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A proposed policy by the European Commission, the European Union’s executive arm, that would hasten migration to a Single Euro Area Payments system also may ban direct debit fees in 2012.
January 6 -
Online payment provider SafetyPay Inc. has inked a deal with the Brazil-based bank Banrisul to enable the bank’s 3 million customers to use its platform to make online purchases from international merchants, the firm announced Jan. 5.
January 6 -
Consumer confidence surprisingly fell in December, hurt by rising fears about the jobs market, according to a report released in late December by a private industry group.
January 6 -
U.S. online sales volume reached a record $32.6 billion during the 2010 holiday shopping season, up 12% from $29.1 million during the corresponding period a year earlier, according to data comScore Inc. released Jan. 5. ComScore’s data reflect e-commerce sales during the period from Nov. 1 to Dec. 31.
January 6 -
India’s banking regulator has extended to Feb. 1 the deadline it had set for banks in the country to add a second layer of security to credit card transactions conducted over mobile phones.
January 5 -
Taiwan on Jan. 1 began taking initial steps toward creating an integrated transit-payment system by introducing multicard readers on Taipei’s bus network, according to the Ministry of Transportation and Communications.
January 5 -
United Bank Card Inc. is making its Harbortouch point-of-sale system available for free to merchants that continue to use the company to process their payment card transactions, the Hampton, N.J.-based independent sales organization announced Jan. 3.
January 5 -
Fifth Third Processing Solutions LLC has signed credit card processing agreements with Education First Credit Union and USA One Credit Union, the Cincinnati-based company announced Jan. 3.
January 5 -
Green Dot Corp. plans use risk-management software from Nice Actimize, the prepaid card provider noted in a Jan. 5 press release.
January 5 -
Global Payments Inc. plans to start a credit and debit card processing service in Brazil this year to compete in the $250 billion market, the Valor Economico newspaper reported Tuesday.
January 5
