CPI Card Group, a global leader in financial and EMV chip card production and related services, announced the launch of its first EMV Prepaid card program in Canada with its long standing customer, Berkeley Payment Solutions. CPI has developed its EMV Prepaid solution to better serve its customers globally as the demand for higher security
MasterCard, World Food Programme and Poste Italiane have announced the launch of the world’s first integrated online donation platform helping Italians do good every day. The new platform will allow all Poste Italiane MasterCard cardholders to automatically fund micro-donations in aid of World Food Programme every time they use their card. The project presented
American Express announced the launch of its American Express Token Service, a suite of solutions designed to enable its card-issuing partners, processors, acquirers and merchants to create a safer online and mobile payments environment for consumers. With American Express Token Service, traditional card account numbers are replaced with unique “tokens,” which can then be used
Official figures released by the global technical body EMVCo show that nearly 30% of all card-present transactions conducted globally between July 2013 and June 2014 used EMV chip technology. The data represents all EMV chip card-present transactions – both contact and contactless – as processed by EMVCo’s members, American Express, Discover, JCB, MasterCard, UnionPay and
Over 400 stores in Norway already accept contactless payment with both Valyou and contactless payment cards. 10 to 20 new stores are being added every week. The CEO’s of Norwegian banks DNB and SpareBank1 Group, and mobile operator, Telenor Group; demonstrated the contactless mobile payment solution, Valyou. The demo took place at the convenience store
Austria Card (Lykos Group) has announced it has produced and delivered to the Nigerian government identity cards with multiple innovative applications such as e-ID combined with biometrics, e-Health, voter-ID, pension-ID, and payment (EMV). In a statement, the company said the new identification documents will enhance security and public service in Nigeria. In all, the cards
Online shopping in Taiwan will soon be made simpler with the launch of MasterPass, MasterCard’s global digital payment solution, on November 19. MasterPass eliminates the need to enter detailed payment and shipping information with every purchase, and simplifies and speeds up the process of completing a transaction from any connected device. Today’s shoppers want simpler
South African consumer confidence has improved for the second half of 2014, according to the latest MasterCard Index of Consumer Confidence released. With a score of 58.7, a slight improvement of 2.4 points compared to last year’s score of 56.3, the Index currently describes consumer confidence as ‘neutral-positive’. Now in its eleventh year in South
MasterCard announced that it has appointed Safdar Khan to lead its growing Islamic payments business in Southeast Asia with immediate effect. Mr. Khan, who is currently country manager for Malaysia and Brunei, will also be promoted to the role of group country manager for Indonesia, Malaysia and Brunei. He will continue to be based in
Tanzania has reportedly lost six million US dollars (over 10bn/-) so far through cyber-related fraud crimes, that involve mostly card skimming and Automated Teller Machine (ATM) thefts. Speaking at the fourth International Commission on Science and Technology for Sustainable Development in the South (COMSATS) conference in Dar es Salaam, the Permanent Secretary (PS) in the
