Mauritius Commercial Bank (MCB) has inked a deal to enable MasterCard debit cardholders for the first time be able to make online payments in Mauritius, and internationally, effective February 2016.
China’s UnionPay has teamed with Société Générale and merchants in 8 African countries, namely Madagascar, Benin, Ivory Coast, Burkina Faso, Cameroon, Guinea, Senegal and Chad, to accept UnionPay cards.
Online payments provider Checkout.com, and Diners Club report effective today all Checkout.com merchants will have the opportunity to accept sales from cards running on the Discover Global Network.
Transact24, a Hong Kong-based payment services provider, has opened a new US office in Frederick, MD. Transact24’s focus on the US market has increased in recent years as a direct result of the growth of their ACH payment processing and credit/debit card acquiring business lines.
Net 1 UEPS Technologies has acquired a 43.88% interest in Transact24 Limited , a specialist Hong Kong-based payment services company.
Morocco’s largest bank Attijariwafa signed a deal with UnionPay International for complete ATM acceptance within the bank’s network. The move will see the local ATM acceptance of UnionPay cards soar to 40%.
JCB and Middle East and Africa electronic payments processor, Emerging Markets Payments (EMP) inked a deal for JCB card acceptance at more than 15,000 locations in Jordan, including all of the company’s point of sale (POS) terminals in the country.
The Middle East and Africa segment of MasterCard’s Asia-Pacific-Middle East-Africa region (APMEA) exploded in 2013 with a number of new cards entering the market, proliferation of mobile payments and Shari’a compliant MasterCards. At the end of the third quarter there were 410 million cards issued in the APMEA region. Gross dollar volume for the third quarter was $410 billion. MasterCard will release fourth quarter and annual results on January 31 before the market opens.
First Atlantic Commerce (FAC) and Bookeo announced their integration. FAC is a Bermuda-based, feature-rich payment gateway that was established in 1998 to deliver customized and flexible online credit and debit card processing to international corporations across the globe. The company also provides card storage functionality and risk mitigation solutions to its merchants. Bookeo is a software tool that allows businesses and institutions to take online reservations 24/7 from their Facebook and web page, directly from their clients’ mobile device, laptop or computer. Ideal for all businesses that need to schedule their appointments, Bookeo is easy to set up, has no software to install, and supports 25 languages.
China UnionPay, the national bankcard association in China, reached a number of milestones in 2013 and is now accepted in more than 140 countries and regions and covering more than 10 million POS terminals and 1.1 million ATMs outside of China. Over 24 million UnionPay cards have been issued in about 30 overseas markets. Among major developments last year: The first UnionPay card was issued in Africa; the first time UnionPay has come into cooperation with an international tourism retail group; the first UnionPay credit card is issued in North America; the first time that CUP has cooperated with a local institution in Nigeria to expand the acceptance of UnionPay cards on a large scale; the first UnionPay debit card issued in Australia; and the first UnionPay travel card outside China is issued in Singapore.
Middle East and Africa segment of MasterCard’s Asia-Pacific-Middle East-Africa region (APMEA) iexploded in 2013 with a number of new cards entering the market, proliferation of mobile payments and Shari’a compliant MasterCards. At the end of the third quarter there were 410 million cards issued in the APMEA region. Gross dollar volume for the third quarter was $410 billion. MasterCard will release fourth quarter and annual results on January 31 before the market opens.
First Atlantic Commerce (FAC) today announced its technology partner, Tropical Web Shop, has developed an extension for the leading eCommerce platform, Magento, enabling merchants to gain simple and easy access to the software. Tropical Web Shop has created an extension to the software, which adds the credit card payment functionality for the overall eCommerce system. The e-Commerce First Atlantic Commerce Payment Gateway Extension for Magento CE is now available direct from Tropical Web Shop, saving merchants time required to customize their integration and configure it to FAC’s payment gateway.