Issuing & Acquiring RSS

Issuing & Acquiring -

With over R$690 billion (approximately US$300 billion) in card sales volume in 2012, the Brazilian market is the largest acquiring market in Latin America, and Brazil’s card volume grew at double digits between 2006 and 2012. Considering prevailing pricing for acquiring and related products, First Annapolis estimates Brazil to be the second largest acquiring market [...]

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Issuing & Acquiring, Risk & Compliance -

US payments industry deployment of EMV technology accelerated in 2013 to help combat rising card fraud, but widespread industry adoption of US EMV still faces multiple obstacles. Merchants remain suspect about EMV investment, and while the debit industry took steps toward a common debit application, those initiatives were significantly disrupted by Judge Leon’s July ruling [...]

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Issuing & Acquiring -

The recent Target security breach is set to generate a boom in demand for higher security, dual-interface cards, with US EMV adoption and shipments forecast to surge twentyfold from 2013 to 2018, according to a new report from IHS Technology . Shipments of the higher-security cards to US consumers will grow from 12.6 million in [...]

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Issuing & Acquiring -

Elavon has been selected by mobile payments provider iZettle to provide the back-end card payment processing which aids its services to small businesses across countries including the UK and Spain. Further expansion beyond Europe has been initiated with Mexico being the first such market. Elavon was chosen by iZettle for its pan-European reach, enabling its [...]

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Issuing & Acquiring -

V.me by Visa, the first pan-European digital wallet service to be offered by banks and financial institutions, is now live in the UK, France, Spain and Poland. The UK’s Nationwide Building Society is today joined by leading issuers BPCE and LCL in France, with ING Bank Slaski now in pilot in Poland and multiple pilots [...]

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