25 results
- 5 Jan 2020
UnionPay says 4M Merchants Support Mobile Service Outside of China
UnionPay International, the third leading mobile wallet service in China, said that 28.5 million merchants accept Union Pay outside of the country, with 4 million of them supporting the UnionPay…
- 16 Jul 2024
ChamsSwitch Partners Wema Bank, launches UnionPay Cards in Nigeria
ChamsSwitch, a leading financial technology company, is thrilled to announce its strategic partnership with Wema Bank to launch the UnionPay card in Nigeria. This collaboration is set to…
- 23 Mar 2018
UnionPay International Pursues Global Growth with ACI
ACI Worldwide, a provider of real-time electronic payment and banking solutions, has formed a key strategic partnership with Shanghai-based bankcard company UnionPay International, a wholly owned…
- 29 Feb 2016
UnionPay, Visa to Collaborate on Payments Products
UnionPay and Visa have signed a Memorandum of Understanding in Shanghai with both parties agreeing to collaborate on payments security, innovation and financial inclusion, according to a press…
- 1 Aug 2016
Union Pay Bumps Visa to No. 2 Spot in Global Payments Value
According to a new report from RBR, "Global Payment Cards Data and Forecasts to 2021," China's UnionPay is now the largest scheme in terms of value of card payments. Market share for the…
- 15 Jan 2024
ChamsSwitch Receives License for Union Pay International Payment
ChamsSwitch, a Fintech subsidiary of Chams Holdco Plc, has been licensed by Union Pay International, the world’s largest card network, to spearhead international payments for UnionPay cards issued by…
- 20 May 2017
Payment Card Use Sees Double-digit Global Growth in 2016
Global card purchase volume for goods and services (excluding cash advances on credit cards and cash withdrawals on debit cards), grew 5.8 percent to $20.606 trillion in 2016, according to The Nilson…
- 21 Jul 2017
Global Payment Cards Top 14Bn, Target 17Bnn in 2022
The number of payment cards worldwide increased 8 percent in 2016 to a total of 14 billion — 1 billion of which were issued in the space of one year. By 2022, the total count could exceed 17 billion,…
- 8 Apr 2014
Unified Payments Launches Payarena
Unified Payment Services Limited, leading Payments Industry Service Provider has introduced a new service platform, Payarena®. Payarena offers customers access to Value Added Services which include…
- 16 Oct 2017
Holla Taxi Allows Payment with USSD Code, Other Exciting Offers
By peter oluka Ease of payment is one of the reasons some Nigerians shun e-payment related platforms. Now, with the rise of Unstructured Supplementary Service Data (USSD), payment has become even…
- 2 Nov 2015
Card-Accepting Merchant Outlets to Double by 2020 - Report
The number of stores worldwide accepting card payments is set to double from 46.6 million at the end of 2014 to 90.3 million by 2020, according to "Global Payment Cards Data and Forecasts to 2020," a…
- 15 Oct 2014
Global Card Payment Volume Tops 200Bn
A total of 205 billion card payments were made worldwide in 2013, an increase of 13 percent compared with 2012, according to “Global Payment Cards Data and Forecasts 2013–2019,” a new report from…
- 18 Sept 2013
Interswitch Completes 3-Party Processing Integration with Visa
Interswitch Transnational, a leading pan-African integrated payments company with operations in Nigeria and a growing presence in West and East Africa, said that its Switching and Processing…
- 1 Jul 2017
Global Digital Payments to Reach $3.6tn in 2017
Global digital payments will reach $3.6 trillion this year, according to a Juniper Research report titled "Strategies for Payment Providers: Opportunities, Risks & Competition 2017-2021". It…
- 25 May 2016
Innovectives, MasterCard, UBA Boost Konga e-Commerce with Kesh mPOS Solution
Innovectives, NIBSS’s certified mobile point of sale service provider, in conjunction with MasterCard and United Bank for Africa (UBA) have collaborated with Konga, Nigeria’s leading e-commerce…
- 25 Feb 2016
Samsung Pay Processes Half a Billion Dollars of Transactions
Samsung says that its mobile payments service, Samsung Pay has reached a global milestone about five million registered users processed over 500 million dollars in the first six months, showing a…
- 27 Apr 2024
CBN Licenses Unified Payments as Second Provider for PTSA Services for Nigeria
Central Bank of Nigeria (CBN) has awarded the country’s second Payment Terminal Service Aggregator (PTSA) license to Unified Payments, Nigeria’s premier financial technology company, following a…
- 8 Jul 2018
Mint Expands Payroll Card, Proprietary ATM Services with African Agreement
Mint Gateway for Electronic Payment Services LLC, part of The Mint Corp., has entered into a three-year payment processing services agreement with an African payroll program. The program has a…
- 6 Aug 2018
NSE Launches X-Pay to Promote Cashless Economy
The Nigerian Stock Exchange (NSE or The Exchange) has launched X-Pay, the e-payment platform for the Exchange, which will enable users to conveniently make payments for products, services, events and…
- 16 Dec 2019
Agha and Innovectives Bag Financial Inclusion Leadership and Fastest Growing Agency Service Awards
Innovectives a leading integrated Fintech company has bagged two major awards at the Inclusive Financial Nigeria Conference and Awards (IFINCA) 2019, even as the company was recognised for its…
- 5 Nov 2014
EMV Cards Account for 30% of Transactions Worldwide - Report
Nearly 30 percent of all card-present transactions conducted globally between July 2013 and June 2014 used EMV chip technology, according to figures released by EMVCo. The data represents all EMV…
- 14 Mar 2023
Upperlink becomes Payment Facilitator, Sets to Launch Upperlink Paygate Collection Platform
Upperlink, an indigenous software development company, licensed by the Central Bank of Nigeria (CBN) as a Payment Solution Service Provider (PSSP) announced it has signed a partnership agreement with…
- 2 Feb 2016
Remittance & Mobilemoney Expo begins Today
The sixth remittance and mobilemoney expo begins today in Lagos, Nigeria. The forum is expected to discuss issues around lowering remittance transaction cost. According to Emmanuel Okoegwale, event…
- 6 Oct 2016
Redcloud Technologies, Innovectives Join Hands on Agency Banking in Nigeria
RedCloud Technologies, an enterprise software provider of leading mobile financial services technology has signed an agreement with Innovectives LLC to deploy its Cloud Based solution for Agency…
- 28 Oct 2016
Card Fraud Losses see Stunning Spike in 2015 - Report
Banks and merchants worldwide shouldered total fraud losses of $21.84 billion in 2015 on payment card purchases totaling $31.31 trillion, reveals new research from The Nilson Report. This means that…