British blockchain startup Exscudo is set to launch a new debit card. The company claims the card will offer higher cashback than any European bank. …
Worldline to buy payment processor First Data Baltics for €73m
Worldline has reached an agreement with US-based First Data to acquire 100% of the share capital of First Data’s fully owned subsidiaries in Lithuania, Latvia, …
Estonia’s younger consumers making the digital push
Estonia’s population aged 18-25 are substituting cash for payment cards; the country has the highest debit card penetration in the Baltic region. With the floodgates for contactless and e-commerce ver…
UnionPay signs agreement with Swedish acquirer Swedbank
UnionPay International has signed an agreement with Swedish acquirer Swedbank to expand its acceptance footprint in emerging tourist destinations.…
Estonia and its debit card domination
Debit cards accounted for over 90% of total card transaction volume and total card transaction value in 2015. The high banked population is now looking towards other forms of payment including contact…