Russia’s Alfa-Bank And Rosbank Sign Surcharge-Free ATM-Sharing Deal
Alfa-Bank and Rosbank earlier this month merged their ATM networks as the Russian financial institutions looked to compete with Sberbank, […]
Category: PaymentsSource
Russia’s Q1 Credit Card Receivables Rise
The Russian credit card market grew to 422.9 billion rubles (US $13.4 billion) in receivables in the first quarter of […]
Russia’s Q1 Credit Card Receivables Up 79%
The Russian credit card market grew to 422.9 billion rubles (US $13.4 billion) in receivables in the first quarter of […]
Russian Hypermarket Owner Signs Ingenico Terminal Deal
All of Russia’s Auchan hypermarkets will deploy Ingenico payment terminals by the end of 2012, the global payment technology vendor […]
Alfa Bank Receives Visa PayWave Certification
Alfa-Bank has received Russia’s first certification for Visa Inc.’s payWave contactless-payment platform for credit and debit cards. The issuer is […]
MasterCard Signs Deal To Bring PayPass To Russian Cell Phones
MasterCard Worldwide has signed a letter of intent with Russian cell-phone carrier Mobile TeleSystems to bring PayPass contactless-payment functionality to […]
Singapore To Deploy National NFC Mobile-Payments Platform
Singapore’s Infocomm Development Authority has put together an industry group to develop a system under which consumers may pay for […]
Australia’s Commonwealth Bank Unveils Mobile-Payment Platform
The Commonwealth Bank of Australia on Oct. 26 unveiled a mobile-payment platform to enable iPhone-owning customers to do online banking, […]
Citi Russia Helping Moskovites Pay City Bills
ZAO Citibank has launched a free service that enables Moscow residents to pay their city real-estate, telephone and energy bills […]
New Chinese Social Security Card To Include Payment, Banking Applications
China’s new multifunction contactless social security card will support yuan-denominated cash withdrawals, funds transfers and other consumer-oriented banking applications, government […]
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.
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.
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.
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.
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.