The new ecoVirtualcard is available in GBP, USD and Euros and supports staff fluent in 7 different languages; also the card can be used to spend money around the world wherever MasterCard is accepted.
Phil Davies, Managing Director of PSI-PAY Ltd, commented: “Take up has been phenomenal and we’re delighted with customer feedback which has so far indicated that this is one of the safest, most economical and versatile product on offer. We have spent a year developing this product and each step of the way we have consulted the very people that we have designed it for. We wanted to get it absolutely right rather than being yet another virtual card out there and I’m proud to say we have achieved that.”
Fresh from its $4.5bn IPO, Nordic payments processor Nets has picked Spire as its partner to help with the physical roll out of mobile payments for Dankort customers.
Square has introduced a new update to its contactless and chip readers that reduces transaction speed to 4.2 seconds.
It seems laptops are about to catch the biometric fever as PayPal, Intel, Lenovo and Synaptics are collaborating to introduce FIDO-enabled embedded fingerprint solution to PCs.
Mastercard is working with Stripe to expedite the payment process for American sellers on the latter's marketplaces using the instant payouts feature from Stripe.