Ameriabank and Orange Armenia Launch Online Payment Service for Orange Subscribers

Ameriabank and telecom company Orange Armenia have launched an online payment service designed for Orange Armenia subscribers. Who’ll be able to pay for any type of service with ArCa, MasterCard and Visa cards, issued by Armenian banks. Orange Armenia subscribers can now use ArCa, MasterCard and Visa payment cards, issued by Armenian banks, to pay

eGift Card Feature Added to Boost Mobile Wallet and Sprint Money Express

Boost Mobile Wallet and Sprint Money Express, powered by Wipit, provide consumers an easy way to make payments from their smartphone or prepaid Visa or MasterCard with no credit check or monthly fees. Using these apps, consumers can load checks for instant access to cash, get paid faster with direct deposit, pay more than 3,500

Barnes and FIME’s Joint EMV Card Personalization Test Tool Qualified by MasterCard

EMV chip testing providers, Barnes International and FIME, have announced that their latest jointly developed card personalization validation (CPV) test tool has been qualified by MasterCard. The test tool makes it easier for banks, card manufacturers and personalization bureaus to confidently test that a product meets MasterCard’s EMV chip standard prior to applying for the

Optimal Payments Acquiring Service Launches Ahead of Schedule in UK and Europe

Optimal Payments, a leading global online payments services provider has launched its Acquiring Service. The Acquiring Service went live ahead of schedule in September 2014, following the announcement in January 2014 that Optimal Payments had obtained principal membership status for merchant acquiring from MasterCard Europe and Visa Europe. The service supports Optimal Payments’ strategy to

BJ’s Wholesale Club Launches New Co-Brand Credit Card Program with Richer Rewards

BJ’s Wholesale Club, Inc. unveiled its new My BJ’s Perks MasterCard, a rewarding credit card program that greatly enhances Member benefits. The program provides richer features including savings of 10 cents off per gallon of BJ’s Gas every day, earnings up to 5% back on purchases in club and at BJs.com, 2% back on eating out

NAFCU Announces Partnership with MasterCard to Support Credit Unions

NAFCU Services Corporation announced  that MasterCard has become the newest Preferred Partner to join the program serving the credit union community. The partnership was approved following a rigorous RFP process and voting by NAFCU’s three panels of credit union CEOs. Through this partnership, credit unions will have access to innovative credit, debit and prepaid solutions

Is Russia’s Reaction to Sanctions Paving the Way for the Rise of National Payment Systems Across the Globe?

The sanctions imposed on Russia by the European Union and the United States against a number of public and private Russian companies earlier this year have generated substantial noise across the payments industry news channels throughout 2014. The effect of these sanctions was most prominent on the financial sector, when, without any prior notification, Visa

Mahindra Comviva and Econet Release Mobile Money-linked Companion Card

Mahindra Comviva, the global leader in providing mobility solutions, announced the debut of connectMoney Service Manager through a landmark deal with Econet Wireless, Zimbabwe. As a part of the first live deployment of connectMoney Service Manager, Econet Wireless has issued MasterCard debit cards which are linked to the EcoCash Wallet. This is the largest rollout

South African Consumer Confidence Improves

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

Mozido Receives $185 Million in Series B Funding from MasterCard

Mozido, a provider of mobile financial, retail and marketing services, announced a two-part round of Series B funding of up to $400 million. The first $185 million has been funded by MasterCard, Wellington Management, H.R.H. Sheikh Nahyan of UAE, and Julian H. Robertson, Jr., chairman and chief executive officer at Tiger Management. A total of