A proof-of-concept connected car to test mobile and online purchases on the go is the works. Visa, Pizza Hut and Accenture have teamed to develop a connected car for commerce a reality.
With more than 700 Mobile Network Operators (MNOs) globally, all with different billing systems, it should come as no surprise that even the most ambitious app stores have not yet achieved 100 MNO activations.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Dennis Byrnes, Executive Vice President, Chief Administrative Officer of ACI Worldwide.
Last year Visa, Chase and Bharti Airtel launched the Airtel Money Visa Card in Kenya and this year are taking their partnership into seven new African markets. New Delhi-based Airtel is a global telecommunications company with operations in 20 countries across Asia and Africa.
New research, based on social media, finds that the confusion and concern over safety and security of mobile payments has been replaced with conversations about tokenization and biometrics.
Samsung Pay will be a reality this summer following the launch of the new Galaxy S6 and S6 Edge phones on April 10th. Visa and MasterCard are fully supportive of Apple Pay’s newest and most formidable competitor.
China UnionPay (CUP) and China Construction Bank (CCB) have entered Russia with two UnionPay CCB debit cards.The new debit cards issued take Ruble and US dollar as the settlement currency, respectively.
High risk credit card processor Netcom PaySystem has launched a new website geared specifically toward those who are considered medium or high risk, are high-volume industries, have owners with poor or bad credit or are in need of an international processing account.
India’s My Mobile Payments a/k/a MoneyOnMobile has announced the launch of PayJaldi service specifically for SMEs. MoneyOnMobile also announced the launch of its domestic Mobile Money Order service for customers in January 2015.
American Express is beefing-up its Premier Rewards Gold Card with 2x Membership Rewards points for purchases at U.S. restaurants, a $100 airline fee credit for incidental charges such as baggage fees, and a personalized travel service.
Following its acquisition last year of Aconite Technology, London-based Proxama is looking to take NFC to a new level in 2015. The Digital Payments Division will be led by the team from Aconite and will enable card issuers and financial institutions to implement services such as tokenization and mobile NFC.
Detroit-based International Bancard has ankled Joshua Dean as its Chief Marketing Officer. Dean brings 15 years of business, technology, and executive experience to the Company.