AcceptEmail e-bill payment has selected Worldpay to power its international e-billing solutions. AcceptEmail is the digital replacement for paper bills, reminders, bounced direct debits or payment plans. It allows consumers to pay their bills securely and directly from their e-mail inbox on a PC or notebook, tablet or smart phone. Real-time generated images convey the current bill status, resulting in an intuitive payment experience. Worldpay’s global payment capabilities and range of alternative payment types mean AcceptEmail customers are now able to pay using many of their preferred currency, language and payment methods, swiftly and simply.
SWIFT and The Association of Islamic Banking Institutions Malaysia (AIBIM) and the Malaysian Islamic financial community are set to launch a new rulebook for the usage of SWIFT MT messages for Islamic finance. Islamic finance is broadly defined as the financial services designed to comply with the principles of Islamic law. This rulebook will provide greater clarity around SWIFT MT message usage based on Islamic principles in order to enable straight-through processing (STP), thereby improving efficiency as well as reducing risk and cost. It will provide an efficient platform for exchanging Islamic finance messages and further promote the usage of message standards. The SWIFT Islamic Finance Rulebook will be available to the Message User Group (MUG) by the end of 2014, open in all global markets.
Habib Bank Limited (HBL) and MasterCard today announced a partnership which will pave the way for the introduction of MasterCard’s innovative payment tools in Pakistan that will provide a safe, simple and secure payment experience to cardholders. In a major boost for the growth of electronic payment solutions in Pakistan, HBL, under the new collaboration will issue over 7 million MasterCard payment cards in five years including debit cards that will feature the highly-secure EMV Chip and Pin technology, prepaid cards, premium debit and prepaid cards as well as companion cards issued by HBL Express, the branchless banking arm of HBL. HBL will also be issuing MasterCard payment solutions specifically for students and the youth.
MetaBank’s payment solutions division Meta Payment Systems® recently signed an agreement to partner with hyperWALLET. Providing domestic and international mass payment solutions for corporations, HyperWALLET suits all the bank’s needs. The Sioux Falls-based financial company will become hyperWALLET’s second issuing bank in the United States, issuing corporate payment cards and facilitating ACH payments for their business clients.
MasterCard takes the lead in the second quarter for International gross dollar volume with a 12.3% year-on-year gain, compared to Visa’s 3.7%, American Express’ 6.3% gain and Discover with no gain.
Didier Lamouche is the CEO of Oberthur Technologies, a firm that offers end-to-end solutions in the Smart Transactions, Mobile Financial Services, Machine-to-Machine, Digital Identity and Transport & Access Control fields.
CardWeb’s CardPixes database of more than 7,000 card images today features the WalMart MasterCard. The Walmart MasterCard is issued Synchrony Bank.
Visa is going all out to encourage Americans to enroll for its new single log-in online shopping payment service, Visa Checkout. Visa and Pizza Hut are offering one million free pizzas for users of Visa Checkout.
The pay-at-the-table technology company Viableware has changed its name to TableSafe. the Company says the name change is effective immediately and will help to more accurately reflect the benefits of the company’s multi-functional payment platform.
Credit card usage in Kuwait grew at a compound annual growth rate (CAGR) of 12.02% between 2009-2013, driven by the increased installation of point of sale (POS) terminals in merchant outlets and Improved banking infrastructure.
Florida-based EverBank has partnered with FIS to provide FIS People Pay to its customers. The P2P payment service eliminates funding risks as all transactions instantly debit funds from a sender’s account.
Outsourcing vault cash services to a third-party provider is a growing trend with ATM ISOs and IADs. Elan adds more ATMs with a new deal.