Schemes: Visa versus CUP and BC
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...
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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...
Card Schemes Joining ISIS
ISIS venture announces new partnership with the four main US card schemes: Visa, MasterCard, American Express and Discover. Since November 2010, ...
Card Schemes: Bancontact/Mr. Cash SEPA Compliant
Bancontact / Mr. Cash (BC-MC) SEPA migration has been confirmed during an exchange with the Belgian domestic debit card scheme’s operator and pro...
CB Schemes: Decreasing Interchanges
After the very last concessions on the part of Cartes Bancaires, the French Competition Authority has published its decision on the main “CB” int...
Domestic Scheme: First RuPay Card
The Indian domestic scheme RuPay (former IndiaPay) issues its first domestic cards with the National Payments Corporation of India (NCPI).These c...
Card scheme: Visa and MasterCard excluded from Russian domestic network?
The recent Russian “National Payment System” law induced significant lobbying on the part of MasterCard and Visa. According to Wikileaks document...
Card scheme: investments' diversification
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...
One-Click Payment: Card Schemes Joining Forces
FACTS Visa, Mastercard, American Express and Discover Financial Services are teaming up to build a one-click payment option.
Pan-EU card schemes: Monnet project is forsaken
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...
Feedback: When Apple Pay goes beyond historical schemes
The figures were recently released, highlighted by TradingPlatforms. They illustrate a major turnaround in the payments market, with mobile payme...
Spain connects to the European Request to Pay scheme
FACTS A new association has been created around the Request To Pay. The Spanish clearing house Iberpay has just announced that it has worke...
JCB tests MDBC payment at the point of sale
JCB has announced the launch of a pilot project to enable the use of Japan's central bank digital currency at the point of sale. For this, th...
Feedback: successful integration for ING customers at Boursorama Banque
While the special migration scheme for ING France accounts to Boursorama Banque has come to an end, the bank has made a very positive assessment ...
UnionPay Cards Launched in the UK
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...
Bancomat Enters Instant Payment Market with SIA
The Italian card scheme announces an agreement with the European processor SIA on integrating Jiffy, their real-time credit transfer service, for...
Mastercard Lets Customers Pay in Fitting Rooms
The US card scheme keeps considering new scenarios as they try to rethink customers’ purchasing experience in line with ongoing changes in the re...
Mastercard on Addressing Car Fleet Managers’ Needs
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...
Compliance: Discover to Migrate to EMV by 2013
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...
CUP Accepted via WorldPay
The Chinese domestic card scheme China UnionPay has entered an acquisition partnership with UK’s number one PSP WorldPay. This agreement enables ...
