According to T.C.Guruprasad, CEO & Managing Director, CentrumDirect Ltd, more travelers are using prepaid cards in order to avoid the high rates. Along with low rates, prepaid cards also carry a security feature – they are chip-based and come with a back-up card. So there...
Deck: Spring just doesn’t seem to have spring just yet for the Bitcoin market, despite the plethora of news around Bitcoin. Innovators continue to be hopeful and a new Bitcoin debit card has come to market, but news from Australia and China has tempered the...
As bitcoin ATM’s spring up around the nation and world that give consumers a real-world location to make cash-to-virtual currency (and vice-versa) exchanges, Cryptex is going one step further by offering the first global Bitcoin-to-cash ATM and debit card. These cards are tied to any bitcoin...
eGifter, the social gifting company, has teamed up with GoCoin so they can accept Dogecoin and Litecoin for purchases. The company believes that this will provide a secure, fraud-free transaction at only 1 percent of the cost- versus over 2 percent with a credit card....
Boost Mobile recently announced that the fees for check loading and money transfers will be waived as part of a promotion. The Boost Mobile Wallet allows prepaid subscribers to manage their money, send payments, and pay bills. Mobile payment provider Wipit will power the service, which...
MasterCard East Africa is reporting that electronic payments are starting to drive and transform the retail market in Kenya. James Wainaina, Vice President of MasterCard East Africa says that there are more cards in the market, and contactless devices are becoming more common. “The market...
From customer service to customer acquisition, merchants are using Beacons powered to enhance the relationships with their customers. Here’s a look at some of the early adopters and what they hope to achieve using this new technology.
The key to running a successful prepaid program in any market globally is to develop profitable and ethical business practices,something Amit Sethi dubs “market-appropriate” business models. And innovation plays a big part in this said Sethi, the co-chairman of the Prepaid International Forum India and...
After a big announcement and bold plans for the future of secure payments in Canada, the Royal Canadian Mint has officially decided to ditch the MintChip program and is looking to pursue a sale of the business. “The Mint is currently working with the Department...
