Interswitch Forms Business Combination with Paynet Group

Posted on by wademinnie | 10214 Views | 13 min read

Interswitch Transnational Holding, the leading pan-African integrated payments company, announces it has reached a partnership agreement with the Paynet Group, East Africa’s leading multi-institutional payments provider, to combine its businesses. Interswitch will acquire a majority shareholding in Paynet Group and unrivalled  existing shareholders will become shareholders of the Interswitch Group. Bernard Matthewman, current CEO of Paynet,

VeriFone Expands Point-to-Point Encryption Services to UK

Posted on by wademinnie | 11064 Views | 9 min read

VeriFone Systems, Inc.,announced that its Payments as a Service platform for the UK market PAYware Ocius has been certified by the PCI Security Standards Council as an approved Point-to-Point Encryption solution. PCI SSC certification validates PAYware Ocius’ ability to help merchants enhance security and reduce the scope of PCI Data Security Standard management through P2PE

Mahindra Comviva and First Data Empower Merchants Across India Through mPos Roll Out

Posted on by wademinnie | 8102 Views | 12 min read

Mahindra Comviva, the global leader in providing mobility solutions, announced a strategic partnership with First Data, the global leader in payment technology and services solutions, to roll out their mPOS solution that is set to make payment acceptance faster and secure for the Indian merchant community. This holistic payment solution enables businesses, including small and

Cryptomathic Advise Industry How to Secure HCE Applications

Posted on by wademinnie | 11120 Views | 7 min read

Cryptomathic has published its latest white paper, which offers advice to banks and payment service providers on how to protect mobile banking, payment and host card emulation applications against security attacks. The paper, titled: ‘ Protect HCE Mobile Applications with Cryptomathic MASC’ highlights the benefits that HCE brings to the market through simplifying and speeding

TSYS and iMobile3 Partner to Provide Apple Pay Integration

Posted on by wademinnie | 9926 Views | 6 min read

TSYS announced its partnership with iMobile3 to facilitate merchants processing transactions from the recently unveiled Apple Pay with the cloud-based PassMarket Platform. PassMarket currently provides merchants with the essential features to conduct mobile commerce with consumers that include: order ahead, loyalty, offers, e-gift cards, social media, and in-app messaging. More than10,000 merchants and 5 million

PayPal Announces Collaboration With PayGate in South Africa

Posted on by wademinnie | 15735 Views | 6 min read

With the announcement of a partnership between PayPal and local payment service provider PayGate, it is now easier than ever for merchants to accept online payments in South Africa. “PayGate customers can now add PayPal to the list of payment methods they accept simply by ticking a checkbox,” says PayGate’s GM of business development Brendon

Millicom and Kalixa Create Online Payments Processing Partnership for Africa and Latin America

Posted on by wademinnie | 9173 Views | 8 min read

Millicom, the international telecommunications and media company, and Kalixa announced that the establishment of a joint venture to develop a payments service provider to operate in Africa and Latin America, initially commencing in Colombia and Brazil later this year. The joint venture will offer payment acceptance services for both businesses and consumers, including payment gateway

Independent Strengthen Retail Payment Services With Self MPOS

Posted on by wademinnie | 9285 Views | 10 min read

The trading business is growing rapidly, marked by the rise of trade centers and new business centers. These developments also have an impact on competition among merchants, in which merchants must also prepare to clean up services / merchandise better. Integrated services is increasingly necessary in order to increase customer convenience and ease of operation.

VeriFone Reports Results for the Third Quarter of Fiscal 2014

Posted on by wademinnie | 7555 Views | 6 min read

VeriFone Systems, Inc., the global leader in secure electronic payment solutions, announced financial results for the three months ended July 31, 2014. GAAP net revenues were $476 million, compared to $416 million a year ago, a 14% increase. Non-GAAP net revenues for Q3 FY14 were $476 million, compared to $418 million a year ago, a