UnionPay Cross-border B2B Payment Service Platform facilitates exports of SMEs in Yiwu

UnionPay International has announced that the official website of Yiwu Market ( www.yiwugou.com ) now connects to UnionPay Cross-border B2B Payment Service Platform. Purchasers outside mainland China are able to pay safely and conveniently with UnionPay cards issued overseas to buy goods at www.yiwugou.com. This cooperation between UnionPay International and the website will facilitate the

Mastercard SpendingPulse: Retail Sales Grew 4.9 Percent this Holiday Season

Mastercard SpendingPulse today reports that holiday sales increased 4.9 percent this year, setting a new record for dollars spent. This is the largest year-over-year increase since 2011 and a further indication of consumer confidence. Online shopping also saw large gains of 18.1 percent compared to 2016, boosted by a late season rally. The SpendingPulse report

CrediMax and Mastercard Announce First Launch of Masterpass in Bahrain

CrediMax and Mastercard recently launched the Masterpass service in Bahrain for the first time by integrating the service in the CrediMax Digital Wallet – MaxWallet. Masterpass is a digital payment service from Mastercard that enables consumers to make fast, simple and secure digital payments – across devices and channels – anywhere you want to shop: online, in-app

Gemalto Launches the First Biometric EMV Card for Contactless Payments

Gemalto, the world leader in digital security, has been selected by Bank of Cyprus to supply the world’s first EMV biometric dual interface payment card for both chip and contactless payments. Using fingerprint recognition instead of a PIN code to authenticate the cardholder, the card is compatible with existing payment terminals already installed in the

Holiday e-Commerce Spending Sees Record Year

As the primary e-Commerce shopping period comes to a close due to shipping deadlines, Mastercard SpendingPulse reports that online shopping will play a bigger role in what’s under the tree than ever before. A new report finds that in 2017 e-Commerce saw the largest share of holiday sales ever (tracking at more than 11 percent)

Holiday e-Commerce Spending Sees Record Year

As the primary e-Commerce shopping period comes to a close due to shipping deadlines, Mastercard SpendingPulse reports that online shopping will play a bigger role in what’s under the tree than ever before. A new report finds that in 2017 e-Commerce saw the largest share of holiday sales ever (tracking at more than 11 percent)

Bill Payments Now Available on Samsung Pay in India

Samsung India has launched ‘Bill Payments’ on its flagship payments service Samsung Pay. The new feature will enable Samsung Pay users to pay their utility bills seamlessly using Samsung Pay’s secure and convenient platform. Currently, users can pay their mobile, landline phone, electricity, gas, water and DTH bills using ‘Bill Payments’ on Samsung Pay. The

Euro Automatic Cash Boosts the Availability of its ATM Network in Spain

Euro Automatic Cash, provider of ATM services in branch as well as third party locations, which was acquired by Banco Santander earlier this year, has started using the new NCR Advanced Monitoring Service offering of NCR Corporation, the global leader in omni-channel technologies, delivered by NCR Spain to improve the overall availability of its ATM

Wirecard is the First International Acquirer for Mastercard’s Pay by Bank app

Wirecard and Mastercard made Pay by Bank app, a fully digital payment solution, available to all Wirecard merchants in the UK. Pay by Bank app was created by Vocalink, a Mastercard company, and it enables people to make ‘digital debit’ payments for goods and services via their banking app, with payment made directly from their

Visa Survey Reveals Consumers Are Ready to Say Goodbye to Passwords

A new Visa survey of 1,000 Americans exploring awareness and perceptions of biometric authentication confirms that consumers continue to have a strong interest in new biometric technologies that make their lives easier. New forms of authentication, such as fingerprint, facial, and voice recognition, can make unlocking accounts and payments much easier and more convenient than