UnionPay International has recently concluded a comprehensive cooperation agreement with Banque Populaire, the second largest bank in Morocco. Mr Chen Zhi, Vice Chairman of China UnionPay was delighted to attend the ceremony. Currently, UnionPay cards are accepted at all POS terminals in Morocco, and ATM coverage is increasing rapidly. As one of the emerging popular
UnionPay International and Attijariwafa, the largest commercial bank in Morocco, jointly announced the launch of ATM acceptance in Casablanca, with which all their 2,000 ATMs will soon be enabled to accept UnionPay credit and debit cards. This will increase UnionPay’s ATM acceptance coverage in Morocco from 15% to 45%. Morocco is one of the emerging
Wirecard, the international payment and internet technology provider, is collaborating with Staxter who will launch an innovative e-commerce and value-added service platform, soon. In its role as an acquirer, Wirecard will enable the German-based company to accept credit cards and alternative payment methods within the app. This means that common payment types such as Visa,
Wirecard, the international payment and internet technology provider, is collaborating with Staxter who will launch an innovative e-commerce and value-added service platform, soon. In its role as an acquirer, Wirecard will enable the German-based company to accept credit cards and alternative payment methods within the app. This means that common payment types such as Visa,
ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, has launched the UP Real-Time Payments Solution—the only global solution that allows financial institutions to address their Real Time Gross Settlement (RTGS), SWIFT messaging and real-time payments needs with a single, universal offering. New requirements for payments processing have never been more
Central Bank of Kenya and Kenya Deposit Insurance Corporation have announced that they have received a non binding offer from SBM Holdings Limited with respect to Chase Bank (Kenya) Limited, as part of the EOI process announced on March 30, 2017. The non-binding offer includes the acquisition of certain assets and matched liabilities from CBLR. Whilst
Mastercard and PayPal has announced a significant expansion of their longstanding partnership into Canada, Europe, Latin America and the Caribbean and the Middle East and Africa to enhance customer choice, optimize the consumer experience and make Mastercard a clear payment option within PayPal across the globe. With the addition of these markets – and following
Indian mobile wallet major, MobiKwik today announced that the company has observed over 400% increase in QR code transactions in this year. The company currently has over 1.5 million QR codes deployed across small and large retailers in the country. The growth of QR code based transactions is credited to the ease of deployment and
Indian mobile wallet major, MobiKwik today announced that the company has observed over 400% increase in QR code transactions in this year. The company currently has over 1.5 million QR codes deployed across small and large retailers in the country. The growth of QR code based transactions is credited to the ease of deployment and
The short term loan or micro-finance market landscape has changed quite dramatically over the past five to ten years due to some interesting influencing factors. These include stricter regulations relating to the affordability of loan applicants, consumers making more educated decisions when obtaining loans, and loan providers behaving more responsibly when they grant them, says
