China’s UnionPay International and Bank of China Singapore Branch are teaming to issue the first UnionPay platinum debit card in Singapore. Previously, Bank of China Singapore Branch had issued quite a few UnionPay credit card products.
Yandex.Money, the largest payment service in Russia, has teamed with MasterCard. The Yandex.Money e-wallet and MasterPass are now connected and Yandex.Money users can do shopping on foreign sites where MasterPass is accepted – that is over 250,000 online stores across 24 countries.
Fifth Third Bank is launching a mobile app for commercial cardholders that will allow access to information and account features in a convenient, user-friendly format. In addition, cardholders will be able to suspend and un-suspend card accounts and enable push notifications to their mobile device.
Silicon Valley-based talech Inc., a cloud-based POS solution, unveiled a simple, affordable, EMV ready payment and POS solution that works with specific Ingenico Group terminals, can be activated seamlessly through a software download, and does not require customers to change payment processors.