All articles by Verdict Staff
Verdict Staff
UnionPay launches mobile QuickPass products in Hong Kong
UnionPay International in collaboration with Bank of China (Hong Kong) has debuted UnionPay mobile QuickPass products in Hong Kong.
Doha Bank, MasterCard to offer payment solutions in Qatar
Doha Bank and MasterCard have inked a long-term agreement to roll out a range of payment solutions including remittance offerings and contactless payments in Qatar.
Wirecard links its mobile payment app with bluesource’s loyalty app
Wirecard and Austria-based bluesource – mobile solutions have signed an agreement under which Wirecard’s mobile payment solution, boon, will be integrated into bluesource’s customer card app, mobile-pocket.
Reliance Jio forms strategic partnership with Uber
Reliance Jio, the telecom services arm of Reliance Industries, has signed a strategic partnership with ride-hailing platform Uber that would allow riders to pay the fare for their rides using JioMoney.
Ant Financial to invest $200m in South Korea’s Kakao Pay
Ant Financial, the payment affiliate of Chinese e-commerce giant Alibaba Group, will invest $200m in Kakao Pay, the mobile finance subsidiary of South Korean messaging platform Kakao.
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Payscape, Arsenal Credit Union to provide fintech services to businesses in St. Louis
Payscape, a US-based fintech provider, has teamed up with the Arsenal Credit Union to provide financial technology services to businesses in Eastern Missouri and South-western Illinois.
Barclaycard signs new payments agreement with TfL
Barclaycard has extended its contract to offer contactless payment solutions to Transport for London (TfL) for another seven years, with an option to extend the agreement for a further three years.
Komercijalna banka adds MeaWallet support for its customers in Serbia
MeaWallet, a host card emulation (HCE) software developer, has collaborated with Komercijalna banka to provide its contactless Visa mobile payments solution to bank’s customers in Serbia.
Debit cards retain Portuguese stranglehold
E-commerce is driving payment card market growth in a country still feeling the effects of the banking crisis, but it is the gradual adoption of contactless technology that is anticipated to solidify the future of electronic payments in Portugal and bring prosper to the cards market present in the country
Cash still dominates but card growth is gradual In Lithuania
Lithuania remains a cash-dominated economy, especially in rural areas where payment infrastructure is limited, however there are positive signs for card growth thanks to the country’s above-average volume of online SME traders. The market’s current position and potential could lead to a boom in e-payments