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During the second three months of this year, Visa Inc. continued to outperform MasterCard Worldwide in U.S. debit and credit card purchase volume, though true comparisons of their debit card programs are difficult because of the differences in how they report their data.
September 21 -
Bling Nation Ltd. soon will tap in to VeriFone Systems Inc.’s vast reseller network to extend point-of sale acceptance of Bling’s rewards-based contactless BlingTags, the companies announced Sept. 21. The deal also will help extend acceptance of PayPal, traditionally an online payment service, to brick-and-mortar retailers nationally.
September 21 -
With another solid quarter behind Discover Financial Services, the Riverwoods, Ill.- based company now says it is focused on increasing merchant acceptance of its cards, growing its Pulse PIN-debit network and boosting customer retention.
September 20 -
As new legislation and economic issues tighten available credit lines, more and more consumers are turning to network-branded reloadable prepaid debit and payroll cards as alternative payment methods to credit cards and cash, new research suggests.
September 20 -
More consumers are using online banking bill-payment services to keep better control over their finances and to hold on to their money longer, suggest new research data from Fiserv Inc.
September 20 -
Loyola University in Chicago this fall plans to help make the areas around the campus safer by reducing the need for students to carry cash when the university updates its campus card program to include off-campus restaurants.
September 20 -
The Apple iPad is being hyped as the future of computing.
September 20 -
Kenya Commercial Bank Ltd. earlier this month rolled out an online-payment service to bolster inbound tourism to the country, an official from the Nairobi-based bank tells PaymentsSource.
September 20 -
Two of India’s largest banks reportedly are looking to outsource the management of their ATM networks.
September 20 -
China's largest mobile-network operator China Mobile is suspending its project involving an RFID-SIM, a mobile-payment technology based on the 2.4GHz standard for contactless payment, local media in China reported last week.
September 20 -
In what will be a landmark event for the heavily closeted banking sector in Myanmar, a private bank in that country reportedly soon will begin offering online-payment services in partnership with a government ministry.
September 20 -
Federal Bank Ltd. has become the latest bank to join the National Financial Switch of India, according to the Kochi-based bank.
September 20 -
SafetyPay Inc.’s recent partnership with Banco Nacional de Costa Rica will enable the bank’s customers to shop online more securely worldwide, Miami Beach, Fla.-based SafetyPay notes in a Sept. 15 announcement.
September 20 -
Mobile-payments firm RegaloCard LLC is bringing its card-based funds-transfer service to an additional 4,000 U.S. retail locations through a distribution agreement with iPayStation LLC, the companies announced Sept. 20.
September 20 -
Positive credit trends and an overall improvement of credit performance helped produce a strong fiscal third quarter for Discover Financial Services, the Riverwoods, Ill-based company announced Sept. 20.
September 20 -
SunTrust Banks Inc. says a system designed to make online purchases is also driving up the use of its online bill-pay service.
September 20 -
MoneyGram International Inc. has agreed to offer its payment services through the processor BillingTree Inc. under the brand PaynCash.
September 20 -
New York lottery players could be losing more than just the price of a ticket on their weekly purchases.
September 20 -
First Data Corp.’s recently announced partnership with a South Korea-based technology company will help strengthen the transaction processor’s ability to support contactless payments in advance of Near Field Communication-enabled mobile payments, according to a First Data executive.
September 17 -
The more than 350 independent sales organizations that work with National Processing Co. should anticipate work as usual once Fifth Third Processing Solutions LLC completes its acquisition of the Louisville, Ky.-based merchant processor.
September 17