Oberthur Technologies (OT) is beefing up its portfolio for the Austrian debit market by providing rechargeable debit cards integrating the Quick Electronic Purse loaded on OT’s latest contact and contactless cards.
In today’s CardFlash News Que: CHECKALT (FinTech); ThreatMetrix (expansion); NCR (Billa); and FINGERPRINT (earnings).
The NFC Forum announced new Associate, Implementer, and Non-Profit members from around the world. Representing industries as diverse as automotive electronics, digital imaging, microelectronics, and asset management, the 19 new members include organizations based in Austria, Belarus, China, Japan, South Korea, Taiwan, and the United States.
UK-based eMerchantPay has joined the UATP Network as a Master Merchant to help online travel agencies and booking engines reach out to new business travel customers by accepting UATP.
MERKUR, an Austrian supermarket chain that is part of the German REWE Group, will equip its high-volume stores with innovative NCR self-checkout solutions.
The first JCB in Austria is being launched by card complete Service Bank. card complete is the leading Austrian market player with more than 1.3 million Visa and MasterCard cardholders.
While posting conservative growth in the number of payment cards and transaction volume over the past five years, Austria presents substantial growth opportunities for the cards and payments industry.
Phishing attacks against the users of Bitcoin sites, notably wallet service Blockchain and the exchange site Coinbase rose in Q2/14. Payoneer’s prepaid MasterCard debit cards have also been heavily attacked.
McDonald’s Austria goes with the launch of the order-app “Quick Mac” in terms of service one step further. Order, pay, pick up: Immediately get there in just three quick steps by means of smartphone to the McDonald’s products. After selection of food in the App Payments are made via paybox, PayPal or credit card. A short time later, the order over the desired restaurant is served in a specially marked area on the counter or in McDrive.
Payleven mobile card payments has expanded its offering and will offer the Chip & PIN card reader to all Austrian retailers and merchants. The payleven solution is targeted towards small and medium sized enterprises, who want a way to accept card payments. It is easy, economical, mobile and most importantly, secure. With payleven, not only merchants, but also private individuals can accept card payments. Once the card reader has been purchased, merchants will only be charged 2.75% per transaction. There is no need for a stationary internet connection which makes the device truly mobile. Furthermore, because the customer is required to enter their PIN, the payment is secure. The transmission process is similar to the one on a traditional POS- terminal.
The closing of the acquisition by Skrill of paysafecard.com Wertkarten prepaid payments business. As the European market leader in prepaid online payment, the acquisition of paysafecard represents a hugely significant step forward for Skrill, expanding its position as one of the world’s largest digital wallet providers. paysafecard’s products allow payments without a credit card or bank account at more than 4,000 online stores and more than 450,000 sales outlets in 33 countries across Europe, North America and South America. In 2012, it processed more than 55 million transactions.
Western Union Business Solutions global payment services launched new offices in Frankfurt, Germany and Vienna, Austria to bring improved international payments services to companies and organizations that operate internationally in both markets, particularly in the SME sector. These services include financial products designed specifically to support small and medium sized importers and exporters, allowing customers to execute payments in over 135 currencies to over 200 countries and territories around the world. The opening of German and Austrian offices is a key element of Western Union Business Solutions’ European expansion strategy as it grows its global presence.