Apriva announced the release of a new software development kit (SDK) that enables Point of Sale (POS) developers to easily integrate payment acceptance capabilities into new and existing mobile applications.
U.S. credit card outstandings end-of-period (EOP) among the Big 6 issuers rose by a mere 2.3% year-on-year (YOY) in the first quarter to $451.3 billion. Capital One (+8.5%) and American Express (+7.3%) YOY led the pack, while Citibank (-4.9%) and BofA (-0.5%) cleaned up the rear, according to CardData.
Atlanta-based small business loans purveyor Kabbage has teamed with MasterCard to offer businesses the ability to pay for items at the point of sale (POS) with a purchasing card. Kabbage offers up to $100,000 in funding for a 1% to 12% payback over the first two months, 1% thereafter.