MasterCard and Kount Join Forces to Help US Merchants Fight e-Commerce Fraud

Posted on by wademinnie | 9784 Views | 8 min read

MasterCard Worldwide and Kount, a leading provider of fraud prevention and management technology in the US, announced an agreement to make MasterCard’s Expert Monitoring Fraud Scoring for Merchants available to Kount and its merchant customers. MasterCard’s Expert Monitoring Fraud Scoring for Merchants Application Programming Interface (API) improves an online merchant’s ability to detect and prevent

Sage Pay Provides 6,000 Contactless Payment Terminals in Ireland

Posted on by wademinnie | 8452 Views | 7 min read

Ireland’s largest provider of retail and web payment solutions, has announced that they have reached 6,000 contactless payment terminals in Ireland. Contactless payment cards are just beginning to emerge in Ireland, 6,000 Irish Sage Pay retailers have installed the machines. In the UK, over 143,000 card machines have been installed in the market as a

In-store mobile wallet payments will reach €78 billion in Europe & North America

Posted on by wademinnie | 18419 Views | 8 min read

According to a new research report from Berg Insight, in-store mobile wallet payments in the EU is forecasted to grow from less than € 0.1 billion in 2012 at a compound annual growth rate of 275 percent to reach € 45 billion in 2017. This will correspond to 1.6 percent of the credit card and

Global Online Payment Methods Report Released

Posted on by wademinnie | 7951 Views | 24 min read

Online and mobile payments are increasing globally, with new channels emerging. The recent “Global Online Payment Methods 2013 – First Half 2013” report by Hamburg-based secondary market research company yStats.com provides information about the worldwide movement toward online and mobile purchase transactions. The report is based on recently published information from a variety of sources and

MasterCard to Deploy 410,000 Contactless Terminals in Japan

Posted on by wademinnie | 7250 Views | 8 min read

MasterCard announced recently that it will deploy a target of 410,000 MasterCard® PayPassTM-enabled point of sale (POS) terminals throughout Japan over the next three years, enabling travellers visiting the country to enjoy the speed and convenience of making contactless transactions. PayPass, which is presently accepted at approximately 866,000 merchant locations in 51 countries, is offered

Worldwide Mobile Payment Transaction Value to Surpass $235 Billion in 2013

Posted on by wademinnie | 7864 Views | 15 min read

Gartner Predicts That Asia/Pacific Will Overtake Africa to Become the Largest Region Worldwide mobile payment transaction values will reach $235.4 billion in 2013, a 44 percent increase from 2012 values of $163.1 billion, according to Gartner, Inc. The number of mobile payment users worldwide will reach 245.2 million in 2013, up from 200.8 million in

Discover’s PULSE Network Selected for JCB’s Global ATM Transactions

Posted on by wademinnie | 12318 Views | 4 min read

Discover Financial Services, parent company of PULSE Network LLC, today announced that U.S. ATM acquirers will soon have the ability to route JCB transactions over the PULSE Network, as PULSE becomes JCB’s preferred choice for global ATM transactions. ATMs in PULSE’s U.S. network will be able to accept JCB transactions beginning in August 2013. The

DataCash and Redecard Launch eCommerce Solution in Brazil

Posted on by wademinnie | 11454 Views | 8 min read

Global payments solution provider, DataCash, a MasterCard company, announced that it is partnering with Redecard to provide E-commerce Redecard, a payment solution for merchants across the entire Brazilian market. Redecard is a subsidiary of Itaú, the largest bank in Latin America and one of the largest banks globally. Itaú employs over 96,000 people and has

World Bank’s IFC Invests $10m in Earthport to Expand Cross-Border Payments

Posted on by wademinnie | 10427 Views | 10 min read

Earthport, the cross-border payments service provider has announced that IFC, a member of the World Bank Group, has agreed to invest $10 million in the company. The funding will be used to expand Earthport’s presence and payments service infrastructure, particularly in developing countries. Through this investment, Earthport also becomes part of IFC’s extensive network which

44% Growth in Pre-paid Payment Card Market Between 2013 and 2018 Says ABI Research

Posted on by wademinnie | 10883 Views | 7 min read

A combination of open and closed loop pre-paid payment cards in both the government and enterprise sectors will result in cumulative shipments totalling 3.6 billion between 2013 and 2018. ABI Research forecasts that 53% of 2018 shipments will be smart card enabled, up from 24% in 2013. The sharp rise is driven by an increasing