Global Risk Technologies, analyses recent moves from the payment giants to protect their market share against up-and-coming competitors. By the end of 2014, there were 1.5 billion payment cards in circulation in Europe which accounted for a combined value of €2.9 trillion. Visa is arguably the larger of the two schemes despite both payment giants
Most people choose online payments over conventional payments. With online trade on the rise, we take a look at some of the safest online payment methods. In the early days of e-commerce, or online payments, there were a lot of worries among people using these services. Fraudulent transactions, identity thefts, were the most serious worries.
CyberSource, a Visa Inc. company, and one of the world’s largest providers of eCommerce payment management services, announced a partnership with LINE Thailand, a mobile messenger service application (app). This agreement will allow LINE Thailand to enable mobile payments for its users on LINE Pay, the app’s mobile payment service. Through this partnership, CyberSource will
Swish Payments, an international mPOS service provider, announced that it has been granted principal membership for merchant acquiring by Visa Europe. Swish’s Visa membership complements the provider’s MasterCard membership, which was secured in January 2015. As a licensed financial institution with full Visa and MasterCard membership, Swish will now be able to acquire merchant accounts
Adyen, the global payments technology company, announced a partnership with SurveyMonkey, the leading online survey platform, to kick off global payment processing, starting with Brazil. Through the partnership, more than 800,000 of SurveyMonkey’s current customers in Brazil will be able to pay in reias (R$) via Visa, MasterCard, American Express and Elo credit cards, as
INSIDE Secure , a leader in embedded security solutions for mobile and connected devices, announced that its award-winning mobile payments security solution is now functionally Visa Ready approved by Visa Inc., for use in Visa Inc. territories. MatrixHCE, a software-based banking and payment solution, protects sensitive data on mobile devices while allowing banks to prominently
Emergent Payments, a global payments company that enables digital businesses to accept over 200 secure payment methods around the world, announced it has added executives from PayPal, Worldpay and Visa to its senior leadership. The new executives will enable Emergent Payments to address a new wave of growth, following the company’s re-launch in June 2015
Visa Inc. announced that Samsung has joined the Visa Digital Enablement Program (VDEP), which offers a commercial framework that makes it easier for issuers and technology companies to access the Visa Token Service. Samsung will use the Visa Token Service (VTS) to offer secure mobile payments. By joining this program, Samsung will be able to