WorldPay delivers low cost cross-border bank transfer service
Tue, May 28, 2013: The global payment processing company WorldPay has launched its cross-border transfer service namely Bankout, which can help merchants to save 85 per cent on the cost of cross-border bank transfer to more than 50 countries worldwide. By providing a file by batch or by API with the details of the payment recipients, Bankout can help merchants to manage the transfer of funds. The system will provide merchant a single...
Samsung unveils mobile wallet to compete with Passbook and Google Wallet
Tue, May 28, 2013: The global mobile company Samsung has launched its mobile wallet on its Galaxy mobile devices in Korea, the Banking and Payment Asia reported. The mobile wallet app allows consumers to store their credit card details on the device for purchases and also able to notify consumers when they are near a store or location that can accepts a mobile wallet. Samsung said that about 30,000 retailers already support its wallet...
Can sharing drive sales?
Tue, May 28, 2013: Do you think social sharing able to drive sales to your online store? AddShoppers, a social commerce platform for retailers has uncovered the insights of social commerce as follow, from thousands of its merchants who transacted over US$5 million e-commerce transactions....
Mobile payment Square expands its footprint in Japan
Tue, May 28, 2013: US-based mobile payment company Square has announced its services including Square Reader and Square Register now are available in Japan with the support and partnership of Sumitomo Mitsui Card Corporation (SMCC). With low transaction rate of 3.25%, businesses in Japan now can accept credit card payments from their mobile device and receive the funds on the next business day for participating banks in the...
Payvision bags the Judges Choice Award in Card Not Present Expo 2013
Tue, May 28, 2013: The global payment processing company for e-commerce market Payvision has received the Judges Choice Award for “Best CNP Program outside the US” at the International Card Not Present (CNP) Expo 2013. The award has recognized Payvision’s efforts and acknowledges in global CNP processing. The CNP Expo is an annual gathering of the leading companies in the card-not-present space, from the smallest e-commerce websites...
Visa and MasterCard launch counter-attack to merchants that rejected their settlement fees
Tue, May 28, 2013: Visa and MasterCard have sued the retailers that rejected US$6 billion (RM18.11 billion) settlement over “swipe” fee or transaction fees last year and were asking the court to rule the fee practices weren’t illegal, the Business Times reported.
Maaii selects MOLPoints as its online payment systems for Malaysia market
Tue, May 28, 2013: Maaii, a free mobile communications app for iOS and Android devices that combines voice calls, chat functions & social network integration has partnered with MOL AccessPortal Sdn Bhd (MOL), enabling Maaii users in Malaysia can now buy Maaii credits using MOLPoints which can be obtained from MOL supported outlet including 7-Eleven convenience stores. Maaii users can use Maaii credits to purchase MaaiiOut which...
webShaper unveils its mobile store for merchants
Tue, May 28, 2013: webShaper, one of the leading Malaysia-based shopping cart systems for e-commerce has introduced its beta version of mobile storefront which only available for its bizstore clients and supports only for PayPal payment option. The webShaper bizstore is charging at RM2,388 a year and just visit www.webshaper.com.my for more...
Twitter introduces two-factor authentication to protect its users account
Mon, May 27, 2013: Twitter introduced two-factor authentication last week, a new security feature to better protect its users account by login verification using temporarily six-digit code which will be sent to the users’ phone registered with Twitter via SMS. To know how to enrol this additional security feature on your Twitter account, please visit...
Vietnam’s E-commerce will reach US$1.3 billion by 2015
Mon, May 27, 2013: A recent survey conducted by Vietnam E-Commerce and Information Technology Agency (VECITA) on 47 e-commerce exchange centers that registered with them, found that the total revenues of local e-commerce deals last year was VND7 trillion (RM1.02 billion), the Tuoitrenews reported. The survey also revealed that the number of non-cash payment was reduced 11.8 per cent in 2012. VECITA expects that the total value of...
