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The death of a merchant acquirer?

The death of a merchant acquirer?

No European economy is riding high at the moment, but Italy in particular has been attracting a number of negative news stories recently. These range from the tragic sinking of the Costa Concordia to the hilarious (unless you’re Italian) exploits of Silvio Berlusconi. But it is the new government’s approach to merchant acquiring that has caught the attention of Duygu Tavan

 

 


 

Cards and Payments News

Payment Data Systems introduces debit only payment system

Payment Data Systems (PDS) has introduced a debit only card payment method.

US: MasterCard, Green Dot Corporation, AARP Foundation offer prepaid card for over 50s

MasterCard has partnered with Green Dot and AARP Foundation, an organisation that assists American over 50s to market a prepaid card for the over 50s in the US.

FIS to launch m-wallet

FIS has confirmed it plans to launch a cloud-based mobile payments solution.

 

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Analysis and Comment

Profile: M-Pesa

Profile: M-Pesa

It is fair to say that Kenyan mobile payments service M-Pesa has rocked the industry. The country’s banking industry has looked on helplessly as it has developed services for the unbanked, and grown impressively in scope in the little time since its launch. Sammy Olumola looks at the service’s impact

US Merchant Acquiring: Gearing up for Change

US Merchant Acquiring: Gearing up for Change

The complex and competitive US merchant acquiring sector is looking ahead to a disruptive year as the retail sector begins to embrace alternative payments technologies, and major regulatory changes force issuers to reassess their own business models. Charles Davis reports

Card acquiring in Latin America: Competition starts to bite in Brazil

Card acquiring in Latin America: Competition starts to bite in Brazil

In the year and a half since Brazil’s card acquiring market was liberalised, the prospect of competition has led the two incumbent acquirers to cut prices. However, competition still has room to grow. Robin Arnfield reports

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