The Bank for International Settlements has published a survey of developments in electronic money and Internet and mobile payments.

The Smart Card Alliance has issued a new report on the benefits of contactless payments to merchants, consumers and issues.

CyberSource has announced that it has enhanced its small business offering by bundling in additional risk management tools.

Visa International has announced that, for the first time, its global debit card volume has surpassed its global credit card volume.

The company reported that global Visa debit card volume reached US$1.48 trillion at the end of 2003, an increase of 17 percent over the previous year. At the same time global Visa credit volume increased five percent from the previous year to US$1.45 trillion.