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Maria Korolov » Entries tagged with "PaymentsSource"

Russian Payment Kiosk Firm To Target U.S., Brazil

Japanese conglomerate Mitsui & Co. Ltd. has acquired 14.9% stake in Qiwi Ltd., a Russian company registered in Cyprus that specializes in instant-payment kiosks, the two companies announced Jan. 18. Read full article at PaymentsSource (paid subscription required). … Read more »

Russian Holiday Spending To Grow 10% Compared With Last Year, Citi Says

Russian credit cardholders will spend 10% more this month on their holiday spending compared with what they spent last December, ZAO Citibank predicts in a Dec. 13 report. Read full article at PaymentsSource (paid subscription required). … Read more »

Indian Credit Card Market Predicted To Reach 28 Million Cards By 2014

Financial institutions in India by 2014 will issue a combined 28 million credit cards, which would represent a 13% increase from the 24.7 million cards they issued as of March 30 this year, according to a new research report released Dec. 13. Read full article at PaymentsSource (paid subscription required). … Read more »

Russian McDonald’s Restaurants Complete Card-Terminal Deployments

The 258 McDonald’s restaurants in Russia now accept bankcards, the fast-food provider’s acquirer Russian Standard Bank announced Dec. 13. Read full article at PaymentsSource (paid subscription required). … Read more »

MasterCard, Russian Standard Bank Strike MoneySend Deal

Russian Standard Bank has become the first European bank to offer person-to-person funds transfers through MasterCard Worldwide’s MoneySend platform, the companies announced Dec. 6. Read full article at PaymentsSource (paid subscription required). … Read more »