OTP Bank of Hungary is using VeriFone’s payment systems in the country’s first rollout of MasterCard PayPass contactless cards.
VeriFone’s local partner, INPAS International Kft, is supplying the bank with the contactless version of VeriFone’s highly-ergonomic PINpad 1000SE, which offers a fast and simple way to accept the latest in both PIN-based and contactless payment.
“Contactless is a simple upgrade solution for merchants using the PINpad 1000SE,” said Adam Biedrzycki, VeriFone general manager for continental Europe. “We applaud OTP Bank’s efforts to provide the convenience of MasterCard PayPass payment to Hungary’s consumers and merchants.”
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
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