Valentine’s Day-related purchasing rose sharply in 2015. Out of the three days, the day before Valentine’s Day (Friday, Feb. 13) saw the most credit transactions – 9.3 percent more than Feb. 12 and 5.7 percent more than Feb. 14.
European Union merchants and service providers can now easily download the PCI DSS (Payment Card Industry Data Security Standards) policy and procedures. Every merchant and service provider that stores, processes, and/or transmits credit card information must become compliant with the PCI DSS.
International (excluding the USA) Gross Dollar Volume (GDV) for Visa (VS) and MasterCard (MC) debit cards rose 2.3% year-on-year (Y/Y) in the fourth quarter (Q4/14), on a dollar basis. On a local currency basis MC’s growth in Q4/14 international debit cards GDV growth outpaced VS by 11 percentage points, according to CardData.