Members of the Canadian card industry have revealed that the industrial trial of chip technology being conducted in Kitchener-Waterloo, Ontario was successful. 

Payment processing company MasterCard launches Maestro Advance Registration Program, a new initiative aimed to accelerate online payments made via Maestro debit cards.

A recently released study on the ratio between online banking fees and the interest levels of Internet banking accounts shows that while higher average minimums are requested when opening an online account, such accounts are less expensive to maintain and offer higher yielding, if managed correctly.

Prepaid card issuer Prepaid Card Holdings launches a new branded card aimed at the American under-banked consumer sector and especially at recipients of social security and benefit checks and other such types of direct debit instruments.

Netherlands-based payment services provider Payvision has received Microsoft Windows Vista certification for its Virtual POS applications.

PayPal has announced that improved buyer and seller protections have been made available.