Samsung starts testing mobile payment service Samsung Pay

Last Updated: Saturday, July 18, 2015, 14:48

Samsung has started testing its mobile payments service Samsung Pay in South Korea for users of its Galaxy S6 and S6 Edge devices.

Apple Pay launches in Britain, with hiccups

Last Updated: Tuesday, July 14, 2015, 16:01

Apple introduced mobile payments in Britain on Tuesday, hoping to make a splash with consumers familiar with using cards for tap-and-go purchases, as resistance from hold-out banks and stores appeared to evaporate.

'Yes' camp takes slim lead in Greek bailout referendum poll

Last Updated: Friday, July 3, 2015, 12:38

Supporters of Greece`s bailout terms have taken a wafer-thin lead over the "No" vote backed by the leftist government, 48 hours before a referendum that may determine the country`s future in the euro zone, a poll showed.

Greek PM says accepts creditor terms but with conditions: EU sources

Last Updated: Wednesday, July 1, 2015, 18:32

Greek Prime Minister Alexis Tsipras has written to creditors saying he is ready to accept bailout terms but has insisted on several further conditions, European sources said Wednesday.

Strauss-Kahn suggests temporary halt to Greek debt payments

Last Updated: Sunday, June 28, 2015, 02:45

Former IMF chief Dominique Strauss-Kahn broke his silence on the Greek debt crisis on Saturday, calling for Athens` creditors to accept a temporary suspension of payments.

Tax benefits for credit, debit card payments welcomed

Last Updated: Tuesday, June 23, 2015, 21:50

"Tax benefits in terms of income tax rebates to be considered to consumers for paying a certain proportion of their expenditure through electronic means," said the draft proposals on which comments have been invited till June 29.

CAIT campaign to promote use of digital payments

Last Updated: Sunday, June 21, 2015, 20:29

Traders body CAIT Sunday said it has in association with MasterCard has launched a nationwide campaign to promote use of digital payments in trading fraternity and help traders modernise their business operations.

HSBC sees significant rise in corporate mobile banking

Last Updated: Sunday, June 21, 2015, 15:50

Corporates are increasingly using mobile banking, according to HSBC, and it expects global payments through its mobile banking platform to touch USD 100 billion in the next 18 months.

Euro zone to discuss handling Greek defaut if no new proposals: Sources

Last Updated: Friday, June 19, 2015, 22:52

Euro zone finance ministers will discuss how to hand a looming Greek default at a meeting on Monday unless Athens submits new proposals in the loans-for-reforms talks, EU officials said.

ECB boosts emergency funding as Greek banks bleed, Tsipras calm

Last Updated: Friday, June 19, 2015, 22:02

The European Central Bank expanded emergency funding for Greek banks as savers pulled out 1.2 billion euros in a single day on Friday, bankers said, but Prime Minister Alexis Tsipras insisted the nation`s future in the euro was secure.

Greece gets temporary lifeline for banks amid uncertainty

Last Updated: Friday, June 19, 2015, 20:28

Greece got a temporary lifeline for its banks today to help them cope with a deposit drain in the run-up to a summit of the eurozone's 19 leaders that could determine the country's future in the euro.

Infosys wins three deals abroad

Last Updated: Friday, June 19, 2015, 18:16

"The Finacle solution will also help HPB to comply with Single Euro Payments Area (SEPA) requirements and support Croatia's harmonisation process with European Union regulations and Payment Service Directive," Infosys said in a statement.