The sanctions imposed on Russia by the European Union and the United States against a number of public and private Russian companies earlier this year have generated substantial noise across the payments industry news channels throughout 2014. The effect of these sanctions was most prominent on the financial sector, when, without any prior notification, Visa
NCR Corporation, the global leader in consumer transaction technologies, announced that Ted’s Café Escondido, has selected and rolled out a complete NCR restaurant technology solution to help improve the operational efficiency of its business across its growing sites. Ted’s Café Escondido currently uses NCR point-of-sale (POS) software and technology, kitchen production, employee theft detection, above-store
MasterCard outlined its vision for online payments beyond passwords, making life simpler for cardholders while increasing security. The company has been leading the co-creation of a new authentication standard, which when adopted, will be the largest wholesale upgrade to online payment security. It will benefit consumers, banks and merchants alike, with invisible authentication and far
Microsoft 4Afrika and Skrill announce their marketing alliance to launch a new e-commerce portal. By integrating with mobile network operators (MNOs), the portal enables Africans to use their mobile wallets to buy from global internet brands, access free educational content and use Microsoft software. This new form of partnership between mobile payment systems, network operators
Regions Bank customers can now take advantage of Apple Pay, an innovative, safe and convenient way of making purchases. Regions now offers debit, consumer credit and reloadable prepaid card customers access to Apple Pay. Apple Pay will work with iPhone 6 and iPhone 6 Plus, in participating stores. When paying for goods and services within
Bitpay, the world leader in business solutions for the bitcoin digital currency,Givex’s Vexilor point of sale (POS) will now enable its merchants to accept payments in bitcoin. Vexilor will process bitcoin payments with ease, allowing for an easy transaction process for patrons and smooth payment retrieval for merchants. To make payment, customers will generate a
NetSuite Inc., the industry’s leading provider of cloud-based financials / ERP and omnichannel commerce software suites, announced that AltaPay, a leading payment management company based in Denmark, has joined the NetSuite SuitePayments program to offer businesses payment options when using NetSuite’s SuiteCommerce platform. Partnering with NetSuite, AltaPay can allow retail and wholesale distribution organizations using
CPI Card Group, a global leader in financial and EMV chip card production and related services, announced the launch of its first EMV Prepaid card program in Canada with its long standing customer, Berkeley Payment Solutions. CPI has developed its EMV Prepaid solution to better serve its customers globally as the demand for higher security
MasterCard, World Food Programme and Poste Italiane have announced the launch of the world’s first integrated online donation platform helping Italians do good every day. The new platform will allow all Poste Italiane MasterCard cardholders to automatically fund micro-donations in aid of World Food Programme every time they use their card. The project presented
Net 1 UEPS Technologies, Inc. announced that its Net1 Mobile Solutions (“N1MS”) business unit has launched a mobile-based payment solution, branded Shmart!Pay Mobile Card, in India together with its partner, TranServ Private Limited (“TranServ”). This mobile-based payment solution is the first of its kind in India and intends to address the growing need to pay
