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UK’s eMerchantPay receives e-money licence

Payments service provider eMerchantPay has received e-money licence from the UK’s Financial Conduct Authority (FCA). The company, which offers online, mobile and POS payment services …

Country Report: Bulgaria

The global economic crisis in 2009-2010 had a severe effect on the Bulgarian economy, with gross domestic product (GDP) contracting by 5.5% in 2009.…

EU to cap card transaction fees

European Union governments and the economic committee of the EU parliament have reached an initial deal on capping fees charged for paying with debit or credit cards across the 28-nation EU under unif…

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