Reuters - Wednesday, 27 August 2014
MasterCard Inc, the world's second-largest debit and credit card company, expects net revenue to double in Latin America over the next four to five years on strong consumer spending and a shift to electronic payment from cash, a leading executive told Reuters.
Tech Crunch - Wednesday, 27 August 2014
Square has a new update out for its Cash app that lets users send cash by text, greatly improving the versatility of the mobile payment app. The update also improves the user interface for sending, reducing steps and increasing speed, and offers a host of new features like putting notes on payments and a new reward system that provides $1 each time someone you invite via text message signs up.
Tech Crunch - Thursday, 21 August 2014
Mobile commerce today is still challenging with complicated checkout flows that see users bouncing between screens, and having to tap out their personal information on tiny screens and keyboards. PayPal today is hoping to change that with the release of a new product called One Touch for merchants and app developers.
CNN Money Fortune - Thursday, 21 August 2014
How did you pay for your coffee this morning? If you're in San Francisco, perhaps you waved your smartphone over a payment terminal; if in London, maybe you momentarily tapped your funky-looking wristband on it; if in Nairobi, you probably just sent a text message. And if you're in Lund in Sweden, maybe you simply swiped your palm.
CCTV.com - Wednesday, 20 August 2014
Russian banks are worried about an end to the availability of Visa and Mastercard credit cards for payments in Russia and they’re reportedly looking at China’s Union Pay as a replacement system. That’s after credit-card sanctions were imposed on Russia because of the crisis in Ukraine.