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…
Oberthur Technologies renews agreement with Swedbank for six years
French digital security firm Oberthur Technologies has signed a six-year renewal agreement with Swedbank to provide payment cards, personalisation and smart services in Sweden, Estonia, Latvia and Lit…
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…