Heartland lawsuit accuses Mercury of deceptive trade practices (updated)

Jan. 31: This story has been updated to include a statement from Mercury Payment Systems. The payments processing giant Heartland Payment Systems Inc.

T-Mobile's prepaid Visa card driven by Blackhawk Network

T-Mobile's new Mobile Money account and its associated reloadable prepaid Visa card, which were announced last week, are powered by technology and service provided by Blackhawk Network California. Based in Pleasanton, Calif., Blackhawk Network California is an affiliate of Blackhawk...

Spanish department store chain opts for contactless payments

El Corte Inglés, Europe's largest department store chain, has installed more than 5,200 contactless POS terminals in its Spanish stores, representing 25 percent of its total POS terminal base. Madrid-based El Corte Inglés said customers will be able to pay...

UnionPay, Rêv Worldwide partner for prepaid cards

UnionPay International is to expand prepaid card issuance worldwide through a partnership with Rêv Worldwide. As part of the agreement, Rêv has become a registered non-bank third party service provider for UnionPay-branded prepaid products.

New Media Insight announces mCards loyalty program, branded gift cards

Mobile payments company New Media Insight Group announced today its mCard loyalty rewards and branded gift card programs in several states. According to the company, businesses can use mCards to effortlessly and securely create their own loyalty programs and branded...

Virtual MasterCard prepaid provider mCard set for Seattle, Chicago expansion

The mobile payments provider New Media Insight Group is expanding its mCard virtual card technology to Seattle and Chicago, following initial rollout in Arizona in November. The Phoenix -based company said it might add three more cities by the end...

Visa Europe sees fourfold growth in U.K. contactless payments

Visa Europe said 30.3 million Visa contactless cards are now in circulation in the U.K. and that 293,600 contactless terminals have been installed in the country. The card scheme said Visa contactless card transactions increased fourfold year-on-year in the U.K.

Could Target security breach help VeriFone?

There's no shortage of media analysis about who might benefit from the data breach at Target Corp., which exposed credit card information from millions of shoppers. Investors and analysts are circling companies that could benefit from a major upgrade in...

T-Mobile offers low cost banking with prepaid Visa card

T-Mobile U.S. is offering a raft of cheap banking services with its new reloadable T-Mobile Visa prepaid card, issued by The Bancorp Bank. The T-Mobile prepaid card comes with the Mobile Money by T-Mobile smartphone app, and has no charges for card activation, monthly maintenance, in-network ATM withdrawals or for replacing lost or stolen cards.

GlobalPlatform publishes contactless payments framework

GlobalPlatform has published a framework for end-to-end secure mobile services, focusing initially on contactless payments. GlobalPlatform is a cross-industry, not-for-profit association that develops and publishes specifications for secure chip technology. Members include card schemes as well as telecoms and technology...

Swedish banks set for 2014 MasterPass wallet launch

Three Nordic banks — Nordea, SEB and Swedbank — have announced plans to issue MasterCard MasterPass digital wallets in Sweden in 2014. They will offer bank-branded MasterPass wallets to their customers for use on connected devices such as smartphones, PCs...

MBNA launches card services app

MBNA has launched a smartphone card services app to help customers manage their credit card accounts while on the move. "The new app will help customers stay up-to-date and in control of their credit card account wherever they are and...

MasterCard in mobile remittance joint venture

MasterCard has expanded its role in mobile money remittances with the creation of HomeSend, a joint venture in which it has a controlling stake. MasterCard's partners in HomeSend are eServGlobal, a Paris-based provider of mobile money technology for telcos, and...

Visa launches V.me wallet in Australia

V.me, Visa's digital wallet, has gone live in Australia with a range of major online retailers. The digital wallet can be used for online purchases from these merchants via PCs, laptops or mobile devices. The V.me launch follows MasterCard's launch of its MasterPass digital wallet in Australia.

MasterPass set for 2014 Italian launch

MasterCard is to launch its MasterPass digital payment platform in Italy by the end of the first quarter of 2014. MasterPass secures and speeds up m-commerce and online shopping by saving customer shipping and payment information in a digital wallet....

Londoners on board with contactless bus payments

Transport for London is celebrating the successful implementation of contactless card payments on all of London's 8,500 buses. Since the service was launched in December 2012, more than 6.5 million London bus journeys have been paid for using contactless American...

With mobile payments growing, European Parliament debates interchange

The European Parliament is likely heading for a spirited debate this week as it considers the latest proposed updates to its Payment Services Directive, according to Euractiv.com. The rule changes are designed to introduce more competition and update the credit...

Judge approves MasterCard, Visa swipe fee settlement

A federal judge today approved a settlement in the class action suit between merchants and card networks Visa and MasterCard over alleged fixing of merchant interchange fees. Retailers and industry associations immediately filed notice of an appeal, a Wall Street Journal report said.

Westpac plans New Year NFC launch in Australia

Westpac, one of Australia's largest banks, will launch a service enabling its customers to make NFC purchases with mobile devices in the New Year. Westpac said it will work with Visa on the rollout of the NFC point-of-sale payment service....

MasterCard in global NFC alliance with Samsung

MasterCard has announced a global strategic partnership with Samsung that will enable MasterCard cardholders to load and store their card credentials on NFC-enabled Samsung mobile devices. Commonwealth Bank of Australia is the first bank to collaborate with MasterCard and Samsung...

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