MasterCard announced that DHgate, a world-leading B2B e-commerce platform, has integrated and deployed MasterPass, its global digital service, to enable a simplified online payment experience for its customers in China. DHgate is the first merchant in China to go live with MasterPass. Working alongside MasterCard, DHGate will enable small and medium enterprises (SMEs) to strengthen
The Payments Security Task Force provided an update on its discussions and activities since its inception. The task force, which represents a diverse group of U.S. electronic payment industry players, has initially focused on continuing the momentum of EMV chip implementation in the United States. In a recent forecast, nine of the country’s largest payment
Brazil’s card market is expanding rapidly and domestic card labels are now growing faster than the established international labels. During the first three months of 2014, the Brazilian card market grew by 17% to a total volume of 223 billion Real (US$ 100 billion). While Visa and MasterCard are still predominant, local brands such as
MasterCard and First Data Corporation today announced a strategic alliance to provide a unified solution for First Data’s FirstVision platform powered by VisionPLUS with the introduction of MasterCard inControl for banking clients and customers in Asia Pacific. MasterCard inControl is an innovative and secure payment platform that empowers corporates and consumers to set spending limits
USA Triathlon (USA TRIATHLON), the national governing body for triathlon, and Commerce Bank have come together to offer USA TRIATHLON members a Visa rewards credit card. The card offers reward points with unlimited earnings, bonus point opportunities, as well as no annual fee. Cardholders can redeem points for thousands of items including cash back as
Businesses are rapidly adopting a third-party operations model that can put payment data at risk.The PCI Security Standards Council, an open global forum for the development of payment card security standards, published guidance to help organizations and their business partners reduce this risk by better understanding their respective roles in securing card data. Developed by
Econet Wireless has predicted that Zimbabweans will stop using “paper money” by the end of next year as people adopt cards to transact. Econet, which is at the forefront of introducing plastic money in the country, has already invested in more than 5 000 point-of-sale (POS) devices in businesses throughout the country to ensure that
BPC Banking Technologies, the leading provider of Open System payment solutions for the financial industry, announces the successful completion of the OMCARD Namibia project. Powered by the SmartVista installation at Payment Express (PEX), Mauritius and in partnership with Bank Windhoek, the OMCARD from Old Mutual provides customers in Namibia with a unique set of features
Econet’s Mobile Money service,EcoCash, has announced a landmark agreement with MasterCard that will significantly assist in reducing cash dependence and increase financial inclusion through the provision of electronic payments in Zimbabwe. The collaboration will result in more than three million MasterCard debit cards being issued to mobile money provider EcoCash’s customers in the next five
American Express Global Business Travel (“GBT”) has announced new servicing and technology tools and platforms that foster stronger connections and enable smarter communications with travelers and travel managers. Central to these solutions is GBT’s focus on interacting with business travelers when and how they want to be reached, and ensuring a seamless experience from trip
