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The European Payments Council (EPC), representing the European banking industry in relation to payments, today commented on the antitrust investigation launched by the European Commission against the EPC’s work in the area of SEPA-wide online payments. The EPC has provided full and transparent information available to all stakeholders on its activities aimed at developing secure [...]

The post The European Payments Council Comments on the European Commission’ Investigation into its Standardisation Process for Online Payments appeared first on Payments Cards & Mobile.

The EC has opened an antitrust investigation into whether the European Payments Council (EPC) is blocking new, non-bank, players from entering the online payments market. The EPC acts as the coordination and decision-making body of the European banking industry for payments. It works for its members – major banks such as Barclays, BNP Paribus and [...]

The post EC launches antitrust investigation into EPC and e-payments market appeared first on Payments Cards & Mobile.

Elavon, today announces the formal launch of www.elavongiftcard.co.uk, a brand new website that makes it easy for SMEs (Small and Medium Enterprises) to deploy their own branded card programmes quickly, easily and inexpensively.  On www.elavongiftcard.co.uk, SME merchants can learn about the benefits of Elavon’s Electronic Gift Card Plus solution and, if desired, go on to [...]

The post Elavon launches ElavonGiftCard.co.uk for SMEs appeared first on Payments Cards & Mobile.

  Contactless smart card shipments are forecast to increase from around 950 million in 2010 to 3.5 billion in 2016. This is one of the conclusions drawn from IMS Research’s recent report “The World Market for Smart Cards and Smart Card ICs – 2011 Edition.”   According to Don Tait, one of the authors of [...]

The post Contactless Smart Card Shipments to Reach 3.5 Billion in 2016 appeared first on Payments Cards & Mobile.

Ogone Payment Services, one of Europe’s leading payment platforms, has entered the rapidly expanding Indian payments market with the full acquisition of EBS (E-Billing Solutions), the second largest online payment provider in India. Financial terms of the agreement were not disclosed. This represents Ogone’s first acquisition and its first move outside the European market. EBS [...]

The post Ogone Payment Services acquires Indian online payment leaders EBS appeared first on Payments Cards & Mobile.