Atos Worldline, an electronic payment services provider, is launching a Visa and MasterCard compliant NFC mobile wallet (view press release). The wallet will allow users to pay for good as contactless payment locations by swiping their mobile phone against payments terminals and keying in PIN codes directly on the phone. The solution has been designed to facilitate cloud payments and NFC transaction services.
The UK Government has proposed a new plan that would see RBS fund and deliver a series of initiatives to boost competition in UK’s business banking market.
Barclaycard, which processes nearly half of the UK’s credit and debit card transactions, has secured its contract with Transport for London (TFL) for another seven years, with an option to extend a further three years.
IBM and Visa announced the industry’s first collaboration which brings point of sale everywhere that Visa is accepted.
PayPal CEO Dan Schulman is attempting to make good on his promise to better serve the unbanked.