Global GDV 3Q/15

Updated figures, based on regression analysis, shows gross dollar volume (GDV) for Visa, MasterCard, American Express and Discover cards (credit + debit) globally will rise 7.1% on a currency adjusted basis (FX) for the third quarter. RAM Research projects global GDV of $3728 billion for the third quarter.

VMware NSX

San Francisco-based Mellanox Technologies unveiled the availability of hyper converged platforms for enterprise private clouds and telecom service providers. The reference platforms utilize VMware vSphere 6’s advanced features, including VMware Virtual SAN 6’s all-flash, and the VMware NSX network virtualization platform, connected over Mellanox’s 40Gb/s Ethernet inbox driver with DPDK support running over SwitchX switches, ConnectX-3 Pro Network Interface Cards (NICs), and LinkX cables.


BBPOS is set to unveil its new WisePOS, an Android smartphone cum mPOS device in just a few weeks. Achieving flexibility and seamless integration into back-end systems, WisePOS demonstrates its uniqueness by combing a smartphone and mPOS features. It provides superior flexibility for merchants to use the Android platform to develop custom applications and services to reduce complexity and optimize their business.

Moneris & Verifone

Moneris Solutions has inked EMV certification of Verifone’s line of unattended payment devices. With this certification, merchants can now adopt a secure unattended payment solution that can be deployed quickly and easily to ensure they are ready for EMV and NFC payment acceptance.


Due to exponential smoothing purchase dollar volume (PDV) for Visa, MasterCard, Discover and American Express U.S. credit cards is expected to exceed $4.2 trillion annually by year-end 2019. According to forecaster RAM Research, the U.S. PDV for the U.S. credit card industry is growing at a CAGR of 10.1%.