News about Digital Transactions.
October 15th, 2015
PARTNER NEWS: Transaction technology provider Carta Worldwide has introduced an appliance-based turnkey solution that aims to dramatically reduce the time it takes for large banks, processors and domestic networks to bring tokenized HCE mobile payment…
November 4th, 2014
The full 19-page contract that banks wishing to offer Apple Pay to their cardholders must sign in order to take part has been leaked to Digital Transactions. Among the fees and obligations set out in the contract banks agree to make at least 95% of their network-branded cards available to the wallet, to submit in-depth accounting reports twice a year and to pay a 0.15% commission to Apple. The contract also reveals that fees due to Apple will be collected on the iPhone maker’s behalf by Visa and MasterCard.