The FOMC’s stunning decision today not to raise rates will be very confusing to card issuers and the stock market. However, credit card issuers are preparing for the certain rate adjustments by year’s end.
Stratos and its Bluetooth Connected Card Platform announced Eastern Bank will be piloting Stratos’s new partner program that includes bank issuer, merchant & loyalty issuer, promotional and distribution opportunities.
Worldpay and Zuora have inked to launch an integrated global payments solution which will enable businesses to offer smarter online subscription models for everything from digital software to music, movies, marketplaces, news, video games, sports, social and TV.
Rêv Worldwide, Scandinavian Airlines, the largest airline in Scandinavia, and Catella Bank, have partnered to intro the multi-currency Travel Cash wallet.
SBI Card, MasterCard and Collinson announced that the LoungeKey™ airport lounge program, which offers access to lounges at over 500 airports in over 100 countries, will be added as a new feature for the SBI Platinum Card and SBI World Card from October 1st.
First Data launching Android Pay collaborator supporting the new service for in-store transactions. First Data will provide processing solutions for Android Pay that ensure a safe, secure transaction at the point of sale, enabling payment with a single, contactless tap.
WePay has introduced ACH bank transfers as another payment type that platforms can offer their customers. The launch means platforms can now allow US users the ability to accept simple yet highly secure ACH bank transfers in addition to credit card payments.
Doxo announced the National Grid has made available to its customers the doxo application to enhance the company’s customer engagement and experience by offering a paperless account and billing option. Through doxo, National Grid’s electricity and gas customers, across New York, Massachusetts, and Rhode Island, can now receive their bills and other account documents, organize account information, and make payments directly from their free doxo account.
MN-based Digital River has inked a payments agreement with one-stop travel service provider Ctrip. One of China’s leading travel agents, Ctrip is using the Digital River World Payments solution to process credit cards, including Visa, Mastercard and UnionPay on its Singapore site.
Ueshima Coffee, part of the UCC Group has inked Boku, the global leader in mobile payments using carrier billing. This is a first of its kind partnership that allows customers to top up their Ueshima Coffee cards using their mobile phone in order to purchase coffee, food, and other products in any Ueshima coffee shop.
Electronic Commerce International (ECI), a registered provider of reliable Visa and MasterCard credit card processing for businesses completed a seamless and secure connection with Xero: Accounting Software & Online Bookkeeping. The integration of ECI with Xero has been fully tested and is ready for use by new and existing ECI merchants.
In today’s CardFlash News Que: AMEX (unstaged); SIMPLYCREDIT (funding); IPATIENTCARE (NUCON); and MASTERCARD (COMO).