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

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

Payment cards worldwide increase by 8% to reach 13 billion in 2015 New research from RBR shows that the number of payment cards in circulation worldwide increased by 8% last year to 13 billion. Although still impressive, the growth rate fell from 11% in 2014, following a slowdown in the expansion of the Chinese market.

Associates Programme has increased significantly over the past twelve months. Twenty-five new organisations have joined the programme, which enables them to actively participate in discussions to manage and evolve existing and future EMV Specifications for payment technologies. New Business Associates: APCA, Merchant e-Solutions, Netflix, Worldline. Business Associates comprise of merchants, payment networks and other organisations