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MACH and payvia Partner on mPayments

10, Country, Priority, UNITED KINGDOMBy Robert McKinley 02/06/2013

MACH direct operator billing and payvia mobile payments partnered to integrate their carrier billing technologies providing customers with seamless worldwide mobile payment platforms. With this, MACH will launch its Direct Carrier Billing service in the US, leveraging payvia’s US footprint and relationships with the main mobile operators. payvia and MACH’s platforms monetize services for developers, app stores, online merchants and other content providers, opening a brand new revenue stream and letting them maximize revenues from online, in-app and app billing. By bringing their direct carrier billing technologies together in a seamless global platform, the partners will extend this frictionless payment option that is more secure, fast and convenient than both credit card and premium SMS billing.

1.5% of Airline Online Booking Revenue Lost to Fraud

9, Country, Priority, UNITED STATESBy Robert McKinley 06/21/2012

Globally, 66% of airline merchants are seeing fraud levels stay the same or increase as they lose 1.5% of booking revenue to fraudulent transactions, according to the global Perfect Passenger Payment insights report, commissioned by WorldPay. With 29% of airlines reporting that incidents of fraud have risen in the past year, there is in place a robust screening process when buying tickets online. With this, 71% of consumers would prefer a slower payment process with more rigorous security checks than a faster process with fewer checks. The global study surveyed 51 airline merchants including low cost, regional and global airlines and 4,500 consumers from the US, UK, China, Japan, Brazil, Finland, Spain, Germany and France to explore views on the online booking process for buying airline tickets.

WorldPay Launches RFI and Chargeback Management

8, Country, Priority, UNITED STATESBy Robert McKinley 05/29/2012

WorldPay, the global leader in payment processing, risk and alternative payments has launched Dispute Management System (DMS), a pioneering technology that automates the monitoring and processing of Requests for Information (RFI) and chargebacks, saving merchants considerable time and resource. DMS is a secure chargeback management platform that allows merchants to respond to issuer-initiated chargeback and…

WorldPay Says Alternative Payments to Boom by ’15

8, Country, Priority, UNITED STATESBy Robert McKinley 05/09/2012

WorldPay, the global leader in payment processing, risk and alternative payments has today launched Optimizing your Alternative Payments, an in-depth global whitepaper and interactive heatmap of the alternative payments landscape, and the varying cultural preferences of payment types by geography. The alternative payments (AP) market is growing at a phenomenal rate. Today, it accounts for…

Telehouse Data Centres Meet PCI DSS 2.0 Compliance

9, Country, Priority, UNITED KINGDOMBy Robert McKinley 05/02/2012

Telehouse Europe global data centers and managed ICT services announced its UK sites have attained the PCI DSS 2.0 compliance. This makes it one of the first data centre providers to achieve the standard, following its successful audit by The Logic Group. Telehouse offers global data centre facilities and connectivity, providing a secure and resilient platform for mission-critical IT systems. Established in 1988, Telehouse became Europe’s first purpose-built neutral colocation provider. Today, the company serves over 1,000 major corporations worldwide, from small start-ups to multinationals across a wide range of industries.

Visa Offers Saudi Fransi Credit Cardholders Rewards

10, Country, Priority, SAUDI ARABIABy Robert McKinley 03/26/2012

Visa, one of the leading global payment solution providers, in partnership with Banque Saudi Fransi is offering its Classic and Gold credit cardholders the opportunity to upgrade to Platinum credit cards and enjoy an even wider range of rewards and privileges. The campaign, which runs this month March 2012 gives Visa Classic and Gold credit…

QIB achieves PCIDSS security certification

10, Country, Priority, QATARBy Robert McKinley 03/26/2012

Qatar Islamic Bank – the benchmark Islamic bank in Qatar and one of the leading Islamic banks in the world – announced today that it had achieved compliance with the PCI DSS (Payment Card Industry Data Security Standard) version 2.0. The PCI DSS Compliance Certificate was received today by QIB Acting CEO Ahmad Meshari from…

Visa Europe backs Mobile Money Network

9, Country, Priority, UNITED KINGDOMBy Robert McKinley 03/07/2012

The Mobile Money Network Ltd announces that Visa Europe intends to take a 15% stake in its business, which provides mobile commerce and payments services for retailers. The investment forms part of Visa Europe’s strategy to deliver increased value for consumers, retailers and financial institutions through mobile payments. Visa Europe and MMN will implement a number of m-commerce initiatives in the UK in 2012, taking MMN’s bank-grade, interoperable infrastructure for secure, fast and simple mobile shopping to the mass market. MMN’s instant mobile checkout, Simply Tap, allows customers to easily identify and purchase a product on their mobile. Simply Tap can be used wherever a shopper sees a product they want – in print, on outdoor advertising, in-store or online – allowing the user to make an easy, secure purchase, with products delivered directly to his or her home address.

Mobey Forum Defines mWallet Control Points

9, Country, Priority, UNITED STATESBy Robert McKinley 02/16/2012

Mobey Forum has released its ‘Control Points in mWallets’ white, offering analyses on the rollout of the mobile wallet and how it will be dictated by the various stakeholders involved in its development and deployment. This is the second in a series of mobile wallet white papers from Mobey Forum, the global bank-led industry association driving a prosperous mobile financial services ecosystem, which aims to provide the industry with a new level of thinking on what is required of stakeholders to facilitate widespread adoption of the mobile wallet.

VIVA Bahrain & TransferTo Launch Prepaid Credit Transfer

10, BAHRAIN, Country, PriorityBy Robert McKinley 01/26/2012

VIVA announced its latest partnership deal with TransferTo international airtime transfer, allowing its prepaid customers to transfer credit to their loved ones overseas simply via SMS. Prepaid customers can now ensure their families and friends abroad are always able to get in touch with them no matter the occasion, celebration or emergency at hand. The service, introduced by VIVA for the first time in Bahrain, is secure, immediate and can be used around the clock. It is available for twelve receiving countries: Bangladesh, India, Pakistan, Philippines, Sri Lanka, Egypt, Thailand, Morocco, Jordan, Syria, Indonesia and Nepal.

Trustwave issues Mediterranean Smart Cards PCI DSS Certification

10, Country, EGYPT, PriorityBy Robert McKinley 01/13/2012

Mediterranean Smart Cards Company (MSCC) electronic payment processing has renewed its PCI DSS Compliance certification. This marks the third consecutive year that MSCC has been granted the PCI DSS compliance certification, confirming the company’s dedication to maintaining a secure smart cards processing network in line with international standards. The compliance certificate classified MSCC as “Level 1 Service Provider” for offering a wide range of services including; authorization, switching, payment gateway, clearing and settlement, issuance processing, processing Magnetic-Stripe transactions and providing 3D secure access control server and was issued by Trustwave.

BMI Announces Visa Promotion Winner

10, BAHRAIN, Country, PriorityBy Robert McKinley 12/13/2011

BMI Bank announced Bahraini Hussain Salman Isa Ali won the ‘go anywhere’ Visa credit & debit card promotion. Conducted by Visa International, the promotion was exclusively held for all Visa credit and debit cardholders within Bahrain enabling them to qualify for an entry in the draw on all Visa card transactions made overseas from 1st June to August 31st 2011.

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