payment processing service

WebMoney enters Israeli online market

April 22, 2011 - 7:59am | News | Payment systems
WebMoney enters Israeli online market

According to the recent report of WebMoney online payment system the company has launched a new service which enables the Internet users in Israel to pay for their mobile phones.  


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First Data will start operating in Pakistan

May 21, 2009 - 2:36pm | News | Payment systems
First Data will start operating in Pakistan

First Data, a global leader in electronic commerce and payment processing services, announced significant customer wins and contract renewals for FirstVisionTM, its full-service global issuing and consumer finance processing solution. Co-operative Financial Services and Vanquis Bank have renewed major processing contracts with First Data, ensuring they will benefit from the company’s continuing investment in the FirstVision processing solution.


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M-Pesa payment system proved to be safe and reliable

February 4, 2009 - 9:39am | News | Payment systems
M-Pesa payment system proved to be safe and reliable

Statement from Joseph Kinuya, the ministry of finance permanent secretary, states that the audit held by the Central Bank of Kenya (CBK) has found Sararicom’s M-Pesa payment processing service to be safe and reliable. 

The audit was ordered by Kinuya in December 2008 with money laundering concerns, and triggered by some local banks with fears that regulations of M-Pesa could be susceptible to high-tech fraudsters and money launders 


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