Payment systems

PayPal plans to break in the profitable break in the Japanese market   by making an effort to enter it, despite the absence of eBay in the country.

eBay left the Japanese market in 2002, the same year it acquired PayPal, conceding the country to Yahoo Japan.

allpay Limited announced that it was granted Visa Card manufacturing and Bureau accreditation. Hereford-based company allpay partnered with Visa to pass the strict accreditation. Initially achieving Visa Bureau Vendor status, Visa Manufacturing Accreditation followed shortly after and includes card production and EMV chip embedding.

allpay can now offer its clients full Visa EMV production and services from its purpose built, highly secure production area which was developed with an investment in excess of £2 million.

PayPal has unveiled its intention to deprive its Indian customers of the ability to withdraw funds from accounts electronically.

Earlier this year, the e-payments company had to suspend temporarily personal payment transactions from and to India, when the Reserve Bank of India (RBI) concluded that PayPal was not in compliance with all relevant regulatory requirements.

MoneyGram International has added three new agents to its network in Paraguay. The new agent partners include Banco Familiar, Cambios Chaco and Multicambios.

Banco Familiar is a leading consumer bank in Paraguay, and has one of the largest banking branch networks in the country. Cambios Chaco, with 20 locations, and Multicambios with 30 branches - the most in the country - are experienced foreign exchange agencies. Banco Familiar and Cambios Chaco were formerly agents of MoneyGram's main competitor and now are offering MoneyGram services.

A global provider of financial services solutions Fiserv Inc announced that The Westpac Group has selected online consumer, business banking and corporate services from Fiserv to power the bank’s Online Transformation Program. Westpac has chosen Corillian® Online and Voyager® banking solutions from Fiserv to serve retail banking customers, small and medium-sized businesses, and corporate customers across its unique brands.

A provider of alternative electronic payments eBillme has announced the addition of online coupons for back-to-school shoppers looking to save some money. Customers can join eBillme.com's mailing list to receive back-to-school sales alerts. In addition to these special sales at participating merchants, eBillme.com also offers customers a special 'deal of the day.' These deals come from name brand merchants such as Sears and Buy.com and the merchandise is offered at a steeply discounted rate.

The Merchant Risk Council (MRC), a merchant-led trade association focused on electronic commerce risk and payments globally, announces the opening of the MRC Europe office in Madrid, Spain.

Led by Nicolas Vedrenne, MRC Managing Director for Europe, the Madrid office connects merchants, risk management solution providers, law enforcement officials and financial institutions with specific programmes that are dedicated to making e-Commerce more efficient, safe and profitable.

A global payment services company the Western Union has partnered with Family dollar Inc to provide the Western Union® goCASHSM service, a new U.S. in-lane money transfer service from Western Union, across 6,500 Family Dollar store locations.

MoneyGram has added the Savings Bank of the Russian Federation (Sberbank) to its remittances network. Now Sberbank, the oldest and largest bank in Russia as well as Eastern Europe, will be MoneyGram’s largest agent in the region. Initially, the bank will provide MoneyGram services in over 7,000 locations across the country.

 ProPay, credit card processing and electronic payment services, has announced about debuting of a suite of resources designed to help educate merchants and help them more easily address data security, regulatory compliance and risk issues. Among these resources are a blog, newsletter and a series of whitepapers. 

 The Western Union Company has announced the launch of an account-based money transfer (ABMT) in Korea and India through its existing agents in those countries Industrial Bank of Korea (IBK) and the State Bank of India (SBI). 

One of the biggest money transfer services of the world MoneyGram International (has announced a launch of 2 more national posts. According to the company statement MoneyGram have opened new representatives in Kazakhstan and Moldova, enabling the residents of each country to get qualitative services through Kazakhstan Post and Moldova Post respectively. 

The representative of TSYS Acquiring Solutions has told about the expansion of the agreements with Sage Payment Solutions, the payments division for Sage North America. TSYS is the exclusive provider of authorization, settlement and terminal deployment services for Sage Payment Solutions.. 

GloballCollect, a known provider of payment processing services has announced its partnership with Nymgo, a division of Splendor Telecom, a known provider of VoIP services. With GlobalCollect now the clients of Nymgo can benefit from cost effective and high quality international calls and pay with credit and debit card payments. Also the company has promised to add for multiple currencies to pay with. 

 PaySimple a known provider of the cloud-based, receivables management and payment processing platform has announced introduction of Rajeev Singh to its Board of Directors, an acting president and CEO of Concur Technologies, the world’s leading provider of on-demand Employee Spend Management services.

After joining PaySimple’s Board of Directors Rajeev Singh will be responsible for advising PaySimple on strategic business operations and expansion decisions.