A card that allows consumers to choose their five favourite places to shop, dine and spend, and rewards them for spending at those merchants has been introduced by American Express in Singapore.
Barclaycard targets online merchants with new system
Barclaycard is planning to launch a payment processing system to help its e-commerce customers manage their cross-border payments.
Google Checkout launches Android m-payments
Online payments system Google Checkout has developed a service for merchants that enables them to take payments from Android smartphones.
CUP boosts ATM acceptance in Taiwan
China UnionPay (CUP) has signed an agreement with Taiwan Financial Information Service (FISC) to allow its customers to use their cards at ATMs for cash withdrawals and balance enquiry services in Taiwan.
M-PESA provides template for success in Kenya
Financial inclusion is a major issue for Kenya, but the rapid progress of M-PESA – the mobile payments service launched by Kenyan mobile network operator Safaricom – highlights the success that can be achieved by an innovative business model.
Amex partners with processors for chip cards
American Express has teamed up with processors in Canada – including Chase Paymentech, Global Payments and Moneris Solutions – to launch EMV chip and PIN services for Canadian merchants.
Atos Worldline signs mobile deal with SocGen
Atos Worldline, the payments subsidiary of Atos Origin, has signed a deal with Société Générale to support its mobile payments service, giving French customers access to banking and payments services from their mobile phones.
UK companies ‘struggle’ with international payment systems
A survey by payment processor and merchant acquirer Chase Paymentech Europe has found that 77 percent of UK companies that trade abroad admit to significant challenges in accepting payments in different currencies and on internationally-issued cards.
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