It’s not just the big banks, big networks, and big retailers entering the new Apple Pay domain, it is also big credit unions. The world’s largest credit union with $60 billion in assets has thrown its hat in the ring.
Millicom and Kalixa announced the establishment of a joint venture to develop a payments service provider to operate in Africa and Latin America. The joint venture will offer payment acceptance services for both businesses and consumers, including payment gateway and point of sale solutions for merchants as well as 1-click payment and eWallet provision for online customers.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] When our company was founded, our vision was to develop a simple wallet app that consumers could use on any device, anywhere with any card. To deliver on that promise, we selected NFC as the best technology that was secure, simple and open to innovation. We think that today’s announcement by…
Luxembourg-based Yapital’s cross-channel payment solution has been integrated with the VeriFone H5000 terminal software. With the integration of Yapital in the VeriFone H5000 retailers and merchants can offer their customers the ability to pay with their smartphones by simply scanning a QR code displayed at the terminal.
Montreal-based SmartCard Marketing Systems has signed a letter of understanding to deploy Vieway’s Dynamic Currency Conversion DCC) payment switching services for banks & telco acquirers with ATM, POS & e-commerce gateway solutions.
IL-based ATM manufacturer Cummins Allison, an automated deposit module (ADM) for its full-function automated teller machines (ATMs). The Company says all its full-function ATMs are ADM-upgradable.
The first company to deploy Bitcoin kiosks is integrating plan biometrics technology for use on all its kiosks worldwide. Fujitsu’s PalmSecure technology positively authenticate customers on their entire global network of Robocoin ATMs.
Denmark-based The Nets Group has selected Paris-based Lusis Payments’ TANGO solution its ATMs. Nets is the largest switch processor in the Nordic region with more than 33 million cards and processes more than 1.3 billion domestic debit card transactions in Norway.
With the introduction of Apple Pay the current marketing surrounding NFC is now focused on mobile payments but there is a much broader use for this technology which connects manufacturers with consumers to provide robust product information.
Western Union extended its exclusive agreement with Eurogiro, with scope to allow its members greater access to the full range of Western Union Money Transfer® services including digital offerings. Eurogiro is a global payment network for national postal organisations, post banks, commercial banks and other payment service providers. Eurogiro offers the exclusive Western Union® money-in-minutes service – as part of a portfolio of cross border payment services to 35 of its members. Western Union is harnessing its system with modifications to link cash and digital transfers between retail Agent locations, mobile phones, prepaid cards, online and traditional bank accounts and ATM.
Fiserv is expanding its mobile payments solution portfolio to include tokenization capabilities via Visa Token Service (VTS) and MasterCard Digital Enablement Service (MDES). These capabilities will be available to all Fiserv-processed debit and credit issuers. Fiserv will also enable its Accel debit processing network to support tokenization for its participants.
CardWeb’s CardPixes database of more than 7,000 card images today features the Multi-Currency Cash Passport MasterCard. The card is issued in seven countries by banks, credit unions and other financial service firms.