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Visa launches commercial m-payment service in Latin America
Visa Inc has announced the start of a mobile payment program in collaboration with Visanet Perú and Telefónica. ‘Pago Móvil...
Hungary fines Visa, MasterCard and banks over interchange fees
Visa, MasterCard and seven of the biggest banks in Hungary have been fined a total of $10.42 million by the...
Elavon and Santander enter merchant services agreement in the UK
Elavon and Santander have announced the launch of a new alliance for merchant services in the UK. This alliance combines Elavon and...
More restaurants stop accepting cash
New York City’s Commerce restaurant has stopped accepting cash for payments. (Extract from Wall Street Journal ) Co-owner Tony Zazula...
Brits ditch cheques as Fast Payments gathers momentum
The total value of cheques cleared in the UK in the second quarter fell a massive 20% compared to the...
London Borough gets its own currency
Brixton in south London has launched its own currency in a bid to boost local trade during the recession. The...
Faster Payments slow so far, but business cases for banks emerging
VocaLink and PricewaterhouseCoopers have published a detailed research report into the UK Faster Payments Service. The scheme has processed 262...
New schemes vital to Sepa for cards success – ECB’s Tumpel-Gugerell
MasterCard and Visa need to be challenged by at least one new scheme if Sepa (Single euro payments area) for...