Processing & Systems RSS

Daily news, E-Commerce, interchange fees, Issuing & Acquiring, POS Terminals, Processing & Systems, Scheme and Interchange fees, Scheme fees -

Visa and MasterCard are reported to be planning to increase interchange fees as well as fees that card networks charge financial institutions for processing card payments for merchants. Though merchants... more

The post Card networks prepare to raise Scheme and Interchange fees appeared first on Payments Cards & Mobile.

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ATM, cash, cashless society, Daily news, Payment Systems Regulator, Processing & Systems, PSR, Regulation -

In a blow to those who believe a cashless society is near,  the UK Treasury Committee has held an evidence session with the Payment Systems Regulator (PSR), in which Rt Hon. Nicky... more

The post UK Government moves to protect cash with ATM protection review appeared first on Payments Cards & Mobile.

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Contracts, Daily news, Earthport, MasterCard, Mobile Remittance, Processing & Systems, Remittance, Visa -

Visa announced an increased bid for Earthport to £247 million as it fights with Mastercard to claim the companies assets. Last month, Mastercard offered around £233 million for the assets... more

The post Visa increase bid for Earthport to £247 million fending off Mastercard appeared first on Payments Cards & Mobile.

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Contracts, Daily news, Earthport, MasterCard, Mobile Remittance, Payments News, Processing & Systems, Remittance, Visa -

Mastercard has stepped in and made a £233 million counter bid to take over payments firm Earthport, as it looks to head off rival Visa’s attempts to buy the company.... more

The post Why Mastercard if fighting to buy Earthport appeared first on Payments Cards & Mobile.

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Alternative Payments (APMs), Banking Circle, Contracts, Daily news, E-Commerce, FinTech, Instant Payments, Issuing & Acquiring, PPRO, Processing & Systems, PSP, real time payments, Remittance, Ronnie D’Arienzo -

PPRO has joined Banking Circle, the financial utility. PerfectCard, the FinTech provider of employee reward and corporate expense solutions, has also joined Banking Circle to streamline payment reconciliation. The latest... more

The post Banking Circle adds value to PSP propositions appeared first on Payments Cards & Mobile.

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