With so many e-commerce payment providers out there, it's hard to keep track of which ones operate where and which card types they can process. This handy infographic from Formstack sums up the major differences and popularity by location.
Cross Border Acquiring rules brought in across the EU last year have led to a price war among acquirers, driving down transaction costs for merchants savvy enough to demand reductions from January 2015.
South American bank BBVA has allocated 40% of a $2.5 billion investment to doubling the number of customers who access the bank through digital channels.
The Bank of England has established that the limited adoption of bitcoin does not pose an immediate threat to financial stability in the UK. Were the crypto-currency to be more widely adopted in the future, however, the BofE would recommend a re-think of the regulations surrounding bitcoin use.
eBay may be considering launching a spinoff of PayPal as soon as next year, according to an online report that appeared on Thursday.
Paypal and Square aren’t the only companies put at risk by Amazon’s smartphone-and-tablet-based Local Register. Smaller mobile warriors have also been battling it out to capture a share of the market – and for them, the Amazon invasion will be even harder to grapple with.
Following Amazon’s recent launch of a new mPOS solution, mobile payments rival Square has posted a defensive blog post explaining why "myths" that have been circulating about the company are "totally bogus".
The ATM Industry Association (ATMIA) has published new international industry recommendations for maximizing the ATM user interface (UI) for about 2.4 million ATMs worldwide.
Financial institutions must find better ways to tailor their banking services to the needs of business customers, according to a new white paper by Fiserv.
The mobile payments industry is growing so fast that it’s hard for business analysts to keep up. Some estimates set the global value of mobile transactions at USD 1.5 trillion by 2017, others predict that the Chinese market alone will be worth USD 1.4 trillion by next year.
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
