MasterCard have released new standards designed to help employees take full advantage of the benefits of having their paycheck electronically deposited onto payroll cards. The payroll card standards require employers and payroll card providers to offer cardholders greater insight on how to access their pay through educational resources and increased transparency of any fees. Additionally,
TSYS have announced the release of a white paper titled “EMV is Not Enough: Considerations for Implementing 3D Secure.” The paper considers the impending U.S. migration to Europay, MasterCard, and Visa (EMV) chip to combat fraud, but concludes that there are additional steps issuers must consider to mitigate fraud risk. This report concludes that there
The most exclusive Card Membership in the world has arrived in South Africa with the launch of Centurion, from American Express. Issued by Nedbank Private Wealth, Centurion is now available by invitation only or upon appointment to a select group of individuals in South Africa. ‘Centurion is intended for clients who demand a new level
Equity Bank and American Express have announced a partnership agreement, through which Equity Bank will act as the exclusive issuer of American Express Card products in Kenya, Tanzania and Uganda. As part of this agreement, Equity Bank will also acquire merchants on to the American Express network in these countries. Equity Bank will begin issuing
Citi and American Airlines have announced that beginning in March 2014, the Citi Executive / AAdvantage World Elite MasterCard will be the only U.S. credit card offering full membership benefits at the American Airlines Admirals Club airport lounges. “The American Airlines Admirals Club lounges are an oasis in the airport to many travelers, and we
Non-profit organizations and small municipalities can now apply for a U.S. Bank credit card with fewer fees, a powerful online expense-management tool and other features crafted to their unique needs. The U.S. Bank Visa Community Credit Card has no annual fees, no late fees and no over-limit fees and is now offered in all U.S.
MasterCard is introducing MasterPass™ to the Brazilian market. MasterPass is a digital service that allows consumers to use any payment card or enabled device to discover enhanced and secure shopping experiences with just a click, tap or touch – online, in-store or anywhere. MasterPass eliminates the need for consumers to enter detailed shipping and card
Citi Retail Services, a credit and retail solutions provider to the fuel and retail industries, has announced a multi-year renewal of its U.S. private label credit card relationship with Sunoco, Inc., a transportation fuel provider. Citi has provided branded payment products for Sunoco since 2004. Under the renewed agreement, Citi and Sunoco will continue to
Lycamobile Group, a provider in the prepaid international calling card market, has selected WorldPay, a provider of payment processing, risk and alternative payments, to execute its end-to-end payment services including acquiring, gateway, risk, treasury and alternative payments to support its global payment requirements. Previously, Lycamobile Group used a number of payment providers for acquiring, gateway,
First Data Merchant Solutions, First Data’s direct-to-market merchant acquiring business, and Diners Club International, a business unit of Discover Financial Services, today announced the go-live of their merchant acquiring agreement in the UK. The deal will allow First Data Merchant Solutions clients to readily accept all cards on the Discover Global Network including Diners Club
