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MPs call on Lloyds and RBS to scrap ATM access limits

MPs have called on Lloyds TSB and Royal Bank of Scotland to remove their restrictions on customers with basic accounts using rivals' cash machines.

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MasterCard and Everything Everywhere ink 5-year m-payments deal

MasterCard has struck a five year deal with Everything Everywhere to build a mobile and digital payments system for the telco giant's 27 million UK customers.

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Komercni partners with Visa, Samsung and Telefonica for mobile payments

Visa Europe, Komerční banka, Telefónica and Samsung are inviting 2000 consumers in the Czech Republic to swap their SIM cards for an NFC-enabled payment card in a commercial test of contactless mobile shopping on the high street.

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Singapore telcos launch NFC mobile wallets

Singapore wireless operators SingTel and M1 have both launched mobile contactless payments services, enabling customers to make purchases by tapping their handsets at the point of sale.

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Latest Square clone launches in Europe

SumUp, the latest start-up providing technology that turns mobile phones into card payment terminals has launched in the UK, Germany, Ireland and Austria after securing more than $20 million in funding.

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BitInstant confirms Bitcoin card plans

Virtual currency transfer provider BitInstant has confirmed that it intends to launch a Bitcoin debit card within the next two months, despite MasterCard recently denying its involvement in the project.

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Brits wake up to contactless payments

Tap and go payments technology appears to have successfully established itself in the collective British psyche over the last year, with 84% of people now able to identify the contactless symbol.

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PayPal taps Discover network to reach millions of US stores

PayPal has struck a deal with Discover that will see it tap into the card firm's network to bring acceptance of its mobile wallet to millions of US stores.

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E-crime costs UK retailers £205m a year - BRC

With e-commerce booming, the government and police must take the associated multi-million pound criminal threat more seriously, says the British Retail Consortium (BRC).

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Square payments hit by outage

Some Square transactions went unprocessed yesterday thanks to technical problems that also saw the mobile payments firm's Web site go down.

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Visa preps encryption service

Visa is preparing to launch an encryption service designed to help merchants, acquirers and processors protect cardholder data.

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Visa looks to Myanmar

Visa is working with banks in Myanmar to help build the country's electronic payments infrastructure as it opens up to the rest of the world.

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Hackers nab 500,000 Oz credit card numbers

Aussie police say that hackers targeting merchant computer systems may have stolen half a million credit card numbers and racked up A$25 million in fraudulent transactions.

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Discover backs Google Wallet

Discover has given its blessing to Google Wallet, adding a click-to-add feature to its online customer account centre to make it easy for customers to load their card to the search giant's mobile payments system.

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Nets agrees takeover of Finland's Luottokunta

Nets, the payments company owned by Danish and Norwegian banks, has agreed to acquire Luottokunta, the leading card payment service provider in Finland.

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Google, carriers, banks and card schemes join mobile payments committee

All four major US carriers have joined with Google, Isis, the big card schemes and a subset of banks and payment processors to launch a 'Mobile Payments Committee', intended to smooth the way for the commercial application of new payment modes on the high street.

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GoPago includes free tablet in POS package

In a bid to make headway in a crowded market, mobile-commerce outfit GoPago is making an aggressive pitch to merchants by throwing in all of its point-of-sale software and hardware - including a tablet - for free.

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American Express appoints ex-BofA man to head IT

American Express has appointed former Bank of America IT chief Marc Gordon as head of the card scheme's global technologies organisation.

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Mobile innovators Square and Starbucks team up

Starbucks has inked a deal with Square that sees the coffee chain commit to using the start-up's mobile payments technology in its stores, entrust it with all US card transaction processing and stump up $25 million towards a funding round.

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Westpac trials SIM-based mobile payments

Australia's Westpac is to begin pilot trials of an Android-based mobile contactless payment application.