Facebook has forged an agreement with Southeast Asian internet company MOL Global in order to allow users across Asia to pay for virtual goods through the social networking website.
MasterCard appoints global head of debit
MasterCard Worldwide has appointed Carlos Menendez as its group executive for the network’s portfolio of debit products around the world.
Discover forms alliance with Serbian player
Discover Financial Services has formed an alliance with Serbia’s payment network DinaCard.
AT&T in mobile payments partnership
Communications company AT&T has partnered with Apriva, a specialist in wireless payments, to launch a mobile payments service.
Japan’s JCBI expands acceptance in Vietnam
JCB International (JCBI) has implemented a merchant acquiring agreement with Vietnam Eximbank to enable Vietnamese merchants to accept JCB-branded credit cards.
UK consumer credit figures reflect reduced demand
Statistics from the British Bankers’ Association (BBA) show that in 2009, after allowing for securitisations and write-offs, there was a contraction in net lending for consumer finance of £1.7 billion ($2.6 billion) by the main UK high street banks.
Japanese boost for Western Union
Western Union has received the go-ahead to offer its money transfer services in Japan.
EAPS facilitates German debit card acceptance in UK
ATMs in the UK will now be able to accept German debit cards – girocards – following a partnership between the Euro Alliance of Payment Schemes (EAPS) and LINK, the UK’s ATM network.
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