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PIN-on-Mobile is coming
PIN-on-Mobile is coming: Imagine taking a regular smartphone and turning it into a payment acceptance device with a simple app download. That’s the utopian dream many companies are chasing today and it could bring huge benefits to the payments ecosystem, merchants and consumers as card and mobile payments continue to grow. For small transactions, accepting [...]
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After the launch of a national payment system, what next?
Building a national payment system is a huge undertaking. Prior to launch, banks and non-banks have to collaborate on the governance, rules and features of the system. They have to build coverage across open and instant rails. This takes thorough planning, clear communication and strong supporting processes and branding. Launching a national payment system is [...]
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WeChat Pay at the Point of Sale in the UK
WeChat Pay, a widely adopted e-wallet payment solution in China and the iconic Camden Market, London’s fourth biggest tourist destination, is the first in the UK to make WeChat Pay available at the point of sale. Chinese tourists and the UK’s Chinese community will now be able to shop using their preferred payment method as [...]
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Mastercard piloting turning smartphones into payment terminals
Mastercard unveiled a pilot project in Poland, turning smartphones into payment terminals for accepting contactless payments. The solution is aimed at small and micro merchants that have traditionally taken cash payments, providing them with a simpler and more secure way to run their business. A recent study commissioned by the Polish Foundation for Development of Cashless [...]
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Barclaycard pilots Alipay acceptance in UK stores
Barclaycard is rumoured to begin a pilot that enables merchants in the UK to accept Alipay transactions at POS in-store. The pilot will commence on 14 August 2017 in eight retail stores across the UK, with Barclaycard providing the POS solution for payments via Alipay. Barclaycard anticipates positive results from the pilot – it cites many Chinese expats and [...]
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