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Spanish bank BBVA has developed a new platform to enable secure mobile payments in all countries it operates. Using token technology, the bank has developed a platform that connects to Visa... more

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Visa has introduced a new API platform called Visa Next. The platform with beta application programming interfaces (APIs) and development tools for issuers and processors was launched to help build... more

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Citigroup recently announced that it is developing a consumer-payments platform (B2C payments), in a move to enter the rapidly growing digital payments industry. Citi’s new service will offer merchants a... more

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India’s emergence as a digital payment powerhouse is an unlikely story. Until recently, cash accounted for 95% of transactions, 85% of workers were paid in cash, and 70% of online shoppers chose ‘cash on delivery’ as their preferred payment option. Yet, the Indian mobile wallet market is set to grow by 150% over the next five [...]

The post Mobile wallets in India: What the world can learn appeared first on Payments Cards & Mobile.

Visa Inc. acquired Visa Europe, spent a lot, and says it has no regrests. Revenue climbed more than analysts expected in the fiscal Q2 and is expected to increase to the upper end of company’s earlier forecast even as expenses remain elevated on costs tied to its purchase last year of Visa Europe. The payments network spent about $1.5 [...]

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