Mobile payments, the use of phones to complete transactions in stores instead of cash and physical card swipes, are going to grow much more quickly than many observers believe. In no small part, this will be thanks to the growing popularity of Apple’s new Apple Pay system.
MasterCard is looking for Canada’s next big tech innovation at the MasterCard Masters of Code competition in Montreal on September 26th and 27th. MasterCard is giving Canadian coders the opportunity to bring their ideas to life by partnering with one of the world’s largest technology companies in the global payments industry.
Irish consumer spending continued to increase during April on an annual basis, at a growth rate of 4.3% The latest growth rate was robust and consistent with the positive recovery in spending apparent in recent months.
Equens has announced the first go-live of its new white-label PSP proposition for banks, acquirers and payment service providers (PSPs). This new proposition is part of the omnichannel solution Equens has brought onto the market.
Atlanta-based Payscape has ankled Doug Hardman as Chief Technology Officer. In this role, Hardman will serve as the leading R&D innovator and visionary for Payscape merchant service solutions and SaaS-based products.
Discover cardholders using Android 4.4 (KitKat) phones in the U.S. soon will be making contactless payments through Android Pay, Google’s new mobile payment solution that will allow people to make purchases with their Android phones in-app or in stores.
Some 15% of Synchrony Financial Services’ private label credit card purchase volume was generated via online and mobile channels, demonstrating the consumer shift to mobile purchasing.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Barrett Burns, President & Chief Executive Officer of VantageScore Solutions.
While mobile devices are considered more secure than desktops to a certain degree, mobile apps on these devices can be a mess at times, so consumers must exercise caution when booking travel or purchasing tickets via these apps this summer.
Visa announced a new program that connects financial institutions and technology companies to simplify and accelerate the roll-out of new payment and commerce services.
Starting this summer, owners of eligible Android devices will be able to use their MasterCard credit, debit, prepaid and small business cards directly through Android Pay.
France-based Oberthur Technologies (OT) reports its selection by QUI! Group in Italy to provide MasterCard smart payment cards to dematerialize luncheon vouchers.