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Visa says that, by the end of this year, more than 12 European countries are adopting the Visa Token Service, a new technology that makes mobile and online payments more secure and convenient by replacing the consumer account information with a digital identifier. The technology is already supporting mobile payment schemes in 27 countries worldwide, [...]
The post Visa Token Service extends mobile payments into 12 European countries appeared first on Payments Cards & Mobile.
More than half of UK consumers are concerned about the ability of businesses and financial institutions to protect financial and payments data, with 19% of respondents saying they do not trust firms to protect their data and 33% saying they are unsure, according to a new global report from ACI Worldwide and Aite Group. Confidence levels [...]
The post UK consumers do not trust businesses to protect financial and payments data appeared first on Payments Cards & Mobile.
This infographic shows the top 10 e-commerce markets in the world , ranked by value. The top ten e-commerce markets are as below, starting with China, the e-commerce giant: 1. China – $562.66 billion 2. USA – $349.06 billion 3. UK – $93.89 billion 4. Japan – $79.33 billion 5. Germany – $74.46 billion 6. France – [...]
The post Top 10 e-commerce markets in the world – infograph appeared first on Payments Cards & Mobile.
National Payments Corporation of India which owns Rupay and Visa and Mastercard have launched the BharatQR – an app-based ‘scan and pay’ solution for small shops. This is the first time in the world that four payment networks – India’s Rupay, Mastercard, Visa and American Express have agreed to come together on a common platform to accept payments. [...]
The post Mastercard, Visa and Rupay launch BharatQR and agree new debit fees appeared first on Payments Cards & Mobile.
Around 2 billion people worldwide do not use formal financial services and around half the adults in the poorest households are unbanked, according to the World Bank. When financial inclusion is a key enabler to reducing poverty and boosting prosperity, we investigate what the payments industry is doing around financial inclusion. At its most basic, financial [...]
The post Addressing the unbanked and underbanked in developing countries appeared first on Payments Cards & Mobile.