Weekly Headlines 13 March 2020

13th March 2020

Mastercard digital inclusion drive with Samsung

phos and Mastercard pilot for Android mPOS

Klarna joint payment solution with Wirecard

PSR on Access to cash

EC Study on IFR impact

Paysafe looks for expansion with Mastercard

Nets acquires Polish PSP

Amazon ‘Just Walk Out’ technology


Mastercard has announced a global partnership with Samsung to drive digital inclusion.

The aim is to enable digital access to consumers and small businesses in emerging markets through Mastercard’s extensible Pay on Demand platform. The platform brings together FIs, original equipment manufacturers and telcos to solve issues that have limited device financing in emerging markets.


phos is working on a pilot project with Mastercard on contactless mobile payments in four countries.

The pilot enables merchants to accept contactless payments on Android mobile devices without the need for any additional hardware. The project uses Paynetics as the acquiring and involves c200 merchants across the participating countries of the UK, Germany, Bulgaria and Romania.


Klarna is partnering with Wirecard to launch an enhanced joint payment solution.

All three Klarna shopping methods, Pay Now, Pay Later and Klarna Financing, can now be embedded into merchants’ checkout via a single integration with Wirecard. The solution, that sees Wirecard processing all transactions, is currently available in nine countries, with more geographies to be included in 2020.


The PSR has issued details of the responses to its Call for Views on research into cash accessSummary document.

The PSR is considering the information received and the feedback provided has been taken into consideration as it deicides what will be its key priorities on this important subject.

In the UK Budget the government has announced it will bring forward legislation to protect access to cash for those who need it. This will ensure industry continues to meet the changing needs of cash users.


The EC has published a study on the application of IFRStudy.

The study finds that the main objectives of the Regulation have been achieved, as the interchange fees for consumer cards have decreased by 35% between 2015 and 2017. An increase in cross-border acquiring services and card transactions has also led to a higher degree of market integration.


Paysafe has announced an expanded strategic partnership with Mastercard.

The new agreement is designed to support Paysafe’s growth and card acceptance in the EEA with a particular focus on Paysafe’s card issuing solutions, including its Skrill Prepaid Mastercard and NETELLER Net+ Prepaid Mastercard. Mastercard will also support Paysafe’s product development and innovation, including digital enablement for its services.


Nets has acquired Polish payment provider Polskie ePłatności (PeP).

The deal further strengthens Nets’ presence in Poland, adding SME focussed capabilities in ecommerce and POS, of which PeP has 125,000.  The transaction values PeP’s at €405m. The acquisition follows the recent acquisition of Dotpay/eCard and the strategic alliance with Przelewy24, both of which are strong in e-commerce, making PeP’s POS strength a good fit.


Amazon plans to sell the technology behind its cashier-less convenience stores to other retailers.

Branded ‘Just Walk Out technology by Amazon’, a new website is to go live offering the service. Amazon says it already has “several” signed deals with customers. Shoppers will insert a credit card into a turnstile to enter a store, rather than scan an app as used for Amazon Go.


OTG’s CiboExpress outlets are to be the first to use Amazon’s Just Walk Out Technology.

Three of the CIBO Express Gourmet Markets that operate in major US airports are to be fitted with the Amazon technology in a move aimed at revolutionising the airport experience for travellers.

Meanwhile it is reported Amazon is about to open its first UK store in Notting Hill.


Industry Videos

Dutch cashierless store trial

ING is working with supermarket chain Albert Heijn and US AiFi on a cashierless store trial.

Users gain access by scanning their debit card, with cameras and ‘smart shelves’ tracking purchases and automatic payment on exit. Similar to Amazon Go but does not require an app.

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