In Pakistan there are four payment gateways: HBL’s CyberSource (VISA) MCB MIGS (MasterCard) UBL’s payment gateway that gets routed via a processor in Dubai Bank Alfalah MIGS (MasterCard) There was an effort by NIB Bank to acquire MIGS processing services, but VISA would not give acquiring rights to NIB. Infact VISA has made it clear, […]
In my previous post (Collaboration and not disruption, may just be the key! Stitching together the world of disparate payments) I discussed on how fragmented the payment system is world over. I want to highlight a problem area that is abundantly documented in the form of posts on forums all over the internet – the […]
What is the preferred payment method in Saudi Arabia? Morocco? Zimbabwe? Latvia? Peru? Vietnam? Do you know? I don’t and most of my colleagues don’t. At some point in time you would like to know of the prevalent payment methods in other countries. It is very difficult to know what are the major payment methods and […]
Though this is relatively a dated document, this condensed survey outcome done by World Bank provides a very solid outlook on the various payment systems worldwide. The report can be downloaded from here.
Here is a great report published by the Anthemis Group Summary: The Global Innovation Jury The Global Innovation Jury convenes a large panel of payments industry leaders from around the world every two years. This is the third Payments Innovation Report based on their deliberations. Ixaris as a payments provider with a strong track record […]