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Visa annual cardholder expenditure exceeds €1trillion on debit cards
Annual spend on Visa debit cards across Europe has exceeded €1trillion (€1.02 tn) for the first time. The figure represents an annual increase of 8.8%, reports payments technology company Visa Europe, which today announces its annual results for the year ending 30 September 2012. Despite the challenging economic climate, total spend by Visa cardholders grew [...]
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TSYS and Visa support people-centered payments in India
TSYS technology is playing its part in an innovative payment solution launched by Visa in India. The Saral Money program provides Indian consumers with access to financial services and electronic payments for the first time by linking Visa accounts to Indian Unique Identification Accounts. As part of this program, TSYS’s technology is used to authenticate [...]
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Skrill partners with electronic ID technology provider Cybits
Skrill, a leading provider of online payment solutions, is today announcing a partnership with Cybits Holding AG (www.cybitsholding.de) having acquired a share in the company for 985,000 Euros at the end of December 2012. Through its subsidiary, Cybits AG, the company’s core product is [verify-U], which offers electronic age and ID verification. [verify-U] is the [...]
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WorldPay and MoneyGram to expand Direct-to-Account Service
MoneyGram and WorldPay, a global leader in payments processing, risk and alternative payments, announced today the two companies have entered into a strategic alliance to expand MoneyGram’s direct-to-account money transfer service in up to 50 countries globally. The new service will complement MoneyGram’s current direct-to-account product that enables consumers in multiple countries to send funds to [...]
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Diebold demonstrates conceptual millennial-inspired ATM that enables cardless transactions
Influenced by the expectations of the Millennial generation, Diebold, Incorporated is reimagining the automated teller machine (ATM) experience. Diebold has developed the first ATM that includes integration with mobile devices via the cloud, allowing consumers to complete secure, cardless transactions. It also features a new user interface that enables touch gestures, such as flick and drag, commonly used with [...]
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