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According to new research the number of payment cards in issue in the Middle East and Africa (MEA) increased by 13% to 611 million in 2015, making it the world’s fastest growing region. Large unbanked populations mean that many people do not yet have a payment card, and indicate significant potential. Forecasts show that the number [...]

The post Mastercard and Visa make gains in MEA – fastest growing payment cards region appeared first on Payments Cards & Mobile.

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The development of new payment services and the evolution of technology are currently the top priority of most domestic payment schemes. An overwhelming majority of schemes are in favour of cross-border collaboration and the top two rated actions are sharing of technical standards and jointly developing technical solutions. These the findings of a recent global [...]

The post Domestic payment schemes shifting focus to new digital payments services appeared first on Payments Cards & Mobile.

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