Contracts RSS

PKO Bank Polski and EVO Payments International successfully completed EVO’s acquisition of a 66% interest in eService, PKO’s existing merchant acquiring business. In addition, the parties also entered into a 20 year strategic alliance under which the parties will continue to develop eService as a leading merchant acquirer in the region. Under the terms of [...]

The post PKO Bank Polski finalize sale of merchant acquiring business appeared first on Payments Cards & Mobile.

Thames Card Technology (TCT), one of the UK’s largest manufacturers of secure chip credit, debit, prepaid, gift and loyalty cards, announced growth capital investment of £3.2 million from independent UK investment firm, BGF. The equity finance deal will fortify the company with both manufacturing equipment and senior operating and business development personnel, enabling the firm [...]

The post £3.2m equity finance investment for secure chip provider Thames Card Technology appeared first on Payments Cards & Mobile.

PayPal announced it has acquired StackMob, a backend-as-a-service company that helps developers easily implement features in mobile apps. You can, for example, use it to add social network logins and push notifications to your app. StackMob will join PayPal’s core engineering team to help refresh its platforms, which should help when it comes to developing future [...]

The post PayPal acquires StackMob for mobile payments capabilities appeared first on Payments Cards & Mobile.

It is rumoured that Amazon may have made another acquisition, and another move to expand its role in the world of mobile payments. Italian newspapers are reporting that the e-commerce giant has acquired Gopago, a startup that offers consumers an iOS or Android mobile app to pre-pay for goods before picking them up at a store, and retailer POS [...]

The post Amazon rumoured to buy mobile payments startup Gopago appeared first on Payments Cards & Mobile.

ReD and Worldline, Atos subsidiary for e-payment services, have announced a partnership to enrich Worldline’s payments and fraud solution. Through the partnership, Worldline will strengthen its current fraud management and scoring solutions to provide its clients with sector-specific business fraud rules. With these enriched solutions, Worldline will be able meet the expectations of its most demanding [...]

The post Worldline and ReD offer integrated payments and fraud solution appeared first on Payments Cards & Mobile.