Visa Inc. has announced enhancements to its Visa Offers platform that delivers targeted rewards to Visa cardholders. Visa says that "the enhanced service has the potential to eliminate paper coupons, allowing consumers, who opt in, to earn points and discounts as well as redeem special offers instantly at checkout by simply using their enrolled Visa card."  "Smarter commerce means having the right offer, delivered to the right customer at the right time,” said Jim McCarthy,...

Processing Company PayU Ukraine announced the launch of the project on -line payment services. On the new site rayupay.com Ukrainian users will be able to execute different payments :  replenish  mobile phones and electronic wallets , repay bank loans, transfer money to game accounts , pay for I nternet, utilities bills , etc. Totally on рayupay.com  are presented  more than 200 different services and service providers....

"The telcos keep on doing the same thing, they get arrogant and then they get disintermediated," MasterCard's Jorn Lambert has told The Australian Financial Review. Mobile network operators are the reason NFC payments are yet to take off, Jorn Lambert, group head of emerging payments for MasterCard in Europe, has told The Australian Financial Review — and suggested that phone makers are now better placed than carriers to bring NFC to market. Lambert's comments follow a couple of...

Visa Europe has beefed up its mobile payments service with the addition of features which let customers send money from their phone to any Visa cardholder on the continent, in any currency. Visa has been busy pushing its Personal Payments mobile service to Europe's banks, signing up 17 issuers so far, including RBS in the UK, where it has already gone live. The service lets registered users send money through their bank's app to anyone with a Visa card simply by entering the recipient's mobile...

On 15 April 2013 PJSC "Ukrsotsbank", which operates under the UniCredit Bank trade mark, in partnership with Visa international payment system introduced a special loyalty program for customers, who are users of Visa Gold premium cards of PJSC "Ukrsotsbank", UniCredit Bank™. In the period of this special offer, each customer, either existing or new, when buying or reissuing the Visa Gold card, obtains an expanded list of privileges for holders of Visa Gold premium cards, namely: "Gift...

Privatbank announced reduction of charges in the case of sending money from Russia to Ukraine via Qiwi self-service terminals or through Qiwi Wallet. Now the charge will be 2% of the transferred amount, but not less than 50 rubles. The sender sends rubles and r ecipient - upon his request - receives either hryvnias or dollars. It is possible to receive money almost immediately after sending. The recepient should only be informed  by sender the transfer code.  One can send money...

Ukrainian authorities , banks and trading companies will require additional efforts for the development of cashless payments , as the country  four times lags behind  the European level  in the number of payment terminals that accept  plastic bank cards, according to Natalia  Lapko,  D irector of payment systems division  of the National Bank of Ukraine .  She said that at present there are only 2,938 thousand terminals per  one million inhabitants of Ukraine .  ...

Cheque usage may be on the decline elsewhere in Europe but in Ireland they are still a popular payment instrument, according to the country's central bank. At the cheque's peak in 2005, 131.5 million were used, or around 32 per person, during the year. However by 2012 the figure had fallen to 75.1 million or 19 per person. This compares to an EU average of nine per person per year, with 20 out of 27 member states using just two or less cheques per annum. France is the only country with a...