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Opinion
Mid-Sized Companies Face Unique Payment Challenges in Europe
For middle market corporates in North America, expanding overseas is becoming increasingly commonplace in today’s globalized world, with Europe being the first port of call for many.
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Visa Inc., the world's biggest payments network, said it may have to pay more than $10 billion to buy Visa Europe Ltd. if the banks that own it decide to exercise their option to sell. more »
Image: Bloomberg News
Alibaba's cooperation with Apple may start with offering Apple Pay in the Chinese market through an intermediary to skirt regulatory hurdles, Alibaba Vice Chairman Joseph Tsai told a Chinese-language news wire. more »
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Uber, the ubiquitous black-car company that popularized the use of mobile apps to book rides, will switch to a two-tiered payment system to continue operations in India. more »
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The card networks are under pressure in a number of countries, providing ammunition for retailers wanting similar cost adjustments in the U.S. more »
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Online remittance provider WorldRemit is now offering its service in 15 Latin American markets, saying it is the company's largest expansion to date. more »
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Business payments often lag consumer transactions in adopting automation, and software provider Kofax and Visa are teaming in attempt to shed manual corporate cash flow processes in the Asia Pacific region. more »
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Remittance provider TelUPay is relying a local ATM network to reach the substantial remittance payments market in Indonesia. more »
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Visa Inc. and MasterCard Inc., facing pressure from Canada’s federal government, agreed to lower credit-card transaction fees for the nation’s merchants by about 10 percent. more »
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Alibaba founder Jack Ma (left) and Apple CEO Tim Cook
The "marriage" that Apple's CEO and Alibaba's founder are hinting at could create a mobile wallet with a global reach that well exceeds that of most banks, telcos and other mobile-wallet developers active in either company's home market. more »
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Email payments company Klarna has enabled access to Compass Plus' open development platform in an effort to add speedy technology deployment to fuel an international expansion. more »
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Opinion
The perception that Africa is behind the times when it comes to the payments industry is an interesting one. It is easy to assume that the continent as a whole is still cash-based with large rural unbanked areas widespread across the region. more »
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Vogogo Inc. customers will soon have access to Interac's Online's payment network, a partnership designed to enhance Vogogo's processing capabilities as it plots an expansion into Europe. more »

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