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Walmart Canada stops accepting Visa
Walmart Canada says it will no longer accept Visa cards after it failed to agree a deal with the card company. Fees applied to Visa card purchases “remain unacceptably high,” the company said in a statement – according to a report on the BBC. Customers will no longer be able to use the card in its [...]
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MPOS driving retail mobilization – improving the retail experience
Miura Systems has released a new report which stresses the importance of mPOS and retail mobilization for the improving customer experience and ultimately growing sales in-store. This is an independent research report that examines the opinions and insights of all the major ‘stakeholders’ involved in the modern retail shopping experience. These included customers and retailers – from frontline shop-floor employees [...]
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Mobile proximity payments surge in China
According to eMarketer, the number of people in China using their phones to pay at the point of sale more than doubled last year, and by 2020, almost half of all smartphone users will be making mobile proximity payments. In eMarketer’s first-ever estimates of mobile payment usage in China, there will be 195.3 million people [...]
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Strong commitment for pan-European instant payment launch
EBA CLEARING has announced that close to 40 financial institutions operating across SEPA have committed to supporting and funding the development and implementation of its pan-European instant payment platform. The funding institutions will be involved in shaping the system design, functionality and interface specifications. The future infrastructure service is scheduled to be live in Q4 2017. [...]
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Cyber security bulletin – overall statistics for 2015
Cyber security – The year in figures In 2015, there were 1,966,324 registered notifications about attempted malware infections that aimed to steal money via online access to bank accounts. Ransomware programs were detected on 753,684 computers of unique users; 179,209 computers were targeted by encryption ransomware. Kaspersky Lab’s web antivirus detected 121,262,075 unique malicious objects: [...]
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