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EU Consumers Can Create eWallet, Manage Mobile Payments In New Visa, Vipps Deal

PYMNTS

Visa is teaming with Norwegian digital wallet company Vipps on a new initiative to boost mobile payments in Europe, according to a report from Cards International. Over 75 percent of Visa payments in Europe have become contactless due to the pandemic, the report stated. Vipps, launched in 2015, has now reached 3.7

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Alipay+ Expands to Help European Merchants Connect With Asian Travellers in Build Up to EURO 2024

The Fintech Times

To ensure that tourists travelling to Germany and Europe for UEFA EURO 2024 enjoy a seamless travel experience, Alipay+ is expanding its cross-border mobile payment acceptance and merchant coverage by enabling more payment partner apps to be accepted across Germany and other popular European destinations.

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Ant Group Debuts Virtual Bank In Hong Kong Weeks After Filing IPO

PYMNTS

Ant Bank, the virtual banking division of Hangzhou, China-based Ant Group , has launched banking services in Hong Kong, Fintech News reported. The Hong Kong Monetary Authority (HKMA) approved Ant Bank’s application for a virtual banking license. It was one of eight such recipients, the report stated.

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Mercari Teams With Line For Payments; Telco M1 Connects With DISA For eWallet Protection

PYMNTS

Coverage includes the tie-up between Mercari and Line for payments in Japan. Mobile payments are on the rise in Malaysia , bus operator Lynxbus plans to roll out cashless payments in the United Kingdom and Telco M1 plans to help protect mobile phone users from eWallet theft in Singapore with the help of DISA.

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Alipay Sets Sights on Tourism in Asia, As New Partnerships Boost Travel to South Korea and China

The Fintech Times

The initiative helps global travellers visiting Huangshan enjoy convenient payment options, including card, mobile payment and cash, as well as claim-tailored digital red packets to enjoy shopping discounts and check travel guides and tips in 16 languages.

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24 Big European Banks Take On Visa, Mastercard With Their Own Payment System

PYMNTS

A group of big European banks is planning to challenge Visa ’s and Mastercard ’s positions as the world’s two largest payment processing networks, Electronic Payments International reported. . The launch, first reported by Les Échos, is expected to be revealed by the 24 banks as early as Thursday (July 2). .

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Mastercard And Ethoca Help Merchants, Issuers Improve Online Transaction Clarity

PYMNTS

A new Mastercard initiative aims to improve online transaction clarity so that customers can know exactly who they purchased from, according to a press release Tuesday (Sept. This can lead to consumers contacting their banks, which could incur costs and waste time with unnecessary chargebacks.

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