Spain’s largest bankcard transaction switching network ServiRed and its member Bankia have inked a deal with China’s UnionPay International to enable the acceptance of UnionPay cards by all the ATMs and merchants under Bankia.
Heartland Payment Systems is removing card data from the payment transaction, providing restaurateurs with protection against point-of-sale (POS) intrusions, insider misuse, and other common sources of data fraud by eliminating the opportunity for criminals to capture and monetize card data.
Chargebacks911 says cyber shoplifting is the reason behind a freeze on new hires by Alibaba. The Company says it is seeing a rise in friendly fraud, and this inherently suggests that more and more consumers are lying to convince their bank to file a chargeback.
Wirecard is providing the E-Money and license as well as the technical platform needed to manage the Orange Cash mobile payment application in Spain. Users of Orange Cash can now make mobile payments at any contactless Visa terminal in more than 530,000 stores across Spain and at 2.4 million acceptance points throughout Europe.