All articles by Zak Garner-Purkis

Zak Garner-Purkis

WorldPay extends micro-merchant pilot Smartphone acceptance service

Payment processing company WorldPay are the latest business to go after the micro-merchants card payment market, with the announcement that it is extending its pilot Pay As You Go Card Acceptance Service ahead of a full commercial launch in 2013.

Banca Monte Paschi Belgio to offer dual debit and credit display card

Banca Monte Paschi Belgio (BMPB) is offering a card that can be used as both a Maestro (debit) and MasterCard (credit).

Russia’s credit repayments at two-year low

Financial analytics company FICO and the Russian National Bureau of Credit histories (NBKI) have released figures that put the country’s borrower’s credit repayments at a two-year low.

Wallaby offers iPhone card comparison app

The US based personal finance company Wallaby is offering an iPhone app that ranks the cards in a user’s wallet in order of benefits.

Thyron Systems launches universal payment terminal

UK based mobile payment device manufacturer Thyron is offering a payment terminal compatible with all major smart device application platforms.

Fifth Third rolls out reloadable Prepaid Card

Ohio-headquartered, Fifth Third the 13th largest US bank by assets, has launched Access 360o a reloadable prepaid card.

Bank of America launches Mobile Pay on Demand

Bank of America (BoA) is to offer a service that turns a customer’s smartphone or tablet into a mobile payment device. Available from December 3rd Mobile Pay on Demand reveals the banks intention to compete with Square Payments in this section of the US payment market.

Western Union partners with ChinaPay on direct RMB payments for university

Western Union is expanding its partnership with ChinaPay through a service which enables universities and higher education institutions to accept tuition fees in Chinese Renminbi (RMB).

Judge approves Visa and MasterCard’s swipe-fee deal

A New York Federal Judge has granted preliminary approval to a USD 7.2bn settlement between merchants and Visa Inc and MasterCard over swipe fee rates despite opposition from a group of 1,200 US retailers.

VeriFone launches new mobile payment solution

Point-Of-Sale company Verifone has released SAIL EMV, a new platform that enables mobile merchants to accept payments through a chip-and-PIN solution for smartphone and tablet.