HPS Q2/15

NJ-based Heartland Payment Systems (HPS) reported Small and Mid-Sized Enterprise (SME) transaction processing volume was a quarterly record $23.8 billion for Q2/15, up 16.5% from the second quarter of 2014, the fourth consecutive quarter of double-digit acceleration. Quarterly net revenue was a record $203.9 million, up 27.9% from the second quarter of 2014, with organic net revenue growth of 12.5% for the quarter.

MDES & Samsung

MasterCard and Samsung are extending their global partnership leveraging the MasterCard Digital Enablement Service (MDES) to deliver Samsung Pay in Europe. Samsung Pay is a mobile payment service that will enable consumers to use their Samsung flagship mobile devices to make every day in-store purchases at contactless and magnetic stripe terminals leveraging NFC and MST technologies.