FL-based ZipLine, a merchant-branded mobile and ACH payment solutions provider offering consumers instant rewards at the pump and POS, announced the appointment of consumer loyalty and payments veteran Roger Brooks, as Senior Vice President of Business Development.
Two of the world’s largest operating systems launched major updates to their mobile payments solutions this month. Both Google and Apple now have a solid platform in Android Pay and Apple Pay to enable frictionless mobile payments with integrated loyalty features.
More than 50% of retailers in the US and Europe still have to consolidate their fraud management solutions across all channels. Omni-channel retail sales are predicted to reach $1.8 trillion (£1.1 trillion) in the US by 2017, with sales in Europe predicted to hit €920 billion (£660 billion), or 44%of total European sales, by 2018.
New exponential smoothing analysis shows purchase transactions for U.S. Visa and MasterCard debit cards will slow to 6.7% in the second quarter, compared to 7.7% in the first quarter. CardData and RAM Research says U.S. credit card purchase transactions are quickly ramping up this quarter.
Purchase dollar volume (PDV) for Visa, MasterCard, American Express and Discover cards (credit + debit) in the U.S. climbed 7.8% year-on-year (YOY) in Q1/15 reaching $1.1 trillion. RAM Research now predicts annual U.S. credit card PDV will top $4.1 trillion by 2019.
SC-based RushMyBitcoin.com (RMB) is rushing to introduce Bitcoins to the general public with an exclusive introductory offer. For a limited time only, RMB will let Bitcoin newbies try a bite of their first bit”at no charge. The company calls it the “Get Familiar With Bitcoin” give-away, details of which are on its website.