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Visa has announced it will acquire a “significant minority” stake in Nigerian payments platform Interswitch. Interswitch did not provide financial details in its statement but media reports indicate that Visa... more

The post Visa acquires stake in Nigeria’s Interswitch appeared first on Payments Cards & Mobile.

Chinese payments giants Alipay and WeChat Pay have announced they plan to open up their mobile wallet platforms to international card schemes as regulators ease restrictions. The apps, which dominate... more

The post Alipay and WeChat Pay to support international card schemes in mobile wallet appeared first on Payments Cards & Mobile.

Western Union has deployed full Open Banking application programming interface (API) access to its supporting front-end domestic and international payment applications through its Western Union Business Solutions unit. This new... more

The post Western Union delivers Open Banking API for global payments appeared first on Payments Cards & Mobile.

Transbank S.A. and AEVI announced a strategic partnership to help Transbank’s customers in Chile deliver omnichannel and digital in-store experiences for their merchants. Founded as a credit card processing intermediary... more

The post Transbank selects AEVI to roll out digital in-store solution for business in Chile appeared first on Payments Cards & Mobile.

Vocalink has announced that it has signed a new contract with LINK to continue to provide ATM switching and settlement services until 2031. Having been the infrastructure partner to LINK... more

The post Vocalink and LINK extend partnership until 2031 appeared first on Payments Cards & Mobile.