Seeloz brings Mobile Couponing for Small and Medium Businesses

Seeloz is enabling mobile couponing as a new initiative by launching both retailer and manufacturer side of its platform. The consumer facing side of Seeloz platform is dubbed as Mixawallet which is set to release next month. Seeloz uses customer’s transactional data and loyalty program data to send more relevant offers to customers and businesses.

P2P Lending hot, as Lending Club goes for IPO on NYSE and more

Lending Club, one of the leading peer-to-peer (P2P) lenders in the world, is opting for New York Stock Exchange (NYSE) for its anticipated upcoming IPO according to The Financial Times. This comes as a boost to the fast growing P2P industry which provides online platform for borrowers and lenders to exchange funds. Lending Club’s IPO

Loyalty Programs will be Most Affected with Move to Tokenization

The mobile payments space is witnessing some radical shifts. Some major ones include the advent of tokenization with its specifications being officially announced by EMVco. Another major development is Apple’s foray into the space with Apple Pay. So the question arises: how these developments will affect the current loyalty programs that exist in the market?

Alipay Wallet Reaches 190 Mn Annual Active Users

Alipay Wallet, the mobile payments app, recently announced that it has reached this large user base. The figure of 190 million has been quoted by the company as the number of users who have had at least one payment or money transfer in a year using Alipay Wallet. Moreover, the number of daily transactions has

Onyx Payments has Acquired 2 Companies in less than 2 Months

Onyx Payments is a leading processor of payment disbursement and reconciliation solutions. It is also a leading travel distributor and hotel payments processor. It operates as a global payments network and offers services like commission receipt, foreign currency exchange, invoicing, tracking, etc. The company had acquired Net Trans Services last month and has recently acquired

W3C calls upon Industry Stakeholders for its Web Payments Initiative

The World Wide Web Consortium (W3C) is calling upon industry stakeholders like banks, credit card companies, payment solution providers, technology companies, retailers, etc. to join the new Web Payments Interest Group. W3C is driving a new initiative to integrate payments seamlessly into the Open Web Platform and leverage the unique ability of the Web to

The New Contactless Payment Card with Fingerprint Sensor

MasterCard has partnered with Zwipe to launch the world’s first first biometric contactless payment card. The payment card uses NFC and comes with an integrated fingerprint sensor. The new product is introduced as an answer to the complex challenge of providing a fast, convenient payment solution that does not compromise on security. Interestingly, the new

Shopkeep Comes up with a New Card Reader Integrated with NFC, EMV

Shopkeep recently announced the release of a card reader enabled with NFC for Apple Pay. The new card product comes with EMV as an additional security measure. It will provide merchants and consumers with an added layer of security in the form of two-factor authentication needed for EMV smart card payments & contactless payments. This

4 Big News about Apple Pay from Yesterday’s Event

At an exclusive event yesterday, Apple made a host of announcements about new developments around its devices and software as. There were some major revelations made at the event highlighting Apple’s payments roadmap. Apple Pay to go live on Monday The new payments system can be used actively post Monday. iPhone 6 and iPhone 6

Retailers seek Alternatives to EMV to Avoid Fraud Liability

It’s a well-known fact that the Payment Card Industry (PCI) Security Standards Council has set new rules for merchants and financial institutions. The new rule will be effective October 2015 and implies that the stakeholders who have already adopted EMV will be protected against fraud liability. This new rule requires many other retailers to upgrade