Visa explores options to sell stake in Monitise

Card network first invested in the company in 2009, says this sale is consistent with past investment practices.

Apple, China UnionPay work together on Apple Pay

The companies are working on a plan to bring the new mobile payments system to China.

Apple to use NFC, tokenization in new iPhone and iWatch, according to report

Devices will work in tandem to share tokens to verify payments.

Vodafone partners with Visa on UK mobile wallet

System will be for Android users and will use a special SIM card with NFC tech.

Heartland intros Amex program for small merchants

Processor gives businesses the ability to expand their payment card acceptance options.

Pizza Hut kicking off Visa Checkout partnership with national ad campaign, giveaway

Pizza Hut’s partnership with the new Visa Checkout platform – first announced in July – will officially kickoff with a new national TV ad campaign debuting Sunday.

Sr. Pago intros smartphone chip credit card reader and reloadable debit card combo

Mexican mobile-point-of-sale service Sr. Pago today announced the launch of the Sr.

Mobile banking app charts 850 percent bump in use of debit card on-off feature

Malauzai Software, a provider of mobile banking SmartApps for community FIs, has reported that between November and April, the company saw a 450-percent increase in the use of its debit card management features — and specifically, a rise of 850...

Cumberland Building Society extends relationship with Alaric, NCR

The U.K.-based financial institution has deployed the U.K. Payments Council’s Paym mobile payment service using Authentic and Fractals software from Alaric, an NCR company.

India's Ezetap raises funds from American Express

Ezetap, an India-based mobile point-of-sale provider, has raised an undisclosed amount of funding from American Express to expand its services across Asia and Africa, according to multiple reports. Ezetap said in a statement the Amex investment is minor and did...

Visa contactless transactions in the UK nearly quadrupled in 2013

Contactless Visa card transactions increased almost four-fold in the U.K to 94.3 million in 2013 from 25 million in 2012, according to Visa Europe. Every U.K.

MNepal, eServGlobal partner for Nepalese mobile financial services

MNepal, a consortium of bank and non-bank entities, is to offer financial services in Nepal in partnership with eServGlobal, according to an announcement from the companies. Paris-based eServGlobal provides end-to-end mobile financial services technology to emerging markets. The two companies...

MasterCard launching MasterPass in UAE

MasterCard plans to roll out its MasterPass digital wallet platform in the UAE on mobile devices during 2014, according to a Gulf News report. Countries where MasterPass is already available include the U.K, Australia, Spain, Italy, Canada and the U.S....

MasterPass-enabled mobile wallet launched by Cellum, OTP Bank Hungary

OTP Bank Hungary has become the first European bank to launch a digital wallet with an integrated MasterPass application programming interface, according to announcements from MasterCard and app developer Cellum. MasterPass is a digital platform developed by MasterCard that allows...

Ukash launches app-enabled instant-issue prepaid MasterCard

A mobile app-enabled general-purpose reloadable prepaid MasterCard has been launched by e-commerce voucher provider Ukash. The Ukash Prepaid MasterCard's app, available for iPhone and Android devices, allows customers to check their card balance, view card account details, check recent transaction...

Elavon joins Zapp for UK mobile payments

Mobile payments provider Zapp announced it is approaching near total coverage of U.K. merchants with the addition of Elavon to its roster of supporting payment service providers. WorldPay, Optimal Payments, Realex and SagePay are Zapp's existing payment partners, while HSBC,...

NFC gets boost from Visa, MasterCard support for HCE

Banks around the world have been applauding MasterCard and Visa's support for Host Card Emulation, or HCE. In November 2013, Android started supporting HCE in its KitKat 4.4 operating system. HCE allows NFC applications on Android devices to emulate smart cards and financial institutions to host payment accounts in a virtual cloud.

Weve telco JV joins MasterCard for UK contactless mobile payments

Weve, the joint venture between the U.K.'s three largest mobile network operators, is partnering with MasterCard to create a platform for contactless mobile payments in the U.K. The joint venture shareholders, EE, Telefonica U.K. (O2) and Vodafone U.K., represent more than 80 percent of the U.K.'s mobile customesr, Weve said.

Target puts EMV migration on fast forward

This week, Target Corp. called for all stakeholders to take up the "shared responsibility" of payments security as it announced an accelerated timeline for its own $100 million EMV migration plan.

Retailers call for collaborative approach to fighting fraud

The National Retail Federation today urged Congress to take a comprehensive approach as it contemplates a national response to criminal cyberattacks in which millions of consumers' credit and debit card numbers were stolen. NRF said retailers are willing to do...

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