Oberthur Technologies, considered by many in the payment processing industry to be the global leading provider of contactless payment platform and innovative technologies related to Near Field Communication (NFC), has been seeing a huge demand for their contactless stickers from many companies around the world. The hot product from Oberthur Technologies that banks and issuers ...
Today we got news out of Madrid and Miami that MasterCard Worldwide and Telefónica have signed a multi-year agreement targeting Telefónica’s mobile customer-base with MasterCard co-branded credit cards. Movistar (which is a Telefónica brand of credit card) and MasterCard will co-brand new credit card offers in 11 Latin American countries such as Colombia, El Salvador, ...
MasterCard reported today that its second quarter profit is up 31 percent due to strong international payment transaction growth, company cost cutting initiatives, and price increases. The report topped what many on Wall Street were predicting. Despite the good news, MasterCard share fell during early morning trading. A closer look at the report by MasterCard ...
Bank Freedom, based out of Newport Beach, California and owned by Prepaid Card holdings, Inc, announced today that it has inked a Prepaid Card Program agreement with MoneyGram International. MoneyGram is considered a worldwide leader when it comes to money transfer services in the payment industry. This new agreement allows for Bank Freedom to manage ...
A new mobile payment service by ATX Innovation, Inc., TabbedOut, allows for people to use their mobile phone to pay for tabs at bars and restaurants. In order for the service to work, bars and restaurants have to participate. Currently, TabbedOut is only available in several Dallas/Austin area restaurants and Chico, California. The service works ...
Speedway SuperAmerica, based out of Enon, Ohio and considered one of the biggest convenience chain store operations in the United States, announced today that they have established a new partnership with National Payment Card Association (NPCA), the leading provider of branded PIN-base debit check cards in the U.S. In an effort to take their customer ...
Paymetric, Inc, a company that provides enterprise level payment solutions to companies enabling them to streamline their process, announced today that it has established a partnership with United Tranz*Actions. The deal would allow for United Tranz*Actions to offer their customers Paymetric payment platform to offer better electronic check processing and ACH transaction process which will ...
Visa Inc., announced today that it has launched an online shopping tool called Rightcliq™ by Visa which is supposed to help consumers better compare products by browsing and comparing them online, improve consumer shopping experience at checkout on e-commerce websites, and improve the way packages are tracked from the time it is shipped to the ...
It is official news that Verizon and AT&T are currently searching for a Chief Execute Officer for a joint venture in near field communication (NFC) contactless mobile payments. The joint venture aims to compete or replace credit cards as a form of payment and have people using their mobile phone for purchases at the retail ...
According to NFC Times, NatWest Bank and mobile phone operator Telefónica O2 will be ending the partnership between the two parties involving previous partnership deals for Near Field Communication (NFC) mobile payments (O2 Money) and prepaid payment cards. Right now, Telefónica O2, a wireless carrier in the United Kingdom, is looking for new partnership to ...