Visa payWave based contactless payment option has been implemented in QIWI payment services. The Company has combined НСE1 technology with a co-branded Visa QIWI Wallet: now e-wallet users can use their smartphones to pay anywhere Visa payWave contactless cards are accepted.
Consumers across Southeast Asia and Greater China cited identity theft and ATM-related fraud as the top two security concerns when it comes to electronic payments. About 42% of consumers in Southeast Asia (Indonesia, Malaysia, Philippines, Singapore Thailand, and Vietnam) were most concerned with ATM-related fraud such as a stolen card, card cloning or skimming. In the Greater China markets (China, Hong Kong and Taiwan), this figure was 31%.
Pledgeling, the easiest way to donate to charity, today announced it was selected by Swagbucks to handle the company’s employee giving program. Each quarter, Swagbucks gives its employees $50 to donate to the charity of his or her choice.
Elo, the largest Brazilian credit card brand, has inked a del with Discover to allow acceptance of Elo Global Cards for international purchases and cash access outside of Brazil on the Discover Global Network, which includes Discover Network, Diners Club International and the PULSE network.
Parkmobile has ankled Jon Ziglar as Chief Executive Officer. Mr. Ziglar is replacing Cherie Fuzzell, who is leaving the company to pursue other opportunities.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Pamela Patsley Executive Chairman & Chief Executive Officer of MoneyGram.
San Diego-based iWallet has linked up with NEXT Biometrics Group ASA to introduce a turnkey biometric identification solution, iWallet Password, based on NEXT Biometrics’ NB-3010-U ergonomic USB desktop fingerprint reader, a ready-to-use peripheral with USB interface designed to entirely replace passwords when logging into notebooks and tablets.
China’s UnionPay International and Thailand Bankers Association signed a Chip Card Standard License Agreement in Bangkok this week. According to the agreement, the chip card standard of UnionPay will be introduced to the local banks as the standard of Thailand’s banking industry.
Japan’s GMO Payment Gateway has invested US $1 million via the GMO Global Payment Fund to enhance its capital and business alliance with Neweb Technologies a major online payment service provider in Taiwan.
American Express has launched Serve Cash Back, a new prepaid debit Account option that will earn Accountholders 1% cash back on purchases. Consumers who spend in line with the 2012 – 2013 U.S. Department of Labor national averages for gas, groceries, dining out, clothing, transportation and entertainment using the Serve Cash Back Card could potentially earn more than $400 annually2 when earning 1% cash back.
New research confirms the in-store experience is important in all major purchase decisions, with an overwhelming majority of shoppers buying in person. At the same time, shoppers continue to carefully research major purchases of $500 or more, including financing options.
PayVerifi is nailing the card not present headache. Business owners have had trouble processing a credit card with just the number and no card being present. There’s a certain risk that goes with accepting payments this way.