Friday, June 18, 2021
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Visa Europe launches P2P payment services

New mobile payment services help banks realise the future of payments Visa Europe has launched Visa Mobile Person-to-Person payments and Visa Alerts: two new services designed to help consumers manage their money and make payments...
US banks roll out Zelle P2P money transfer app to take on Venmo

US Banks debut faster P2P payments with Zelle network

More than 30 US banks and credit unions are unveiling a unified service to customers this week, called Zelle, after years of watching Silicon Valley innovators from Square to Apple build P2P payments systems. Zelle will...
Paytm

India’s Paytm collects 8 million new users after cash clamp down

Paytm has reportedly added 8 million new users in the two weeks after the Indian government announced the replacement of the country’s highest-denomination bank notes. In a bid to root out corruption, counterfeit money and...
Microsoft Pay

Microsoft rebrands Microsoft Wallet to Microsoft Pay

Microsoft has rebranded its built-in payments framework on Windows 10 from Microsoft Wallet  to Microsoft Pay, following in the footsteps of Apple and Google with Apple Pay and Android Pay. The name change comes via...

Aussie telcos support for m-payments

Payments via mobile phones should gain traction in 2013 as more devices with small near field communication (NFC) chips come onto the market, according to Australian telcos. The companies are ramping up plans to deliver...

Apple Pay pricing + T&C’s revealed for US banks

According to the term sheet, which was picked up by equity analyst at Keefe, Bruyette & Woods, Sanjay Sakhrani, Apple will receive 15 basis points (0.15 percent) per credit card transaction, as well as...
The payment services layer on top of the bank payment infrastructure layer

PSD2 and Europe’s Open Banking Mandate – a report

In a new report, PSD2 and Europe’s Open Banking Mandate,  we aim to analyse the implications of the revised Payment Services Directive, PSD2, for the European banking industry and Open Banking challenges both for banks...

Has Apple underwhelmed with Apple Pay?

The concept of mobile payments, mobile money, and mobile wallets has been around for some time and many major companies have had a go at it. Some progress has been made but with so...
mobile wallet market

Huawei Pay debuts in Russia with UnionPay as mobile wallet market is expected to...

Huawei Technologies and China UnionPay have set their sights on international markets, as they prepare to launch Huawei Pay digital wallet technology outside the mainland, going shoulder to shoulder against rival e-wallet services such...
WeChat Pay

WeChat Pay at the Point of Sale in the UK

WeChat Pay, a widely adopted e-wallet payment solution in China and the iconic Camden Market, London’s fourth biggest tourist destination, is the first in the UK to make WeChat Pay available at the point...

Latest News

Payment industry history with first AES DUKPT key management implementation

Verifone says it has implemented AES DUKPT with its end-to-end encryption solution, VeriShield Total Protect, its Engage family of payment devices, and Carbon 8 & 10. Co-designed by Verifone, AES DUKPT...
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