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The European Payments Initiative (EPI) is seeking public funding to support its development of a unified payment system across Europe that would compete with US-based networks such as Visa and Mastercard, EPI chief executive Martina Weimert has said... More
The banks and other institutions backing the development of a unified payment systems for merchants and consumers across Europe have so far invested €30m in the European Payments Initiative, EPI chair Joachim Schmalzl has revealed... More
Sixteen major European banks have announced plans to jointly create a new company that will be tasked with delivering “a seamless, competitive and unified payment solution” for in-store, online and P2P payments across Europe... More
Apple Pay is now live in Germany for customers of Deutsche Bank, Hanseatic Bank, HypoVereinsbank/UniCredit, Fidor Bank, Comdirect, N26 and Bunq... More
Apple Pay has begun rolling out across Italy with support for Mastercard and Visa cards issued by Carrefour Banca and UniCredit, with American Express, CartaBCC, ExpendiaSmart, Fineco Bank, Hype, Banca Mediolanum, N26 and Widiba listed as “coming this year”. The launch takes Apple Pay to a total of 16 markets globally. More
Another 930,000 European merchants will soon accept Alipay mobile payments at the point of sale, following partnerships between the company and some of Europe’s largest financial institutions and payment service providers... More
MasterCard is currently conducting more than 25 host card emulation (HCE) projects in 15 countries, the payments network has announced, with multiple issuers now moving close to commercial deployments... More
Russia’s UniCredit Bank is to offer customers contactless stickers that can be attached to their mobile phone to make payments... More
UniCredit Business Integrated Solutions, a division of Italy-based financial institution UniCredit Group, is testing a multi-application mobile wallet solution that works on both Android and BlackBerry NFC phones... More
The Slovak bank is providing customers with MasterCard-branded contactless stickers that can be attached to the back of their mobile phones and used to make payments at more than 3,000 contactless card acceptance points currently in place in Slovakia. More
