Archive for June, 2011

Late Credit Card Payments Hit Pre-recession Level

Jun 20 2011 Published by under Ecommerce News

As Mercator has commented in a recent research note to members Credit Quality (Almost) A Round Trip, the credit card industry has returned to pre-recession levels as measured by 30 day+ delinquencies.
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Apple va tester le paiement mobile dans ses Apple Store

Jun 17 2011 Published by under Ecommerce News

La firme à la pomme va expérimenter le paiement mobile dans ses magasins en utilisant la technologie d’Ingenico.
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Smartphone owners hop on the phone on weekends for shopping and more

Jun 16 2011 Published by under Ecommerce News

62% turn to the mobile web when they first consider buying, a new study says.
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Hong Kong-based Transact24 to Launch Prepaid Cards in Europe

Jun 16 2011 Published by under Ecommerce News

Hong Kong-based company Transact24 is going to launch three prepaid products in Europe, according to FIS who will provide the processing.
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American Express Launches ‘Fee Free’ Prepaid Card

Jun 15 2011 Published by under Ecommerce News

American Express has announced a reloadable prepaid card with no activation or maintenance fees.
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Credit Agricole Group launches Kwixo payment method

Jun 15 2011 Published by under Ecommerce News

FIA-NET Europe, a subsidiary of the Credit Agricole Group, has rolled out a new payment method, dubbed Kwixo, set to combine money transfers between individuals and payments on e-commerce websites.
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PayPal ready to seek e-commerce gold in Russia

Jun 14 2011 Published by under Ecommerce News

The US online banker PayPal is poised to stake its claim in the virtual Klondike that is Russia’s e-commerce sector. Little wonder, given that online sales rose 40pc in 2010, Sergei Plugotarenko, the director of Russian Association of Electronic Communications (RAEC), told Prime-Tass. Volumes are expected to rise another 17pc this year to 245bn roubles (£5.4bn).
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Visa acquires Fundamo, extends Monitise agreement

Jun 14 2011 Published by under Ecommerce News

Visa has entered an agreement to acquire Fundamo, a platform provider of mobile financial services for mobile network operators (MNOs) and financial institutions in developing economies. Additionally, Visa has also entered a new, long-term commercial agreement with UK-based mobile money services provider Monitise.
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The European Union backs away from requiring online retailers to pay for product returns

Jun 14 2011 Published by under Ecommerce News

But the EU still would give consumers 14 days to change their minds about purchases.
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Le Crédit agricole se pose en rival de PayPal

Jun 14 2011 Published by under Ecommerce News

Avec le lancement de Kwixo la semaine prochaine, la Banque verte est la première à proposer un nouveau service sécurisé de paiement à distance et d’envoi d’argent.
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