Cardis in the News
1 May 2013
Cardis wins Contactless & Mobile Award
Cardis aggregation technology is the first to reduce the cost of processing low value payments to a fraction of current industry rates – good news for all parties handling everyday small payments.
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14 March 2013
For China the rapid growth of smartphone use provides great opportunities to reduce the drain on the economy caused by the continued use of cash for everyday transactions.
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6 Mar 2013
Cardis - Contactless & Mobile Awards 2013 Finalist
Cardis International has been selected as a Finalist in the ‘Competitive Advantage’ category of the Contactless & Mobile Awards 2013. Winners will be announced at the Contactless & Mobile Spring Awards on 30 April in London.
Over 100 entries from around the world have been received for this year’s CMAs.
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15 Feb 2013
Lifetime Achievement Award Cardis Advisory Board member Ken Howes was recognised for his service to the payments industry with a Lifetime Achievement Award at The Cards and Payments Awards.
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14 Feb 2013
Discount Stores: Hidden Benefit to Accepting Low-Value Payments Electronically
by CHAIN STORE AGE
The conundrum for discount and dollar stores, as well as for many other merchants, is that transaction costs for electronic (card, mobile phone, or digital/mobile wallet) low value payments — typically defined as those under $20 — have risen dramatically, so much so that many merchants are finding them unsupportable within their own narrow margins.
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21 Jan 2013
What's the Holdup On Mobile Payments? by Retail Info Systems News
There are many big players in the digital wallet space, and all of them are working on a version of the smartphone-based mobile wallet. Yet for all the technical know-how and industry clout being spent on it, mobile payments have yet to experience explosive growth – so what is holding back mobile payments?
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10 Dec 2012
As mass market retailers know all too well, transaction fees for low-value payments (LVPs) - typically
definedas those under $20 — have risen dramatically, so much so that many merchants are finding them unsupportable within their own narrow margins.
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11 Sep 2012
Since July, employees of Raiffeisenlandesbank Oberösterreich in Linz have been able to make contactless payments with their mobile phones at selected shops. Initial experiences and the feedback from both the shoppers and the retailers are very positive.
CardMobile press release English
CardMobile press release German
View CardMobile video
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31 Aug 2012
It’s not exactly a hip question right now. But what exactly is Square?
Excitement is building around the payments company, which is led by Jack Dorsey, Twitter’s co-founder. It’s close to raising $200 million of new capital, and Starbucks said in early August that it was going to use Square’s technology.
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27 Aug 2012
India – a market ready to harvest low value payments
In this article Mr. Djurdjevic shares his impressions from a recent visit and discussions with Indian payment organisations. He also has some advice for financial institutions and other payment players participating in this market.
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17 Aug 2012
Square’s deal with Starbucks
Square’s deal with Starbucks is exciting and groundbreaking. The innovation and convenience Square is bringing pairs with the fact that this agreement signals a milestone for Square as it moves into the broader point-of-sale merchant arena.
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10 Aug 2012
New Deal with Starbucks Raises New Issue for Square
Square's much-publicized deal with new partner Starbucks is expected to provide the payments company with great new opportunities. But as Nebo Djurdjevic, CEO of payments solutions provider Cardis International, the deal will also present Square with new challenges that it hasn't faced before.
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18 July 2012
King Cash: Time To Dethrone?
Nebo Djurdjevic is CEO at Cardis International, a payments company based in the Netherlands that’s hoping to disrupt low-value payments. At its core, Cardis attempts to reduce per-transaction costs for low-value payments by aggregating them together into one transfer — but there’s much more to the story than that.
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25 May 2012
Squabbling while Athens burns?
Austerity hurts, there’s no question. Greece is feeling the pain, but it’s certainly not alone – countries across Europe are reeling from the banking crisis and austerity measures. And people are angry as they struggle to pay their bills.
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14 May 2012
Business Case for EMV Chip: Carrot More Compelling Than Stick
Although it has become the standard in Europe, Asia and Latin America, there has been relatively little interest in moving to EMV chip technology in the United States.
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3 May 2012
Cardis Positions Low-Value Transaction Software As A Plus In EMV Conversions
Nebo Djurdjevic figures recent developments affecting the cost of doing business in the U.S. payments industry have opened a door for his software company.
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20 Apr 2012
Mobile Payments Today: Mobile Payments and Low Value Transactions
Contactless payments, mobile NFC technology, prepaid cards, e-purses – around the world it seems everyone is looking for a solution to the elusive challenge of low value payments or LVPs.
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19 Apr 2012
Payments, Cards and Mobile: It’s possible – industry can displace cash with all-win approach to transaction fees
Square has become a retail and payments phenomenon. Across the USA it has provided hundreds of thousands of small and medium-sized retailers with an alternative to purchasing or renting traditional point of sale card acceptance equipment.
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4 Apr 2012
How small debit payments can still be profitable after Durbin
Despite the Durbin Amendment, low value debit payments can still be profitable with the right aggregation solution
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22 Feb 2012
Raiffeisen plies new payment technology to card-wary merchants
Raiffeisen Bank is moving into contactless payments through an initiative called CardMobile. As part of the initiative, the bank is courting local merchants with a new processing technique designed to lower costs for low-value purchases
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14 Feb 2012
First in-market deployment of Cardis technology heralds global move away from cash
Cardis introduces low value payment market model which, for the first time, makes processing of small payments economically attractive for merchants, processors, payment schemes and banks
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27 Jan 2012
Raiffeisen Bank International to launch Cardis low value payment software plug-in
Low value payment plug-in provider Cardis has today announced the roll-out of its low value payment application in conjunction with Raiffeisen Bank International and Visa Europe in Austria.
CardMobile press release English
CardMobile press release German
View CardMobile video
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14 Feb 2011
Cardis plug-in addresses challange of the Durbin Amendment
The Durbin Amendment in the US is putting the card payments business model under significant pressure. With major revenue loss, especially on higher value card transactions, it will be even more difficult for the banks to provide attractive merchant fees for the huge number of low value payments.
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31 Mar 2010
Cardis solution delivers win-win for banks, card schemes and retailers
Cardis Enterprises International, an innovative payment solutions company, announced today the European introduction of its enhanced low value payment solution with a unique business model that provides a platform to drive cash replacement of everyday small payments.
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