Card Scheme: RuPay versus the International Networks
The National Payments Corporation of India (NPCI) carries on developing RuPay, the Indian “Not for profit” payment system designed to rival large...
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The National Payments Corporation of India (NPCI) carries on developing RuPay, the Indian “Not for profit” payment system designed to rival large...
ISIS venture announces new partnership with the four main US card schemes: Visa, MasterCard, American Express and Discover. Since November 2010, ...
Bancontact / Mr. Cash (BC-MC) SEPA migration has been confirmed during an exchange with the Belgian domestic debit card scheme’s operator and pro...
The recent Russian “National Payment System” law induced significant lobbying on the part of MasterCard and Visa. According to Wikileaks document...
The international card schemes Visa and MasterCard noted a strong increase in the field of the e-commerce in 2010. They now begin to directly add...
FACTS Visa, Mastercard, American Express and Discover Financial Services are teaming up to build a one-click payment option.
After over four years of co-operation, the Monnet project for a pan European card scheme has been officially dropped. In their press release, the...
After having had troubles with the Chinese domestic card scheme CUP Visa now faces its South Korean counterpart, BC Card.In Korea, the later file...
Technological advancements have led biometric payment to become a reality. In line with their new roadmap for helping banks, retailers and partne...
In compliance with the Durbin amendment in the Dodd-Franck Act, the US Federal Reserve Bank submitted its project on card interchange to consulta...
The EPC published the fifth version of the SEPA Cards Framework standardisation Volume's “Book of Requirements”. Validated by the EPC Card Standa...
The e-payment specialist Stripe expands their set of services with a new platform for issuing cards. This Californian Unicorn aims for businesses...
PayLife (former Europay Austria) has completed the migration of its issuing (for debit cards) and all acquiring processing to processor SIX Card ...
In the beginning of 2011, the Belgian federation of the financial sector, Febelfin, announced that 23 Belgian banks decided to lock Maestro debit...
The European Commission DG COMP formally adopted the compromise announced in spring 2010 with Visa Europe, which accepted to cap its default inte...
The card scheme China UnionPay issues roughly 7 billion cards in 48 countries, and is making further progress in Europe. They will soon be landin...
The Italian card scheme announces an agreement with the European processor SIA on integrating Jiffy, their real-time credit transfer service, for...
The US card scheme keeps considering new scenarios as they try to rethink customers’ purchasing experience in line with ongoing changes in the re...
The US card scheme announced they will be proposing a fuel card for companies’ vehicle fleets. The idea is to make fuel refill transactions and m...
The American card scheme Discover has now imposed to its acquirers to be able to process the EMV chip by 2013. Merchants directly connecting to t...