BlueSnap is now offering new Coupon and Bank Transfer APIs that will help merchants increase sales and convert shoppers this holiday season. The Coupon API allows merchants to manage their own coupon library while the Bank Transfer API will allow shoppers to pay for online goods by transferring funds directly from their bank accounts
Alliance Data Systems completed the acquisition Conversant.
Conversant, which will operate under Epsilon, establishes a unique end-to-end marketing services company that will empower clients to more effectively market to their customers across all channels.
Charge-offs among the nation’s top six credit card issuers will likely drop to 2.33% in the fourth quarter, but will likely inch up in the first quarter as delinquency ramps up. The fourth and first quarter are somewhat skewed due to the seasonality denominator.
Move over Xapo here comes Blade Financial, headed by the former GM of American Express’s prepaid card business. Blade Financial is the the first company to bring debit card programs directly to bitcoin businesses.
NY-based PayItSimple in collaboration with Spreedly have completed integration with an additional 30 payment gateways to provide PayItSimple service to US-based merchants. With the addition of these gateways, PayItSimple is now integrated with approximately 70% of all payment gateways in the U.S.
Gift card sales will likely continue grow at a 6% compound annual growth rate (CAGR) through 2017. However, e-gifting which is expected to supply the next leg of growth for the gift card industry over the long-term, grew less than expected this year.
The number of global mobile payment users is expected to grow at a compound annual growth rate (CAGR) of 16.4% through 2017, according to CardData. About 31% of consumers who have a device with Near-Field Communication (NFC) technology, used it for mPayments in the last month.
In 2013, the Egyptian payment cards transactions were estimated at USD 23.5 billion, representing a CAGR of 9.07% from 2009. The average transaction value in Egypt in 2013 amounted to USD 97.7, the lowest if compared with other Arab countries.
NY-based ShopKeep unveiled its new e-commerce site, shop.shopkeep.com. To celebrate this new site, ShopKeep is giving new customers a free credit card reader that supports Apple Pay and chip cards.
KS-based Retail Success has acquired NE-based Boutique Window, an online marketing and social media management platform. Retail Success will add Boutique Window to its existing set of retail tools that include POSIM a point of sale, inventory management and eCommerce solution and sister company, National Merchant Alliance, a provider of electronic payment technology and services.
PenFed is blazing the way in credit union credit cards and piling up awards along the way. The PenFed Platinum Rewards Visa Signature Card is the latest standout in its portfolio.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Pierre J. DuPré, the Chief Information Officer of JetPay.