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Mumbai Bus Operator To Test India’s National Transit Card

PYMNTS

India’s One Nation One Card will be test-piloted with Mumbai bus operator BEST in November, NFCWorld reported on Tuesday (Aug. The national transit card system uses a bank-issued card that will run on India’s RuPay payments network, the news outlet said. The pilot is to see how the system would work.

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Gift Cards A Taxing Problem? Not Necessarily Says Tango Card CCO

PYMNTS

Other than small things like a pen or providing staff with free coffee, anything given to employees that has a clear cash value attached to it is considered taxable by the IRS, said Nat Salvione , chief commercial officer of Tango Card. However, he added, the tax implications should not exceed the cost and purpose of the present. “We

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Deep Dive: How Businesses Are Preparing Their Workers, Payments Operations For A Digital B2B Future

PYMNTS

This month’s Deep Dive examines how mobile and contactless payment options are poised to reshape the corporate payments ecosystem as well as how virtual cards can help businesses adapt their operations to the digital-first payments ecosystem that has emerged. . Reshaping Business Payments . Much of the U.S.

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Figure CEO: Figure Pay, National Bank Charter Will Boost Financial Inclusion

PYMNTS

You're not dealing with two-day settlement,” he stated, adding that interoperability also has the ability to foster sticky relationships between merchants and consumers, especially consumers who want perks and high reward cards or coupons. But a national charter would allow for a uniformity of presence and market scope.

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Payment Rail Innovators Focus On Cards, Contactless Payments

PYMNTS

New payment rails are again in the spotlight, with commercial card and contactless payments emerging as the top focuses for innovators. To provide commercial card issuers, cardholders and vendors with further automation and flexibility, Boost Payment Solutions is teaming with Visa. merchants accept touch-free payments.

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10 Lessons from the National Public Data breach for consumers and financial institutions

Abrigo

Critical practices for individuals and organizations to protect their data The National Public Data breach serves as a reminder to all of us that proactive measures are necessary to safeguard our personal information. DOWNLOAD Takeaway 1 The National Public Data breach exposed over 2.7 Enable Two-Factor Authentication (2FA).

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Mobile payments are on fire everywhere and, whilst some are just catching fire, others are burning

Chris Skinner

Recently, I’ve visited Tunisia, Egypt, Sudan and Ethiopia for example, and am bemused how none of these countries has a strong mobile wallet operator.

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