Mastercard Announces Roadmap for Contactless Payments Consistency

Mastercard has announced an initiative to create greater payment consistency by making “tap and go” standard in the next five years. The changes underway ensure that consumers, merchants and governments around the world will be able to take advantage of next-generation digital technology which deliver greater security and convenience. Beginning later this year, Mastercard will require

PCI Security Standards Council Seeks Greater Particiption and Cooperation in Payment Security Issues

At the PCI Middle East and Africa Forum, the PCI Security Standards Council (PCI SSC) announced a significant change in the pricing structure for the PCI SSC Participating Organization (PO) Program that will benefit many countries throughout the region and globally. The new, two-tier approach to PO membership is being introduced in response to industry feedback

Mastercard Payment Transaction Services Launches Tokenization on WAY4

Mastercard Payment Transaction Services S.A. (MPTS), a European processor, rolls out a new digital payment solution that leverages Mastercard Digital Enablement Service (MDES) tokenization for secure payment card provisioning on mobile devices. The solution allows Mastercard Issuers to easily deploy the latest mobile pay schemes including Apple Pay, Android Pay, Samsung Pay as well as

Countdown to the Grand Launch of Next Generation ATM Architecture

ATMIA has announced that next generation ATM architecture will be launched at the association’s main European event  “ATM & Payments Innovation Summit” which takes place on 17th-19th October, 2018 at the Eurostars Madrid Tower Hotel. “The Governance and PR & Communications subcommittees of the Consortium for Next Generation ATMs, which has grown to 125 companies across

Comviva’s Mobiquity Money Crosses 100 Million Mobile Money Customers

Comviva, the global leader in mobility solutions today announced that its flagship mobile money product, “mobiquity Money”, has crossed the 100 million registered customers mark across 60 deployments in 45 countries. Moreover, the product processes 3.6 billion mobile money transactions, valuing over $60 billion annually. On the occasion of completing a decade of mobiquity Money,

Mastercard and MegaFon Extend the Mobile Payment Functionality

Mastercard and MegaFon have presented two joint initiatives at the interface between telecommunications and banking technologies at Mobile World Congress 2018 held in Barcelona from February 25 through March 1. Starting from March 1, MegaFon’s subscribers will be offered an opportunity to link their mobile phone account to Apple Pay or Samsung Pay by creating

Online Card Payments Set to More Than Double by 2022

Research from RBR finds that increasing internet access, smartphone penetration and security are driving rapid growth in e-commerce card payments worldwide Online transactions increasingly convenient as mobile facilitates impulse buys The number of card payments made online worldwide is set to jump from 29 billion in 2016 to 70 billion in 2022, according to Global

CR Launches Omni-Commerce Payment Solution for European Retailers and Restaurants

NCR Corporation, a global leader in omni-channel solutions, launched its NCR WinEPTS payment solution that has been developed specifically for retailers and restaurants in Europe at EuroCIS 2018. An entirely hardware independent, cloud based solution that is omni-channel and omni-commerce ready, NCR WinEPTS can easily be integrated with instant payments solutions of European banks. Flexible

Ingenico Deploys Google Pay Smart Tap

Payment is at the heart of the purchasing experience. Google Pay’s Smart Tap technology enhances the checkout process and makes it seamless for consumers. All Ingenico terminals natively support NFC wallets, and by simply holding their phones to NFC POS terminals, consumers can transmit loyalty cards, gift cards and offers – with Google Pay. This