Western Union announced the inking of an agreement to provide, for the first time, money transfer services to consumers in Angola. The deal, with the Angola Post Office, will be facilitating connectivity across the country, keeping its services relevant for years to come.
CA-based Green Dot, a major prepaid card specialist, is acquiring Santa Barbara Tax Products (TPG), the nation’s largest consumer tax refund transaction processor. The move will greatly expand Green Dot’s financial services for low and moderate income consumers.
Visa is looking to unload its investment in Monitise a UK-based mobile payment developer and processor. Visa says it will be lessening its dependence on external mobile development resources. J.P. Morgan Securities is handling the process. The news sent Monitise stock price south by more than 30%.
UK-based Corethree is teaming with San Francsico-based Boku to enable consumers to charge their bus tickets to their mobile bill. Corethree is a m-ticketing technology specialist and Boku is focused on direct carrier billing-based mobile payments.
MasterCard and BANSEFI announced a partnership to foster financial inclusion in Mexico through the disbursement of social benefits using electronic payments. The BANSEFI MASMasterCard-branded card is part of the recently launched social support program developed by the Mexican Government.
Boston-based Abine’s Mask Me service is garnering growing interest in the wake of major retail payment card data breaches. The firm is currently offering a promotional rate of $29.25 per year (normally $39.95) for its payment card masking service.
PayPal is introduced PayPal Here enabling customers the convenience to pay using their mobile devices by checking-in through the PayPal app. The new PayPal Here app for Android tablets is available for download on the Google Play store in five markets – including the United States, United Kingdom, Australia, Japan and Hong Kong.
NJ-based Heartland Payment Systems has introduced a mobile and online ordering solution for restaurants of all sizes. Heartland Mobile and Online Ordering, in partnership with ToGoTechnologies, provides restaurateurs and consumers alike a convenient ordering experience that has previously been enjoyed only by large restaurant brands and their customers.
The NFC Forum has added Analog testing as part of its Near Field Communication (NFC) technology Certification Program. It is the world’s first detailed evaluation of the Radio Frequency (RF) performance of an NFC device.
MA-based Primax, a provider of debit and credit card issuing and merchant acquiring programs, products and services, has unveiled a new online tool enabling cardholders to activate their cards, check balances, make payments, and view, download and print transaction statements.
CA-based Flint has added two new features to its mobile payment service. The new Team Accounts feature allows multiple users within an organization to use a single Flint account to securely accept card payments, create invoices and send Apple Passbook coupons from their smartphone. The company also introduced its application update for iOS8.
ID Tech secure payment solutions, mpayments and digital signage announced the UniPay msolution is now included in the Visa Ready Program. UniPay is a compact MagStripe and EMV Smart Card mobile reader that can transform any mobile device into a POS system by connecting through the audio jack port.