European Merchant Services (EMS), an acquiring joint venture between First Data Corporation and ABN AMRO Bank, and Zalando are pleased to announce they have signed a three year agreement for online payment processing services on zalando.be. Under the agreement, EMS will process all Bancontact/Mister Cash (BCMC) transactions for Zalando, Europe’s leading online fashion platform with
Digital River, Inc., a leading global provider of Commerce-as-a-Service solutions, announced that it signed a payments agreement with one-stop travel service provider Ctrip. One of China’s leading travel agents, Ctrip is using the Digital River World Payments solution to process credit cards, including Visa, Mastercard and UnionPay on its Singapore site at http://www.ctrip.sg/. Later this
MoneyGram, a global provider of innovative money transfer and payment services announces that the company has reached an agreement with Bank of South Pacific that will enable customers in Samoa and Tonga to receive cross-border remittances. “While we continue to see growth in the economies in Samoa and Tonga, many of the citizens are still
Apriva, the leading provider of secure end-to-end wireless transaction and information solutions, and Global Payments Inc., a leading worldwide provider of payment technology services, announced an agreement to deliver white label mobile payment solutions with EMV to Global Payments’ U.S. customers. “Mobile payments are increasingly crucial in today’s market. Merchants that haven’t embraced a mobile
Digital River, Inc., a leading global provider of Commerce-as-a-Service solutions, announced that it signed a global payments agreement with Tenfu Tenmax, a China-based, direct marketing company. Tenmax is using the Digital River World Payments solution to support its rapid global expansion plans and offer localized payments across Southeast Asia, Japan, Korea, Russia and the United
TD Bank, America’s Most Convenient Bank, announced an agreement with global payments technology company MasterCard to route debit and prepaid card transactions over MasterCard’s Maestro network. Through the agreement, MasterCard will process TD Bank’s debit card and prepaid card PIN transactions. This initiative extends MasterCard’s worldwide presence and breadth of services to TD Bank customers
HomeSend, a joint venture between MasterCard, eServGlobal and BICS, announced an agreement with Dialog Axiata to make international remittance services available to millions of consumers across Sri Lanka. Dialog Axiata, Sri Lanka’s largest telecommunications provider, launched eZ Cash, which grew to become the world’s first inter-operable mobile money service with the advent of Etisalat and
African Development Bank (AfDB) and Equity Bank (Kenya) Limited (Equity) have signed an agreement for a US $148-million multi-sector senior Line of Credit to facilitate onward lending to key economic sectors in Kenya. The Line of Credit (LoC) extended to Equity Bank Kenya by AfDB is expected to boost Kenya’s private sector development through financing
PayPal, Inc. and Xoom Corporation, a digital money transfer provider, announced a definitive agreement under which PayPal will acquire Xoom for $25 per share in cash or an approximate $890 million enterprise value. The transaction represents a premium of 32% over Xoom’s three-month volume-weighted average price and was unanimously approved by the Boards of Directors
Basware has signed a corporate wide agreement with CRAMO concerning Purchase to Pay (P2P). CRAMO offers overall solutions for the construction sector and meets the private and public sectors’ needs of machinery, equipment and modular facilities. The agreement initially covers 1.500 users in Finland, Sweden, Norway, Denmark, Germany and Austria. By gathering solutions for purchasing,
