SMB-specialist PopMyDeal has inked a partnership with CardConnect, a provider of payment processing and technology services for SMBs and enterprise customers, to offer their respective combination of products to new and existing businesses across their sales channels.
In today’s CardFlash News Que: FINCITY (Aurora); PARKING PANDA (Button); ARROWEYE (MetaBank): and VERIFONE (VAI).
About 25% of U.S. debit cards – approximately 71 million cards – will be migrated to chip by the end of 2015. The percentage is expected to rise to 73% by the end of 2016 and 96% by the end of 2017.
After failing to come to terms with Costco in March for a contract renewal beyond 2016, American Express has inked Sam’s Club for card acceptance as of October1st. The membership warehouse club serves 500,000 small business owners every day and offers tons of opportunities for AmEx despite Sam’s razor thin profit margins.
Discover cards be added to Apple Pay starting September 16th. Additionally, Discover is rewarding cardmembers in the U.S. who use their Discover cards through Apple Pay with a 10% Cashback Bonus.
The Electronic Payments Association says its Payments Innovation Alliance has launched a Mobile Wallet Initiative to enable stakeholder companies and the broader mobile wallet community to leverage an “open” acceptance platform that includes support for retailer- and bank-branded mobile wallets for electronic payments.
SD-based Meta Financial Group reports its bank subsidiary, MetaBank, completed the previously announced acquisition of substantially all of the related assets and liabilities of Fort Knox Financial Services Corporation and its subsidiary, Tax Product Services.
Agiliance Payment Card Industry (PCI) Data Security Standard (DSS) 3.1 Content Pack has been released. Based on the new PCI DSS 3.1 information security standard, this new content pack provides organizations that handle cardholder information for major debit, credit, prepaid, e-purse, ATM, and point-of-sales cards, with packaged intelligence and best practices to tighten controls and reduce the risk of data breaches and fraud.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Udi Mokady President and CEO of CyberArk.
Houston-based Cardtronics has renewed its ATM services agreement with Target. The latest agreement, a long-term renewal, extends a relationship between the two companies that was established in 2001.
MasterCard announced Google will be among the first digital partners to follow Samsung to participate in its Digital Enablement Express program, which the company launched this week with support from several leading banks.
CardWeb.com’s CardData database of Company Profiles today features SayPay Technologies.