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Equens processes billionth SEPA transaction
Equens processed its billionth SEPA transaction last week. Since the launch of the SEPA Credit Transfer (SCT) scheme in January 2008 and the introduction of SEPA Direct Debit (SDD) in November 2009, transaction volumes have shown progressive growth. Although Equens’ systems have been prepared for large SEPA payment volumes since day one, it has taken [...]
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Growth in ATM withdrawal volumes suggests bright future for cash
The global ATM market is set to continue to grow, largely as a result of huge projected growth in demand for cash withdrawal services in the coming years, particularly from emerging markets, according to ‘Global ATM Market and Forecasts to 2017”, a study from London-based strategic research and consulting firm, RBR. Volume of Cash Withdrawals [...]
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eBay sets sights on $20 billion mobile sales in 2013
New research from VocaLink into UK consumer appetite for alternative ways to pay on mobile devices reveals that 81% of those interested in new digital payment methods say they are more likely to adopt such services if they are provided by their bank. The independent research undertaken by Accord on behalf of VocaLink, includes both [...]
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MasterCard partner with VimpelCom and Orange to offer mobile money globally
As the mobile industry is in the midst of the buzzing Mobile World Congress in Barcelona, the future of m-commerce and smartphone payments are high on the agenda. eBay has revised its global m-commerce forecast, predicting that it will generate in excess of $20 billion in mobile sales volume in 2013. The forecast comes as [...]
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GlobalPlatform specification supports service provider integration into the NFC Ecosystem
GlobalPlatform, the organization that standardizes the management of applications on secure chip technology, has advanced its specification for the Management of Mobile NFC Services to specifically address how service providers can connect and communicate with other actors operating within the near-field-communication (NFC) ecosystem. The specification has been created based on input from industry bodies, including the European [...]
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