On a single day last week travellers on London's public transport network made more than a million taps with their contactless bank cards to get around the capital.
Visa Inc. (NYSE:V) today launched its 20-city tour to educate small businesses and consumers about payment card chip technology (also known as EMV technology).
Visa has issued a challenge to startups, inviting them to pitch their ideas for ways in which the card giant can market its products and services.
Richard Laiderman and Alan Weindorf, financial services executives with expertise in payments, currency, and treasury operations, have joined Promontory Financial Group as senior professionals in its San Francisco office.
The European Parliament has voted overwhelmingly in favour of a bill to cap the interchange fees charged by card schemes for payments using credit and debit cards.
A campaign designed to put pressure on US card issuers to embrace chip and PIN, rather than just chip and signature, technology has been launched.
OP`s customers will be able to pay for their purchases by mobile phone during the spring. In practice, the payment is done by showing Pivo at the point of sale and moving the phone close to the payment terminal.
Australian telco Optus is planning to launch smartwatches and wristbands that let customers make contactless payments with the flick of a wrist.
Visa is working with Accenture and Pizza Hut to test the use of onboard mobile and online commerce for car drivers.
Visa is to work with Bharti Airtel to extend its mobile money service to seven markets in Africa, including Gabon, Ghana, Kenya, Madagascar, Rwanda, Seychelles and Tanzania.
© Finextra Research 2015