Fed issues final debit-interchange ruling
Thu, Jun, 30 2011
US debit interchange fees have been capped at 21 cents – almost double the amount first proposed by the Federal Reserve Board.Free
Erste Bank and Visa launch CEE first
Thu, Jun, 30 2011
Austria’s Erste Bank has joined forces with Visa to roll out the first contactless payment card with a transport application and loyalty rewards in Central and Eastern Europe (CEE).Free
OFT spells the end of debit surcharging
Wed, Jun, 29 2011
Travel companies have been ordered to end the use of hidden debit card surcharges by the Office of Fair Trading (OFT), following a super complaint by consumer watchdog Which?Free
Contactless trial 'failed to deliver' - ANZ
Wed, Jun, 29 2011
ANZ Bank has chosen not to proceed with contactless in its current form following a trial with Visa, claiming the technology did not measure up to the bank’s needs.Free
Serverside files patent lawsuit
Wed, Jun, 29 2011
Digital card design technology provider Serverside Group has issued a patent infringement lawsuit accusing its competitors of offering “copy-cat services”.Free
PayPal ups m-payment projection
Tue, Jun, 28 2011
PayPal is expecting to process $3bn in m-payments by the end of 2011, a sharp rise of $1bn from previous estimates.Free
v2 of Digital Receipts standard announced by ARTS
Tue, Jun, 28 2011
The release of Version 2 of the Digital Receipts standard has been announced by the National Retail Federation’s Association for Retail Technology Standards (ARTS).Free
Amex and foursquare commence national roll-out
Tue, Jun, 28 2011
American Express and location-based social networking website foursquare have begun the national roll-out of their collaborative efforts in enabling consumers to link social profiles to payment cards.Free
Cash still King - BRC
Mon, Jun, 27 2011
Customers are increasingly turning from credit cards to cash and debit cards in a bid to better manage their finances and curtail spending money, says new figures from the British Retail Consortium (BRC).Free
Voice Commerce launches iPhone POS
Mon, Jun, 27 2011
Financial services group Voice Commerce has announced the launch of UK’s first fully functional iPhone terminal ‘CashFlows Portable’.Free
