New research reveals while international shoppers share some common similarities on how they are finding and buying products online, consumers have unique global shopping preferences and behaviors that vary by country. Retailers looking to expand their brands globally should consider cultural norms and shopping preferences of consumers around the world.
North American Bancard (NAB) has ankled Tim Oneacre as general manager of its subsidiary Electronic Payment Exchange (EPX), a full-service payment processor that provides both front- and back-end payment solutions.
MO-based credit card processor Clearent unveiled the addition of a new virtual terminal that complements the company’s broad array of products and services. With the Clearent virtual terminal, merchants have the flexibility they need to securely process credit card payments in an office setting on a computer or when they’re on the go from their smartphone or tablet.
Berkshire Hathaway Travel Protection (BHTP) and MasterCard have teamed with Skift’s Global Travel Forum to drastically cut the time it takes to pay travel-insurance claims.
The NFC Forum has published one new and three candidate technical specifications. The specifications deliver new capabilities that support improved RF communication, new and legacy tag support, NFC-V technology and Active Communication Mode.
In today’s CardFlash News Que: SYNCHRONY (Sleepy’s); TSYS (Tangerine); DH (Ripple); and USAT (Canteen).
U.S. bank credit card active accounts (accounts with sales activity), among the top six U.S. issuers, will likely notch up 1.5% year-on-year (YOY) in the third quarter, according to RAM Research. In the second quarter active accounts among the Big 6 grew 1.4% YOY and flat quarter-to-quarter (QOQ), according to CardData.
Profits among the big four U.S. based payment networks are projected to rise 10.9% year-on-year (YOY) in the third quarter says RAM Research. Driven by Visa’s electric performance in the second quarter with net income rising 24.8%, payment card profits for the top four networks rose 10.7% in the second quarter, compared to one-year ago, according to CardData.
Verifone has expanded its taxi and car-for-hire electronic hailing (e-hail), payment and media business with the acquisition of Curb, a business that connects people in approximately 60 U.S. cities with rides from professional, insured, and fully-licensed taxi drivers. Using Curb’s e-hail app, passengers take more than 100,000 rides each month.
Synchrony Financial has inked PayPal to a long-term extension of its relationship for a credit card program including the co-branded Dual Card MasterCard credit program for consumers in the United States and Puerto Rico.
Chicago-based Arroweye Solutions has ankled Jeff Lipa as vice president of business development. Lipa previously worked for Affinion Group and Digital Insight.
Tamarac, FL-based 3dcart has unveiled its new iPad compatible point-of-sale (POS) system. Benefits of the 3dcart POS app include the utilization of the latest cloud-based technology, saving merchants valuable time and energy with automatic, secure order and product synchronization.