Business

French retailers widening crypto acceptance

French retailers are gradually widening acceptance of payments in crypto currencies, a group of companies said Tuesday on the sidelines of Paris Retail Week.

Business

European mobile payment systems team up

Seven European mobile payment systems on Tuesday said they are joining forces to better develop cross-border contactless payments. The move is seen as an attempt to create a regional standard for smartphone payments that ...

Business

In high-tech Japan, cash is still king

Once a pioneer in cashless transactions, Japan is now lagging behind as the world's biggest economies increasingly embrace electronic payments—because its ageing population still prefers physical money.

Business

Mastercard to buy Nets payments services for $3.2 billion

US financial services company MasterCard has agreed to acquire Danish payment service company Nets' account-to-account payment business for 2.85 billion euro ($3.19 billion), the Danish company said Tuesday.

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