ECB takes on PayPal with instant payment system
FRASCATI, Italy: The European Central Bank launched on Friday a new system aimed at letting banks settle payments instantly across Europe, helping…
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payment
Sydney credit and debit card contactless payment trial extended to trains
The New South Wales government has extended the payment options available to commuters using public transport, announcing the acceptance of debit and…
Poynt raises $100M for its smart payment terminal | Industry
Elavon, a U.S. Bank-owned payment processing company, and National Australia Bank have participated in the $100 million Series C for Poynt, a…
OVO team up to offer the payment service on the e-commerce platform
Indonesian e-commerce giant Tokopedia and Lippo Group-backed cashless payment service OVO today announced a new partnership that will make OVO…
Tencent QR code payment service for public transport hits 50 million users across 100 cities |…
Tencent’s QR code payment service for public transportation “sao yi sao” (扫一扫) has reached more than 50 million users across 100 cities since its…
Square Launches All-in-One Payment ‘Terminal’ With NFC
Payments company Square launch new point-of-sale hardware device called “Terminal,” which combines NFC, credit/debit card swiping.
Stolen Apple IDs used in string of digital payment thefts in China, says report | Cyber Security
Apple is reportedly encouraging people to turn on two-factor authentication a week after it emerged that stolen Apple IDs were used to steal money…
Contactless topples Chip & Pin as UK’s top payment choice | Tech Top
Contactless payments have become the most popular form of card transaction in the UK for the first time, new figures have revealed. The latest…
3 Things Banks Can Do to Tackle Push Payment Fraud | Risk Management
In August, the UK’s Financial Ombudsman joined the debate on authorised push payment fraud. They argue that banks are not taking enough responsibility…
Dubai Department of Finance Launches Blockchain-Based Payment System for UAE Gov’t | Crypto
The Dubai Department of Finance (DoF) has partnered with the Smart Dubai Office (SDO) to launch a blockchain-powered payment system. The news was…