Dollar General and Rite Aid have joined the growing American Express Serve Free Cash Reload network. Serve is AmEx’s general purpose prepaid card.
Seamless and Dwolla have teamed to enable money transfers between private individuals, also known as peer-to-peer, across the US via the digital payment solution SEQR. Additionally, Webhallen has upgraded their online shop with SEQR’s Instant Checkout service.
Global purchase transactions (PTX) for Visa and MasterCard debit and credit cards, excluding Visa Europe, soared 12.0% year-on-year (YOY) in the third quarter (Q3/15) and 2.4% sequentially. The two networks combined processed 38.3 billion purchase transactions in Q3/15, compared to 34.2 billion one-year ago.