MasterCard has announced the intention to enter into a commercial agreement with Monitise to accelerate the development and deployment of mobile wallets and digital payment solutions by financial institutions worldwide.
PayPal has announced that they have teamed up with Gourmet Burger Kitchen, Wagamama and Prezzo to enable payments via their smartphone app.
Following its success in the US, Australia, Canada and the UK, MasterPass is now debuting in Italy thanks to MasterCard’s agreements with the country’s major banks and an increasing number of participating retailers.
Visa and MasterCard have announced they have stopped providing services for payment transactions for clients at Russia's SMP Bank without notification or warning.
The HM Treasury believes there is a strong case for introducing a new £1 coin to help reduce counterfeiting and ensure the integrity of the United Kingdom’s currency. The notion was echoed this week by the Chancellor of the Exchequer, George Osborne.
PayPal have named Rakesh "Rocky" Agarwal as their new Director of Strategy. Here is what he had to say in his blog post.
The Payments Council has announced the upcoming launch of its new platform dubbed Paym. The service will provide a secure way for consumers to pay using just a mobile number.
PayPal and Samsung have announced a collaboration that will make Samsung Galaxy S5 users the first to be able to login and shop at any merchant that accepts PayPal on mobile and in-stores with only their fingerprint.
Visa has doubled the availability of mobile payment services across Europe in the past 12 months. Mobile payments are now available nationwide in several markets across Europe.
MasterCard has announced it has entered into an agreement to acquire C-SAM, Inc. a provider of mobile wallet and on-device software and services.
PAY.ON, an ACI Worldwide company, delivers white label global payment gateway solutions to payment service providers, ISOs, acquirers, ISVs, and VARs, enabling them to fully outsource payment transaction processing or integrate a gateway-to-gateway solution.
By Shari Krikorian, senior vice president, Mastercard
