MasterCard, VimpelCom collaborate on mobile payments

MasterCard and telco provider VimpelCom have formed a strategic partnership that will combine MasterCard mobile payments technology and solutions with globally integrated telecommunications services from VimpelCom. The partnership, which was announced at Mobile World Congress in Barcelona, will provide payment...

Brands team up for mPOS project in Kenya

At Mobile World Congress today, MasterCard announced a collaboration with Equity Bank to introduce mobile point-of-sale technology to Kenya. The service will be implemented in partnership with mPOS provider Ezetap. "Our collaboration with Equity Bank and Ezetap to introduce this...

VeriFone to integrate MasterPass with its GlobalBay solutions

Alongside the debut of the MasterPass digital wallet service, MasterCard announced that point-of-sale maker VeriFone is partnering to bring MasterPass into its GlobalBay Mobile Point of Sale and GlobalBay Clienteling applications. The integration of MasterPass as a cloud-based payment method...

Visa establishes program for mobile payment providers, partners

Visa wants to make payments easier, or at least easier to understand. The payment giant announced the launch of a new partner program that it said is intended "to accelerate the introduction of innovative payment solutions globally and further drive...

GSMA to offer MWC delegates a mobile wallet

A group of delegates to the Mobile World Congress in Barcelona will be offered the opportunity to pay with their phones. CaixaBank, Gemalto, Telefónica and Visa Europe have announced they will be offering 3,500 delegates at the conference a smartphone complete with a mobile wallet pre-loaded with €15 ($20).

Report: Young adults not enamored with credit cards

According to a report from Mercator Advisory Group, consumer credit card use remains steady, but young adults age 18 to 35 are eschewing credit cards. In its "Consumers and Credit 2012: Come Back, Young Cardholders" report, Mercator said that only 59 percent of young adults in this age group have credit cards.

Visa to launch cloud, NFC payments in UK this year

The U.K. will see a cloud-based digital wallet service this year, according to Visa.

Visa announces managed mobile money services

Card brand Visa Inc. announced its new plug-and-play mobile money platform aimed at making it easier for financial institutions and mobile network operators around the world to offer mobile financial services to consumers.

Mobile payments at 'the world's best bar'

A38 is the best bar in the world, at least according to Lonely Planet. And now the Budapest nightclub is letting patrons purchase tickets for its programs and concerts using a virtual wallet from MasterCard.

Amex lets cardholders buy with tweets

American Express is going beyond discounts and adding purchasing to its social tools. Amex members who link their cards to their Twitter accounts will be able to make purchases by tweeting special hashtags.

ICICI Bank and Aircel providing mobile money solution to India's underserved

ICICI Bank of India, the country's largest private sector bank, is launching Mobile Money with wireless provider Aircel. The program, aimed at the nation's financially underserved population, will run on card brand Visa's platform. Mobile Money will provide unbanked consumers,...

8 more states thinking about merchant surcharge ban

Ten states have already prohibited merchants from charging a fee at the POS. Now eight more are thinking about joining the list. According to a report by CUNA, the states of Hawaii, Illinois, Mississippi, New Jersey and Rhode Island are currently considering bills that would ban merchant surcharges.

Retailers get power to add credit purchase surcharge

This week, merchants in 40 states gain the ability to surcharge customers who use credit cards for purchases. The change is one measure in the proposed anti-trust settlement between U.S.

Visa's digital wallet to deploy in 2013

This year will be a banner year for mobile payments. So says Visa Europe.

RIM gets Visa approval for secure element management tool

Are mobile payments key to a resurgent Research In Motion? Could be. The maker of BlackBerry devices announced its Secure Element Manager solution for NFC mobile payments has been given the official Visa stamp of approval.

Shazam intros mobile app for debit cardholders

Shazam has announced the launch of Shazam Bolt$, an app for smartphones and tablets that allows financial institutions to offer their Shazam debit cardholders free, mobile access to their debit card accounts. The EFT services provider has also created an...

U.S. Bank to test NFC-enabled mobile payments for iPhone users

U.S. Bank will be offering FlexPerks Visa cardholders in Salt Lake City, Utah, and Portland, Ore., the option to try a new mobile payment product called U.S.

ZTE and China UnionPay to collaborate on mobile payments

Another partnership is looking to introduce a mobile payment service in the Chinese market. This time it's handset-maker ZTE Corp.

MasterCard forms strategic partnership, takes minority stake in C-SAM

C-SAM and MasterCard are becoming strategic partners. The companies announced the new deal yesterday.

Gemalto SIM card gains important card brand certification

Digital security provider Gemalto announced that it has obtained certification for its UpTeq NFC SIM cards from payment networks American Express, MasterCard and Visa. The UpTeq NFC SIM cards securely store personal data and payment credentials on a mobile device...

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