Billeo's Active eWallet API gives card issuers a direct connection
Billeo, Inc., the creator of apps that help consumers save time and money while shopping or paying bills online, announced its Active eWallet API™, a tool that allows card issuers to add their cards as a payment option in Billeo's Active Context™ platform. By adding a credit, debit, prepaid or gift card to Billeo's platform, the issuer is instantly connected to the more than 1.5 million consumers who use Billeo's free iPad and browser apps to shop or pay bills online.
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Google checks out of Checkout
Google is scrapping its e-payments Checkout system and merging it with Google Wallet to create a single online and offline payment experience for consumers.
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Intel and MasterCard join forces to enhance online shopping
Intel and MasterCard announced today a multi-year strategic collaboration to further enhance the security and consumer payment experience for online shopping.
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Ogone Payment Services acquires Indian online payment leaders EBS
Ogone Payment Services, one of Europe’s leading payment platforms, has entered the rapidly expanding Indian payments market with the full acquisition of EBS (E-Billing Solutions), the second largest online payment provider in India. Financial terms of the agreement were not disclosed. This represents Ogone’s first acquisition and its first move outside the European market.
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WorldPay offers customers American Express as an option for online payments
WorldPay, the UK and Europe’s largest provider of payment processing services, now offers American Express as an integrated payment method for its Business Gateway customers.
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Facebook creates payments unit
Social networking giant Facebook has set up a payments subsidiary, registering it in various US states.
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Consumers demand innovation
Cable&Wireless Worldwide, the communications provider, today releases a consumer study that finds banks are not taking full advantage of their online banking platforms, despite increasing customer engagement in the channel. 60% of consumers say that online banking has become the most valuable factor to engagement over the past two years, ranking it higher in value than banks’ trustworthiness and even their return on their money in the bank.
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Online banking problems mount for Oz banks as CBA's NetBank breaks down
The rash of online banking failures in Australia continues, as Commonwealth Bank of Australia struggles to remedy a technical error that has locked customers out of its NetBank site.
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French telcos form e-payment JV
French telcos Bouygues Telecom, Orange and SFR have teamed with vendor Atos Origin to form a joint venture company which uses mobile phone numbers in place of plastic card details for online shopping.
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Airtel partners Standard Chartered and MasterCard
Pan-African wireless operator airtel is working with Standard Chartered and MasterCard to offer a mobile wallet service featuring a virtual card that is activated by one-time SMS passcodes.
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PayPal to bring payments to the TV remote
PayPal is working with a US cable TV consortium to develop a new 'T-commerce' initiative in which consumers pay for goods and services using their television remote control.
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PayPal powers IDA’s m-commerce platform in Singapore
PayPal has been chosen as the mobile remote payment platform provider for the Singapore government’s Digital Concierge Programme. This is one of the key initiatives by the Infocomm Development Authority of Singapore (IDA) that aims to foster growth of the mobile services ecosystem and encourage the development of transactional mobile services in Singapore.
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Quadruple volume by 2014, still only 5% retail e-commerce
A study from Juniper Research found that the value of m-payments for digital and physical goods, money transfers and NFC transactions will reach almost $630bn by 2014, up from $170bn this year. This represents the gross value of all purchases or the value of money being transferred. According to Juniper, this will still only equate to 5% of all retail e-commerce purchases.
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Survey finds growing demand for P2P payments
FIS has announced results of research by eCom Advisors that it commissioned along with NACHA and PayPal. It found that "demand for electronic P2P payments and transfers is growing rapidly and the interest of making these and other payment transactions through an e-payment portal is strong as well. In fact, the study found that of those who were interested in the portal concept, 70% would be likely to use P2P payment services within that portal."
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PayPal forced to stop Japanese personal payments
After falling foul of regulators in India earlier this year, PayPal has been forced to suspend personal payments in Japan ahead of new rules set to come into play on 1 April.
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Deutsche Telekom buys ClickandBuy
Deutsche Telekom has agreed a deal to buy Internet payment service provider ClickandBuy. Financial terms were not disclosed.
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Kwedit: Buy now, pay later
Kwedit, a service that lets people without credit or debit cards acquire digital content and virtual goods by making a 'promise' - that can not be enforced - to pay later, has launched in the US.
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Banca Intesa selects Gemalto to secure e-commerce in Serbia
Banca Intesa in Serbia has selected Gemalto and its Ezio Classic reader to secure e-commerce services. Banca Intesa is the leading financial institution in Serbia and is part of Intesa Sanpaolo, Italy's strongest banking group, the fifth largest bank in Euro zone in terms of market capitalization and one of the top 15 banks in the world.
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Mobile phones hold the key to internet security
Microsoft partner Alpha Meridian has launched ‘fonelock’ web service to tackle online fraud and identity theft. Freely available to any web site, fonelock uses SMS to provide a secure alternative to usernames and passwords, and credit card ownership verification.
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BT to launch mobile money service for e-commerce
International payment provider paysafecard has teamed up with BT, to give 70 million mobile users the chance to buy online by charging the purchase to their mobile phone.
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