Australian credit card outstandings edged up by 1.4% year-on-year (YOY) in October. Credit card credit limits increased 3.7% YOY and the number of credit card accounts rose 3.6% YOY.
Verifone has added another gizmo to its mobile point-of-sale (mPOS) portfolio. The new Verifone e265 offers independent and micro merchants the flexibility to accept all major payment types and integrate with smart devices for value-added commerce capabilities.
International purchase transactions (PTX) for Visa and MasterCard credit and debit cards grew by 18.0% year-on-year (YOY) in the third quarter (3Q/15). International PTX for credit cards increased 11.9% YOY while international PTX for debit cards soared 28.9% YOY in 3Q/15.