Germany-based Wirecard unveiled boon, a new payment solution for Android smartphones operating in four European countries. The app is now available via the Google Play Store in Germany, the Netherlands, Austria and Belgium with more to come.
Netherland-based DIDIX, a prepaid card specialist, has been
acquired by the Blackhawk Network. DIDIX products are sold to millions of consumers each year directly through retail, online and business-to-business (B2B) channels.
Worldline and Equens are getting married. Equens is a prominent European payment services provider, headquartered in Utrecht, Netherlands, with €305 million 2015 revenue. Equens Worldline Company will become the largest pan-European financial processor, targeting 2016 revenue of € 700 million and OMDA of € 120 million, managing approximatively 100 million payment cards and employing 3,000 experts in payment.
Until now, SEQR customers have been able to use their phones to make payments in stores where SEQR have an integration to the merchants’ cash register. SEQR customers will be able to shop with SEQR in any store that has NFC enabled card terminals, whether or not a merchant has a direct agreement with SEQR.
Visa has ankled former Acting U.S. Trade Representative Demetrios Marantis as Senior Vice President, Global Government Relations.
China’s IZP’s global online payment platform Globebill inked a deal witb Belgian business consulting company Cnext. After IZP and Lithuania’s Central Bank signed a bank card settlement agreement on, IZP signed another agreement with Cnext.
One of the key challenges presently facing the mobile payments market is the high level of market fragmentation, defined both by the multiplicity of platforms/solutions technologies being deployed and the increasing range of service configurations being offered. This slows down merchant acceptance and makes it difficult for providers to gain scale. We expect the market to reach a point where consolidation among players and solutions becomes the best way to drive address this issue.
MasterPass. the digital payment solution, is now accepted in 24 countries around the world, with recent additions including Germany, Belgium, Hungary and Turkey. Since its 2013 launch, MasterPass has increasingly been making shopping easier for shoppers and retailers.
In today’s CardFlash News Que: EBANK (debit cards); MasterCard (Media-Saturn); LOYLOGIC (PayPoints); and WISEKEY (conference).
Netherlands-based European payments provider CCV is now using Authentic, an intelligent payments platform from NCR’s Alaric. CCV plans to implement Authentic across Europe to support a new state-of-the-art payments processing solution it has developed for its customers, due to go live in December 2015.
Moldova’s Moldindconbank has implemented OpenWay’s have WAY4 Cash By Code technology. The new ATM service allows bank customers to use an ATM to transfer funds from their card accounts to another individual who needs no card to receive the transferred cash at another ATM.
Later this summer, Burger King will expand its use of MasterPass to its app which offers exclusive deals and allows users to locate the nearest restaurant, explore the menu, and pay directly with their phone. Starting this fall, Firehouse Subs will begin accepting MasterPass too.