Marketing Expense Q3/14
Global marketing expense among the top four payment card networks was essentially flat in the third quarter and down sequentially. Discover reported the biggest increase in marketing expense for Q3/14.
TNS + MasterCard
Reston, VA-based Transaction Network Services has inked a deal to sell its Payment Gateway Services business to MasterCard. The business will join DataCash in expanding MasterCard’s global payment gateway solutions.
Austria Payment Cards
While posting conservative growth in the number of payment cards and transaction volume over the past five years, Austria presents substantial growth opportunities for the cards and payments industry.
Monitise & Turkish Air
Monitise is powering a new suite of mobile apps for Turkish Airlines. Monitise has worked with Turkish Airlines since 2009, and designed and developed the airline’s previous ‘Fly Turkish’ apps for iPhone, BlackBerry, Java and WAP.
B2B & Credit Cards
Credit cards usage for B2B payments has increased dramatically over the past few years, and are expected to represent 10% of all payments in 2014. U.S. companies now incur an average of $2.2 million in credit card processing fees per billion of revenue.
GreenPay & Maverick
GreenPay , a mobile payments provider to the legal marijuana industry has inked an agreement with Maverick Bankcard. The new MaverickPay provides a solution to the multitude of problems present in the marijuana industry due to the lack of electronic forms of payment.
Entrust Datacard
After acquiring Entrust last year, Datacard Group has decided to change its company name, logo and corporate brand identity to Entrust Datacard.
Modo Free Apps
TX-based ModoPayments announced it will deliver, via their handcrafted API, a beautiful buying experience for the right ideas for free.
BlueSnap & GlobalCollect
BlueSnap, a payment gateway provider for the small & mid-size business (SMB) market, has partnered with Ingenico’s GlobalCollect.
Ace Rewards Platinum Visa
CardWeb.com’s CardPixes database of more than 57,000 card images today features the Ace Visa Platinum credit card. The card is issued by U.S. Bank.
Zoho & Square
CA-based Zoho Books has integrated its online accounting software and Square. Th3 ntegration greatly reduces the time spent by business owners on re-entering and reconciling their sales transactions in Zoho Books.
GoDaddy Online Store
GoDaddy unveiled a product designed to make it easy for small businesses to create an e-commerce presence and sell products online. The new GoDaddy Online Store tracks products and orders, sets up payments, and integrates social features.