Based on forecasts provided by acquirers representing approximately 80% of U.S. purchase volume at least 47% of U.S. merchant terminals will be enabled for EMV chip technology by the end of 2015. Also Visa announced it is kicking off a national awareness and education effort that will reach millions of U.S. cardholders and merchants with information about chip technology.
CardWeb.com’s CardExecs database of card industry movers and shakers today features Manuel Medina-Mora, Co-President of Citi overseeing Global Consumer Banking.
Starbucks will introduce for the first time Mobile Order and Pay in stores within the Portland area before the end of the calendar year. Starbucks is also beefing-up its My Starbucks Rewards loyalty program.
Amsterdam-based Mobbr has unveiled the world’s first and only crowd payments platform for the collaborative economy. Mobbr Crowd Payments unlocks the true potential of crowd-sourced labor.
goSwiff mobile commerce and marketing launched a PINPad card reader to boost the efficiency and security of cashless mobile transactions across a range of markets. goSwiff’s pocket-sized PINPad card reader allows banks, MNOs and merchants to accept fast, safe mPOS transactions through their mobile devices on the go, so that no sales opportunity is missed. goSwiff PINPad is the only card reader in the market designed from the ground up for mobile payments in harsh environments. The goSwiff PINPad can cater to a wide range of mobile devices, offering great flexibility in terms of which platforms you wish to facilitate transactions on. With its Bluetooth V3.0 (Class II) connection, any mobile device is invited to take advantage of all that PINPad has to offer.
CardWeb.com’s CardWatch database of more than 57,000 marketing items including direct mail, print ads, TV ads, etc. today features the Discover it Card – “Investigators” from July 2013.
NC-based Pensmore Software launched a product that will greatly simplify the way merchants record their merchant service specific sales data into QuickBooks Online.
Cloud-based small business technology provider ShopKeep is adding an NFC for Apple Pay enabled card reader. The new card reader will be available for purchase in November.
CardWeb.com’s CardPixes database of more than 7,000 card images today features the Korean Air Skypass Signature Visa. The card is issued by U.S. Bank.
Customer service leader Aramark will pilot acceptance of mobile payments from Apple Pay and Softcard at select arenas this hockey season. In partnership with the Pittsburgh Penguins, Aramark will begin accepting Apple Pay as a method of payment for food and beverage purchases made at CONSOL Energy Center.
Mjoy Group, a sports and entertainment company that coordinates special events and VIP experiences for corporations has signed up for Cause Direct’s morally conscious payment processing services.
American Express (AmEx) reported U.S. card service after-tax income rose 13.7% year-on-year (Y/Y) in the third quarter (Q3/14) to $889 million, compared to $782 million one-year ago.