Purchase dollar volume (PDV) for Visa, MasterCard, American Express and Discover cards (credit + debit) in the U.S. climbed 7.6% year-on-year (YOY) in Q2/15 reaching a record $1205 billion, according to CardData. RAM Research now predicts annual U.S. credit card PDV will top $4.1 trillion by 2019 and U.S. credit card PDV will approach $2.7 trillion.
About three dozen new merchants, ranging from Best Buy and Under Armour to Barnes & Noble and Taco Bell in the US, have signed on to offer Visa Checkout. New merchants from Australia, Canada and Columbia have jumped on the rapidly expanding bandwagon.
UPT an affiliate of Aktif Bank, the largest investment bank of Turkey, has become the first financial institution to receive the Payment Services Directive license in Turkey.
PT Bank Rakyat Indonesia (BRI) has inked a new partnership for card payment business with JCB. This new deal partnership starts from the acceptance of JCB cards at BRI’s acceptance locations, as well as payment card issuing with JCB brand.
MobileCrypt announced the immediate availability of “MobileCrypt for Good,” which brings government certified hardware-level security to the Good Dynamics Secure Mobility Platform.
CTIA-The Wireless Association announces finalists in its three awards programs”Hot for the Holidays, Emerging Technology (E-Tech) and The MobITs. CTIA will showcase entrants’ products and services and announce the winners Thursday, September 10 at CTIA Super Mobility 2015.
Wirecard reported revenues increased in the first half of 2015 by 26.5% to EUR 340.1 million. In the second quarter of 2015, consolidated revenues increased by 26.7% to EUR 180.7 million. Transaction volumes processed through the Wirecard platform rose in comparison to the first half of 2014 by 30.3 percent to EUR 20.2 billion.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Campbell Kan, Vice President of Operations and Asia Sales for NEXT Biometrics.
The MaRS Discovery District has formed a new strategic partnership with Interac and Acxsys, the organizations behind Interac, Canada’s leading payment brand.
CardWeb.com’s CardData database of Company Profiles today features Integrity Payment Systems.
CardWeb.com’s CardPixes database of more than 7,000 images today features the Barnes & Noble MasterCard.
Industrial and Commercial Bank of China Zhongshan Branch (“ICBC Zongshan”) will expand its use of NCR APTRA OptiCash software to cover its entire network of 600 ATMs. ICBC Zhongshan commenced the pilot for NCR APTRA OptiCash service platform in January 2015.