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Domestic Schemes matter: acquirers and merchants should not overlook them
Amidst all the hype about new payments methods and channels, it’s easy to ignore smaller, single-market players – but to do so would be a mistake. Domestic payment schemes accounted... more
The post Domestic Schemes matter: acquirers and merchants should not overlook them appeared first on Payments Cards & Mobile.
Revolut announces merchant acquiring solution for businesses
Revolut has extended its business product offering by offering a merchant acquiring platform from which businesses can accept online card payments. Revolut’s chief executive Nik Storonsky announced that merchant acquiring... more
The post Revolut announces merchant acquiring solution for businesses appeared first on Payments Cards & Mobile.
Worldline signs a major strategic commercial acquiring alliance with ANZ Bank
Worldline has signed a major strategic commercial acquiring alliance with ANZ Bank, one of the largest banks in Asia-Pacific and Australia’s 3rd largest acquirer with a 20% share of transaction... more
The post Worldline signs a major strategic commercial acquiring alliance with ANZ Bank appeared first on Payments Cards & Mobile.
Mastercard faces down $18.5 billion UK Supreme Court interchange fees class action
The UK Supreme Court has ruled that it will allow a $18.5 billion (£14 billion) class action to proceed against Mastercard for allegedly overcharging on interchange fees to more than... more
The post Mastercard faces down $18.5 billion UK Supreme Court interchange fees class action appeared first on Payments Cards & Mobile.
Banks struggle to keep up in race for payments supremacy
A new report states that senior payments executives at banks feel like they are locked in a payments technology arms race. They also worryingly describe themselves as held back by... more
The post Banks struggle to keep up in race for payments supremacy appeared first on Payments Cards & Mobile.
