Electronic payments RSS
The European payments landscape has undergone a profound transformation over the past few years. According to an April 2019 report by the European Central Bank (ECB), electronic payments have grown... more
The post Card payments are the preferred payment method for both consumers and merchants appeared first on Payments Cards & Mobile.
It’s an exciting time for payments in the Middle East and Africa. Often considered one of the world’s smaller banking and payments markets in terms of available services, the growth in this region in recent years has really exceeded expectations, and this is not set to stop any time soon. The stats According to RBR, [...]
The post The Middle East & Africa – the drivers behind this unstoppable payments market 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 [...]
The post Visa’s $20 billion European expansion beginning to pay off appeared first on Payments Cards & Mobile.
Non-cash payment volumes are expected to continue to grow strongly in 2014, according to the World Payments Report 2015 from Capgemini/Royal Bank of Scotland. Volumes are projected to grow at a rate of 8.9% to reach a record high of 389.7 billion transactions, spurred by economic recovery in mature markets, expansion in China and the [...]
The post Electronic payments grow faster than GDP across all regions appeared first on Payments Cards & Mobile.
Apple Pay has teamed up with bank-card processor China UnionPay and 15 Chinese banks to bring the mobile payment service to China as soon as early 2016. The move, which was reported last month still requires testing and certification by Chinese lenders. The deal will bring Apple Pay to a market where electronic payments have already taken [...]