Payments

New UK visa payment policy - News From the 2014 Payments Summit, MoneyGram and Vodafone M-Pesa, WePay Offers Social Twist , Payment News

MEDICI

Payment Industry News for today from our News Aggregation wing: 

1. Citifmonline - New UK visa payment policy will disadvantage Ghana – Analyst

An international relations analyst, Dr. Yaw Gebeh has disclosed that Ghana will be disadvantaged with new directive given by the British High Commission in relation to mode of payment for visa application. The British High Commission since January 2014 is demanding that visa applicants must pay for their application with internationally recognized Visa Card, Mastercard or Skrill Credit Card.

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2. Marketwatch - News From the 2014 Payments Summit: 2014 to be Watershed Year for U.S. Payments as EMV Chip Card, Mobile Payments Ramp Up in Retail and Transit

A dramatic payments evolution is underway in the U.S., bringing consumers new, secure and convenient ways to pay with EMV chip cards and mobile devices in retail and transit. More than 600 individuals leading this payments transformation - including card brands, banks, merchants, mobile wallet providers and transit agencies - gathered last week at the Smart Card Alliance 2014 Payments Summit to collaborate on making 2014 a year of significant progress.

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3 . Computerworlduk - MoneyGram and Vodafone M-Pesa bring mobile remittances to new countries

MoneyGram and Vodafone have added a new way to remit money to mobile phone users in developing countries, linking the money-transfer service with the network operator's M-Pesa mobile wallet service. Other payment networks already offer similar services in some of the countries where M-Pesa operates.

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4. Bloomberg - WePay Offers Social Twist on Mobile Payments

Osama Bedier, board member at WePay, discusses the changing focus of WePay and the joining together of social media and online payments on Bloomberg Television’s “Bloomberg West.”

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MEDICI Team

MEDICI

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