PayPal to Help Visa Expand VDEP & Visa Direct into the Asia Pacific Region

PayPal and Visa have extended their domestic partnership arrangement to outside the U.S., specifically Asia Pacific The partnership makes it easier for Visa issuing banks in Asia Pacific to offer their cardholders the ability to checkout anywhere PayPal is accepted online. It also expands the use of PayPal to retailers that accept Visa in physical…

Innovative Shopping Trends in Retail Taking Shape in 2017

The self-serve retail model, 24/7 stores with robot-assisted drive-thru windows, and interactive mirrors will become mainstream. Nearly half (47%) of consumers in a recent survey ranked interactive touchscreen mirrors in dressing rooms among the top three most exciting innovations of the future. According to Synchrony Financial’s Future of Retail: Insight and Influences Shaping Retail Innovation…

Viewpost to Integrate Visa Virtual Commercial Cards Payments

B2B payments specialist Viewpost has inked a major partnership with Visa to bring electronic business payments to Viewpost’s small to medium-sized business clients (SMBs). By using Visa virtual commercial cards through their participating financial institutions, SMBs will increase automation, convenience and security for their B2B transactions. Viewpost’s SMB customers will be able to benefit from…

Mastercard Acquires Biometric Digital and Mobile Payments Fraud Fighter

Mastercard has inked an agreement to acquire NuData Security, a global technology company helping businesses prevent online and mobile fraud using session and biometric indicators. The Internet of Things is creating a more digitally-driven and digitally-connected world, with an estimated 50 billion smart devices to be in use across the globe by 2020. While such…

PaySimple Service Commerce sPOS Targets SMEs

Denver-based PaySimple has reinvented point-of-sale software for service businesses with their new release of Service Point of Sale (sPOS) platform. Small- and medium-sized service business owners are looking for ways to simplify management tools and have a more comprehensive view of their businesses. PaySimple’s new sPOS is a virtual terminal that provides customers the simplicity…

PayPal Continues to Rock ’n Roll as Q4 PTX & TPV Top 20% YOY

PayPal continues to gain market share as total payment volume (TPV) soared 22% year-on-year (YOY) in the fourth quarter (4Q/16). However, the transaction margin declined 340 basis points (bps) in the quarter, compared to 4Q/15, according to CardData. During 2016, PayPal added 18 million active accounts, reflecting double digit YOY growth. Transaction revenues for 4Q/16…

All-In-One Wedding Registry Platform w/Credit Cards Introduced

Seattle-based Blueprint Registry announced its credit card processing fee is approximately 5% less than their competitors, at 2.5%. In addition, Blueprint Registry also announced the launch of two new features that allow users to aggregate existing registries into one account: one-time import and automatic import. The one-time import feature allows customers who have previously created one…

Next Generation Payment Testing Solutions Optimizes Existing Legacy Testing Assets

Paragon Application Systems has inked a deal with RS Software India, a provider of digital payment technology solutions that builds payment infrastructure for countries all across the globe and helps businesses transition from legacy to modern e-payment systems. The alliance addresses the growing demand for testing solutions that provide better automation and more comprehensive code…

Blockchain Tech & Microsoft Azure Platform Combine in Sports Arena

Microsoft recently Teamed with AMIS and Industrial Technology Research Institute of Taiwan (ITRI) and formed the first blockchain consortium network on Azure. Meanwhile, Microsoft was also in collaboration with many banks such as Fubon Financial. After a short period of one and a half month, Microsoft furthered blockchain technology into a new area and announced…