Blog Archives

MasterCard Mobile POS Expands

MasterCard Mobile Point-of-Sale Program Provides Guidelines to Expand Card Acceptance for Small and Micro-Businesses   Read more

Tagged with: , , , ,
Posted in Blog

Mobile Won’t Kill Card Payments In Emerging Markets

VISA thinks credit cards still have a chance in the emerging market INTERVIEW: Visa Executive: Mobile Won’t Kill Card Payments In Emerging Markets Read more

Tagged with: , , , , , , ,
Posted in Blog

Juniper’s ‘Mobile Money Transfer & Remittances’ Research Report

Juniper’s latest research about “Mobile Money Transfer & Remittances” reveals some interesting facts like domestic money transfers will reach 340 million by 2016, up from 84 million last year. You can grab you report here or read more about it.

Tagged with: , , , , ,
Posted in Blog

MasterCard jumps into Mobile

MasterCard also jumps in the mobile money service business. MasterCard launches partnership program to enhance mobile money services MasterCard has announced a global initiative called the MasterCard Mobile … Read More

Tagged with: , , , ,
Posted in Blog

Credit Card Interchange Fee Cuts

Million retailers file an Antitrust case against Visa, MasterCard and 13 of their member banks. This case can have a very large disruption in the credit card interchange fees.   Having won the debit interchange battle last year, although they still complain

Tagged with: , , , ,
Posted in Blog

History of Visa

Nice sliding time-line of how VISA got started and their milestones over the year. History of Visa Visa has been at the forefront of electronic payments since its inception. From the first revolving credit card platform to neural … Read

Tagged with: ,
Posted in Blog

Credit Card Processing Diagram

Simple yet to the point this diagram does a great job of explaining how credit card processing works.  

Tagged with: , ,
Posted in Blog

Alipay Quick Pay Targets 100 Mln Users in Two Years

Alipay and the Online payments transaction market.   “Yuan Leiming, general manager of third-party payment processor Alipay’s business division, has revealed in a speech at the 2011 China Internet Economic Forum in Beijing that Alipay’s Quick Pay online payment-by-credit-card service

Tagged with: , , ,
Posted in Blog

Alipay to tempt West’s credit cards into China

Unbeknownst to many, Alipay is huge in China and is slowly expanding outwards. It will truly rival Paypal in the years to come, by first capturing on some untapped markets (IMHO). It will be interesting to see how Paypal will

Tagged with: , , , ,
Posted in Blog
Remittance

Missing out an online payment solution for remittances for your bank? IBFS specializes in workers remittance solution that are white labeled for your financial institution.

Partner with us

If you are a payment solutions provider / processor, chances are we have a client for you. Partnering with IBFS has its benefits and access to markets otherwise hard to reach.

Credit Card Processing

If you are not accepting payments online, you are missing out. IBFS specializes in providing online credit card processing facilities for clients worldwide.

Market Size

Did you know that the world remittance market size would be US$ 404 Billion by the year 2013. Learn how we can rollout a bespoke workers remittance solution for your bank.