MTN and Visa have partnered to offer customers a ground-breaking mobile payment solution which allows MTN Mobile Money users to make face-to-face and online transactions wherever Visa is accepted. As part of the agreement, MTN customers’ devices will be able to pay using their MTN Mobile Money account in stores with Visa Points Of Sale
Visa Inc. announced financial results for the Company’s fiscal fourth quarter and full-year 2013. Net income for the fiscal fourth quarter was $1.2 billion or $1.85 per share, an increase of 15% and 20%, respectively, over the prior year adjusted results. Net income for the fiscal full-year 2013 was $5.0 billion or $7.59 per share,
Green Dot Corporation and Walmart announced they have expanded the line of Walmart MoneyCard® reloadable prepaid debit cards to include six new card types designed to meet the needs of their growing customer base. Issued by Green Dot, the Walmart prepaid debit card portfolio now includes nine cards, and is available in more than 4,100 Walmart
African payments provider iVeri’s EMV chip-and-PIN mobile payments solution, MPress has been approved by the Visa Ready program. The approval applies for use within Visa Inc. territories. Visa Ready, introduced in February, 2013, is designed to provide innovators with an easy way to collaborate with Visa and quickly introduce Visa-compliant devices, software and solutions that
New data from Visa shows consumers are spending more online than ever before. eCommerce sales on the Visa network have surpassed $1 billion a day for 188 days in the first nine months of the year, demonstrating that billion-dollar eCommerce days have become the norm rather than the exception. The data coincides with a recent
Visa, MasterCard and American Express recently introduced a proposed framework for a new global standard to enhance the security of digital payments and simplify the purchasing experience when shopping on a mobile phone, tablet, personal computer or other smart device. According to an August 2013 report from the U.S. Census Bureau, roughly six percent of
Giesecke & Devrient (G&D) offers a new SIM platform that allows several different NFC applications to be executed securely and simultaneously on a single SIM card. The SkySIM CX SIM-card family provides protected areas that can be used for electronic payment and ticketing applications and for customer loyalty programs. Network operators will thus be able
Chase Bank (K) Limited, Naivas Supermarket and Visa have announced a partnership to launch a secure prepaid card for shopping convenience in Kenya, featuring the latest chip-based technology to cut the risk of fraud. The prepaid card, which is based on EMV chip technology, allows users to better manage their finances by eliminating the need
ROAM, an Ingenico company and the leading mobile commerce platform provider, announced today that its RP350x Chip & Sign Mobile Card Reader is among the first to be certified as Visa Ready. The RP350x can accommodate legacy magnetic stripe credit and debit cards as well as newer EMV chip-based cards. Now merchants can leverage EMV
Botswana will be the first country to benefit from the new program and will allow easy access to funds 24 hours a day, bringing new point-of-sale, online and ATM transaction options to consumers. Currently, Orange Money allows customers to use their mobile phones to transfer funds to any mobile phone subscriber in or outside the
