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NUSPAY VAS

TX-based NUSPAY is introducing a new VAS ” not Value Added Services, rather Virtual Account Solution for cashless, cardless and contactless transactions. The new product will be unveiled on April 1, 2015.


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Moneris & Canada

Following a competitive process, the Government of Canada selected Moneris as the successful bidder to provide card processing services to federal departments and agencies across Canada.


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Other Breaking News

In today’s CardFlash News Que: WEX (Australia NMC); Acculynk (CNP EMV/NFC); ProfitStars (PayNearMe); and NCRA (ScoreWise).


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Wirecard+ AirPlus

Munich-based Wirecard has taken over the acquiring customer portfolio from Lufthansa AirPlus Servicekarten. Airplus is Germany’s top provider of payment and settlement solutions for business travel.


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Everlink DebitWear

A new payments wearable is in the works. Ontario-based Everlink Payment Services announced it has completed a proof of concept market trial for DebitWear.


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TD Connect Card

NJ-based TD Bank has introduced a new general purpose reloadable Visa bank card. The launch marks the bank’s second reloadable prepaid card. TD has 8 million U.S. customers.


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Luxembourg Cards 2014

Luxembourg’s payment cards (including debit and credit cards) grew at a significant compound annual growth rate (CAGR) of 23.14%, between 2009 and 2014. In terms of transaction value, payment cards produced EUR10.2 billion (US$13.5 billion) in 2013, registering a CAGR of 10.60%, during the same period.


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MC Canada President

MasterCard has tapped Brian Lang as the new President of its Canadian operations, effective May 1st. Lang was most recently the head of business development for MasterCard in the Middle East and Africa.


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PSCU CEO

Chuck Fagan is returning to PSCU after a two-year stint at
the Credit Union Executive Society (CUES). Acting CEO Tom Gandre will return to his role as Executive Vice President and Chief Operating Officer on April 27 when Fagan takes the reins.