Two million low-income Turkish citizens will receive their welfare funds on MasterCard Prepaid Cards. That means beneficiaries such as widows, the disabled, and the elderly, will no longer have to wait in queue for hours on end to get their money. Their benefits will be given to them faster and much more securely. Electronic payments
Global technology company NCR Corporation has secured a significant order from Industrial and Commercial Bank of China (“ICBC”) for more than 2,000 NCR SelfServ™ automated teller machines (ATMs) in the first half of 2013. The purchase came from ICBC’s first and second batch ATM central buy order in 2013, which includes a total of 2,146 NCR SelfServ
The Western Union Company, released the latest findings from the Western Union Bill Payments Money Mindset Index. The survey of U.S. consumers reveals mobile device ownership and usage are changing consumers’ bill payment behaviors, even as people continue to use different payment channels like in-person or mail to meet their budget and lifestyle needs. For example,
SecureBuy has announced a critical upgrade to their complete end to end eCommerce and Mobile payment fraud solution that allows merchants to process orders from blacklists with all reward and no risk. Blacklisting is a very common practice in eCommerce where a merchant compiles a list of untrusted customers by name, zip code, IP address,
MoneyGram, a global money transfer company, announced that PayPal’s 55 million active U.S. account holders can now initiate a withdrawal from their accounts – online or via mobile – and pick up the funds at any MoneyGram location in the United States. This represents the first phase of a rollout that will also include the ability for PayPal
Identive Group, Inc. a provider of products, services and solutions for the identification, security and RFID industries, reported its financial results for the second quarter (Q2) ended June 30, 2013. “In the second quarter 2013, we delivered growth in target markets and gained traction with key offerings, demonstrating Identive’s strategy is coming to fruition,” said
VeriFone Systems, Inc. announced that its PAYware Wynid managed payments solution is powering passenger ticket purchases aboard France’s national railroad operated by SNCF Group. Deployment began in April with the first 1,000 handheld devices that are planned to number 12,000 over three months and handle an estimated 1,650,000 million payment transactions annually across the SNCF-managed
The eCommerce division of WorldPay, a global leader in payment processing, risk and alternative payments, has today announced significant growth across all product groups with transaction volumes up 45% compared to the first half of 2012. In the first half of 2013, over 257 million gateway transactions were processed. Online transactions reached a record rate
NCR Corporation announced that it has designed a “virtual”, first line maintenance capability for Bank of New Zealand (BNZ) in order to maximize ATM uptime and better serve customers. The innovative service can help diagnose and resolve common ATM service opportunities significantly faster from a central help desk, without ever sending an engineer onsite. This
MasterCard today announced the appointment of Marcus Mak as Head of Merchant Marketing for the company’s Asia/Pacific, Middle East & Africa (APMEA) regions, effective immediately. Based in Singapore, Mr. Mak will be responsible for bringing a more dynamic, value-driven proposition to merchants. He will drive business strategy for key merchants and his core responsibilities will
