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Facebook gets busy in payments

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Social network giant Facebook is testing a “buy” button which would enable users to purchase products featured on advertisements or page posts on the social network. Users can pay with a card that Facebook has already on file or enter new details and save them for future use. No payment details are shared with advertisers. Initially, the feature is only… Continue reading >>

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Visa confirms eight new markets for digital wallet V.me

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Visa Europe confirmed that its digital wallet service, V.me by Visa, will expand to Germany, Ireland, Norway, Sweden and Italy by the end of the year. Pilots will also launch in Greece, the Czech Republic and Slovakia in 2015, taking the total number of markets offering the service to 12. Visa Europe is also announcing a further €200m investment to… Continue reading >>

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Mt. Gox CEO sells bitcoins.com domain

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Mt. Gox CEO Mark Karpeles is putting the domain name bitcoins.com up for sale and states that the proceeds will be used to reimburse users of the bankrupt currency exchange. The bidding for the domain name will begin at $185,000 and is expected to reach more than $750,000. “We are hoping, with the sale of Bitcoins.com, to provide some relief… Continue reading >>

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Ingenico Payment Services opens up Belgium web shops to mobile payment

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Ingenico Payment Services, previously Ogone, has signed an agreement with Seamless regarding the mobile wallet SEQR. Its mobile payment services can now be offered to the thousands of Belgian web shops using the Ogone platform for online and mobile payments. “Following the roll out of SEQR at McDonald’s in Belgium, we are very excited to also collaborate with Ingenico Payment… Continue reading >>

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ZipZap expands global cash transaction network to 20,000 UK retail locations through Payzone

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ZipZap has announced its expansion to the UK through a partnership with Payzone one of UK’s leading consumer payments and cash distribution networks. With this partnership, ZipZap now offers an easy way for UK residents to buy digital currencies at more than 20,000 retail payment centre locations; UK users can also buy digital currencies like bitcoin, Lite coin and Dogecoin… Continue reading >>

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Amazon expands role in online payment push

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Amazon.com Inc will start managing online payment subscriptions for start-ups and other companies – the latest in a series of quiet moves the e-commerce giant has made into PayPal’s turf over the past year. The service, which launches on Monday, allows the company’s more than 240 million active users to use credit card details stored on Amazon.com to pay for services such as a monthly phone… Continue reading >>

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Apple’s iOS8 adopts credit card scanning

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Tech giant Apple has incorporated a new feature into its iOS8 operating system and browser Safari, allowing credit card scanning for users with their iOS device cameras at merchant sites. The new feature automatically detects when a credit card number is required and gives the user the option to scan their credit card. The scan feature aims to eliminate the need… Continue reading >>

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UK card spend tops £0.5 trillion for first time

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Annual domestic card spending by UK consumers passed £0.5 trillion for the first ever time in 2013 as shoppers increasingly choose cards over cash, according to a report published by The UK Cards Association. Around 74.5% of all retail spending is now made using debit and credit cards, up from less than half (46.5%) in 2003, highlighting a clear shift… Continue reading >>

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Apple unlocks mobile payment potential with new TouchID API

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Apple has unveiled a new TouchID API which will enable app developers to use fingerprint authentication for mobile payments and other applications. The forthcoming release of iOS 8 will include TouchID APIs allowing developers to securely authenticate users within apps, protect log-ins and user data and unlock keychain items. Previously limited to unlocking an iPhone 5s and making purchases through… Continue reading >>

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Apple rumoured to be making mobile payment play

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With speculation over its NFC intentions reaching fever pitch, tech giant Apple is alleged to be planning to launch its own mobile payment service, with senior Apple executives reportedly in talks with retail chains over integrating the service into their stores. The rumoured service would enable iPhone and other iOS users to make purchases at the retail outlets with their… Continue reading >>

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