V+MA 1Q/17 U.S. PTX Edges Upward Pushed by V Credit Cards

Purchase transactions (PTX) for Visa and Mastercard credit and debit cards in the U.S. grew by 4.8% year-on-year (YOY) in the first quarter (1Q/17) to 20.3 billion. The growth was driven by credit cards, and more specifically Visa. according to CardData. U.S. purchase transactions for Visa and Mastercard payment cards (debit+credit) hit 20,388 in 1Q/17, compared…

Bitcoin Gains Traction as Cannabis Dispensaries Demand a Payment Solution

Bitcoin had gained 157% year-to-date and dominated the cryptocurrency market with $43 billion market cap. Another digital currency, Ethereum, also skyrocketed this year. The price of Ethereum hit a new record high of $250 a coin on Sunday, with an increase of more than 2800% this year. Ethereum is now the second-most popular cryptocurrency. According…

Ingenico to Unveil Just Works POS Pairing for Seamless Bluetooth Coupling

Ingenico is set to unleash the RP450BT, a versatile mobile card reader, which expands upon its robust line of secure EMV-ready mobile solutions. The key features of the RP450BT include “Just Works” pairing for seamless Bluetooth coupling, an innovative design to increase stability and portability, standard compatibility with hundreds of iOS and Android handhelds, and…

FleetCor on Fire – Q1 Profits Solid & Major B2B Acquisition in the Wings

GA-based FleetCor Technologies (FLT), a major provider of fuel cards and workforce payment products to businesses, reported first quarter (1Q/17) profits jumped 11.3% year-on-year (YOY) as domestic and international transactions also posted double-digit YOY gains in 1Q/17, according to CardData. FleetCor says its fundamentals were strong, organic revenue growth was approximately 10% in the quarter,…

Verifone Nails a Major Ukraine Payment-as-a-Service POS Deal

PrivatBank, the largest acquirer in Ukraine, has selected Verifone as its payment solution and service provider. As part of a three-year deal, Verifone will set up and manage PrivatBank merchants with point-of-sale (POS) solutions giving PrivatBank the freedom to focus on their more than 120,000 merchant clients of all sizes and verticals with financial services.…

KinerjaPay Lands Two Major Indonesian C-Store Chains as Expansion Accelerates

Digital payment and e-commerce platform, KinerjaPay” has inked Indomaret and Alfamart, two of Indonesia’s largest convenience store chains, will now allow customers to make payments on any transaction performed inside KinerjaPay platform. KinerjaPay notes as the vast majority of our customers do not have bank accounts or credit cards, virtually all transactions are made with…