Recaudo Bogotá S.A.S, Bancolombia and MasterCard(press release) have announced the inclusion of electronic payments to promote and facilitate access to Bogotá’s Integrated Public Transit System (SITP). To this end, Bancolombia is integrating a transit component in its Maestro debit cards for use as a means of payment on the SITP

YellowPepper, a Latin American pioneer in mobile banking and payment solutions, has landed $19 billion in a Series C round led by LIV Capital. Investors include Mexico Ventures, a program managed by Sun Mountain Capital (a US-based venture fund), Fondo de Fondos, International Finance Corporation / World Bank Group and

Since its launch in October last year, Apple Pay has been steadily growing in popularity. However, self- serving hardware seem to be one of the last few places to accept only cash or cards. USA Technologies (NASDAQ: USAT), a leader of wireless, cashless payment and M2M/IoT solutions for small-ticket, self-serve

There are unconfirmed reports about Google procuring mobile commerce company Softcard previously known as ISIS. Catching up with Apple Pay, Google is looking to invest in a similar mobile pay service for Android users. Softcard, similar to PayPal, Google, and Dwolla etc., has been trying hard to hold its ground