In today’s CardFlash News Que: SHOPKEEP: PAYMENT SAVVY: NET ELEMENT: and NXT-ID.
The days of reselling third-party payment gateway services or referring merchants to payment gateways are over. IL-based NMI announced the expansion of its payments enablement platform for the Value Added Reseller (VAR) and Independent Software Vendor (ISV) markets.
The top six U.S. credit card issuers are all reporting a slight uptick in delinquency for the fourth quarter. However, Bank of America held steady. Therefore, given the recent rise in card usage the stage is set for higher charge-offs throughout 2015.