ACI Worldwide, an international provider of electronic payment and banking systems, has become a member of EPASOrg, a not-for-profit organization focused on overcoming obstacles to interoperability in electronic card payments.
US-based prepaid cards and financial services provider NetSpend has teamed up with Western Union in order to develop a co-branded prepaid card.
Apart from setting up its own payment system, Russia has also revealed plans to introduce its own chip for banking cards in 2015, East-West Digital News reports.
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