Number of Card Payments Worldwide Set to Increase 55% to 417bn by 2021

Rising card acceptance and contactless adoption fuel strong growth According to RBR’s Global Payment Cards Data and Forecasts to 2021, the total number of card payments worldwide increased by 15% in 2015 to 270 billion, almost double the 8% rise in card numbers. The research indicates that consumers around the world are increasingly turning to

Wirecard Cooperates with Otelz.com to Ensure a Frictionless Customer Journey

Bertan Aner, Founder and CEO of Otelz.com. Having been launched in 2013, Otelz.com instantly became a brand that is preferred by worldwide hoteliers and Turkish users for its unique business approach to online hotel booking. More than 5,000 accommodation options from luxury hotels to budget hostels are in its database and promises its customers a

Mastercard Brings Latest Payment Technology to The Barclays

launched last month. Additionally, the public 18th Green Bleacher and Mastercard Club will allow fans to order concessions directly to their seat using Qkr! with Masterpass, an app developed by Mastercard that enables consumers to seamlessly order and pay for food via their smartphones. The app is available for free in the iOS App store

EMVCo Introduces ‘Payment Account Reference’ to Support Tokenization

What is PAR? According to EMVCo, PAR is a ‘newly-defined data element that reduces reliance on primary account numbers (PAN) when managing security requirements and delivering value-added services.’  It has been introduced solely to support the process of payment tokenization. Why has PAR been introduced? Tokenization reduces the value of stored payment credentials by replacing