In the past it was common in Montevideo that taxi payments were paid with vouchers. This outdated process has now been replaced. After the payment the confirmation will show up at the GPS screen of the Taxi. Users of the taxi company can view the payments, either via web or by sending an SMS message.
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.