MasterCard announced the launch of MasterCard Labs for Financial Inclusion, a new initiative seeking to impact more than 100 million people globally by developing practical and cost-effective financial tools that expand access and help build stable futures over the long term. Through an $11 million grant over three years from the Bill & Melinda Gates
Over the past few years, small merchants have grown their businesses and accepted credit cards for the first time without having to pay big fees that turned them off initially to taking credit. But big changes are coming, in the form of an all-new type of credit card, and all but certain higher costs. Companies
Boost Mobile Wallet and Sprint Money Express, powered by Wipit, provide consumers an easy way to make payments from their smartphone or prepaid Visa or MasterCard with no credit check or monthly fees. Using these apps, consumers can load checks for instant access to cash, get paid faster with direct deposit, pay more than 3,500
Global payment gateway, BlueSnap, launched ChargeLink, a personalized payment page to help global businesses close sales over the phone using their Virtual Terminal. Rather than forcing shoppers to read payment details aloud over the phone, merchants can use ChargeLink to deliver a customized payment page to the shopper with one-click, allowing customers to select their preferred payment method
More than three-quarters of online merchants (79%) believe the growing proliferation of markets, purchasing channels and payment methods pose a significant challenge for effectively dealing with fraud, according to the Fragmentation of Fraud report released by global payments specialist Worldpay. Only one in five (20%) online merchants stated they are very confident about their ability
ACI Worldwide, a leading global provider of electronic payment and banking solutions, announced that Bank of South Pacific Limited (BSP), the largest bank in Papua New Guinea and the South Pacific, has selected the company to power its fraud protection. As the award-winning BSP continues its regional expansion, it remains singularly committed to its customers,
As part of its commitment to bring innovative banking solutions and payment products in the banking sector, QNB, One of the World’s Strongest Banks, has introduced “QNB mPOS” the first ever Mobile Point-of-Sale (mPOS) solution in Qatar, a new software solution designed to support merchants’ growth. “QNB mPOS” (mobile Point of Sale) is the latest
First Data Merchant Solutions, First Data’s direct-to-market merchant acquiring business, announced the launch of Pogo Mobile Point-of-Sale (mPOS) solution in Singapore. The innovative payments solution enables small and medium enterprises (SMEs) to offer fast, easy and secure card payments on the go, when they would usually only accept cash. Merchants only need to plug in
Save the Children is now accepting bitcoin donations through BitPay, the world’s leading bitcoin payment processor. Save the Children is a top-rated charity founded in 1919 to provide aid for European children who were affected by World War I. The organization will be accepting bitcoin donations directly through their personalized BitPay donation page just in
Azimo, the online money transfer service, announced that customers can now send money to Lithuania for a flat fee of just £1 for any amount. The new service comes ahead of Lithuania’s scheduled adoption of the Euro on 1 January 2015. Azimo already charges a flat £1 fee to the Eurozone, meaning that the estimated
