94 million credit, debit and pre-paid card accounts.

Visa Brings Token Security to eCommerce

Visa, Inc. announced that it has integrated token technology into Visa Checkout, the company’s online check out service used by merchants and consumers globally to make safe, easy payments in just a few clicks. Visa made the announcement at the Money2020 conference in Las Vegas. Visa Token Service is a technology that replaces sensitive payment