OT Strengthens Its Portfolio in Austria with Debit Cards Integrating the Local Quick Electronic Purse

Oberthur Technologies (OT), a leading global provider of embedded security software products, services and solutions announced the strengthening of its portfolio for the Austrian debit market by providing rechargeable debit cards integrating the Quick Electronic Purse loaded on OT’s latest contact and contactless cards. This Austria-wide electronic purse service enables cashless micro payments at small

East Africa Bank Partners with MasterCard in Djibouti to Introduce the Benefits of Electronic Payments

East Africa Bank announced the introduction of the first co-branded MasterCard payment card in , with the roll-out of 5,000 MasterCard debit cards. The collaboration between MasterCard and East Africa Bank will see a wider range of electronic payment solutions being introduced in the country, and made available for all citizens. “Only 5% of the

Visa Launches Online Toolkit to Educate Business Owners on Benefits of Chip Technology

Visa Inc. introduced a set of resources to help business owners manage the transition to chip technology for credit and debit cards. The toolkit, available at VisaChip.com/BusinessToolkit, provides merchants with a 10-step implementation guide, downloadable tools and resources, and a module to train employees on accepting chip cards at the point-of-sale (POS). Chip technology brings

First Data and UL Collaborate to Simplify EMV Adoption for Retailers

First Data, the global leader in payment technology and services solutions, and UL, an industry leader in payment security and compliance, announced a collaboration to help U.S. merchants expedite their acceptance of EMV-enabled credit and debit cards. Large-scale theft of consumer payment data from merchants’ integrated point-of-sale (POS) systems is among the biggest issues facing

Access Bank Unveils Persona Customized Debit Cards

Access Bank Plc unveiled its customized debit cards tagged “Persona” on Friday, November 7th 2014. The product allows customers carry around their fond memories by uploading their favorite image on their debit cards. The Access Bank Persona debit card is a customized card that enables customers to enjoy the privilege of branding their payment cards

hyperWALLET Launches Payment Services to Nigeria

hyperWALLET Systems Inc., a global payments provider, offers advanced payment solutions for corporations with global payment needs. hyperWALLET has recently launched low-cost payment services to Nigeria, enabling companies to pay individuals in-country via direct-to-bank money transfers and reloadable prepaid debit cards. Traditionally, making payments to Nigeria can be an expensive and challenging process for businesses

PagBrasil Takes Lead in Brazilian Online Payments with Debit Cards

PagBrasil has now added domestic Debit Cards to its broad set of local payment methods. As the first Payment Service Provider in Brazil to support debit cards of all major banks, PagBrasil takes Brazilian e-commerce to the next level. Debit cards are issued by all major banks in Brazil and are therefore very popular and

Credit Cards Gained Market Share Against Debit and Prepaid Cards in 2013

Credit cards gained market share against debit and prepaid cards for the third year in a row in 2013, according to the annual report on U.S. payment card spending at merchants published by The Nilson Report, the top trade newsletter covering the card and mobile payment industries. The purchase volume — spending for goods and

China’s UnionPay Debit Cards Most Popular Payment Method in 2013

Purchases for goods and services from merchants worldwide in 2013 grew by $2.786 trillion or 22.0% to $15.422 trillion. The most popular payment method based on purchase volume were UnionPay debit cards, which for the first time surpassed Visa credit cards and Visa debit cards, according to the annual report, Global Cards, published in the

Evolve Money Offers Consumers Debit And Prepaid Card Payment Options

Evolve Money, the first online and mobile app that makes it easy for people to track and quickly pay more than 10,000 bills using cash, now offers people more choices of how to pay with the addition of debit and prepaid cards. Launched this summer by PreCash, Evolve Money is gaining traction as a fast,