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The People’s Bank of China, it’s central bank says it has accepted an application from a unit of American Express regarding starting operations in China – clearing a major hurdle... more
The post American Express moves closer to entry to $27 trillion Chinese market appeared first on Payments Cards & Mobile.
American Express says it will launch an Open Banking based product that will enable UK consumers to pay for goods and services online directly from their bank account. Pay with... more
The post American Express launch Open Banking product enabling consumers to pay by bank transfer appeared first on Payments Cards & Mobile.
Curve says it is considering legal action against American Express after the card network blocked its customers from using Curve’s services this week. Curve enables users to load all of... more
The post Curve consider legal action against American Express appeared first on Payments Cards & Mobile.
Mobile Wallet Market size was estimated to be over $100 billion in 2017 and is anticipated to grow at a CAGR of more than 10% over the forecast timespan of... more
The post Mobile wallet market worth $100 billion set to hit $250 billion by 2024 appeared first on Payments Cards & Mobile.
In recent years, interchange rates have come under increasing pressure from a variety of judicial reviews by the US Federal Reserve, the European Union and individual countries such as Canada,... more