Among merchants in the retail category, 69% of Shoe Stores and 59% of Department Stores have EMV-ready terminals. On the lower end of the spectrum, 23% of Stationery Stores and 24% of Book Stores have EMV-ready terminals.
According to a new survey, less than a third of business owners reported improved financial positions over the past year, down four points since March. Growth expectations also fell, with only 38% expecting improved financial position in the next six months, down from 47% in March.
London-based CEX.IO is providing the best experience of buying Bitcoins with credit cards and debit cards. This is based on the exchange’s ideal conditions for quick and successful processing of card payments, the wide range of acceptable payment cards, and numerous positive feedbacks from users.
Vietnam Export Import Bank (Eximbank), low-cost air carrier Jetstar Pacific (Jetstar) and JCB have officially launched the Jetstar – Eximbank JCB co-branded card.
PayForward has launched the Visa Link Card – the first card of its kind allowing users to earn instant cash from PayForward merchant partners while still receiving rewards from their current providers. This new feature aims to strengthen PayForward’s convenience and effectiveness by allowing members to use assets already in their wallets.
Sophitech, one of Latin America’s leading point of sale (POS) software providers has teamed with international commerce specialist Powa Technologies.
Citi Retail Services and Wawa will launch a private label consumer credit card program for Wawa customers tomorrow. Wawa owns and operates more than 700 convenience stores (over 450 offering gasoline) in five Mid-Atlantic states and Florida.
TouchSuite has ankled payments veteran Richard Parrott as Executive Vice President focusing on the diversification of the company. This is a new position for TouchSuite.
MI-based Stratos is adding EMV chips to its Bluetooth Connected Card Platform. The EMV chip will support a specific card issuers’ credit or debit card.
VSoft and Payveris, are expanding an existing strategic partnership to integrate Payveris’ payment solutions into VSoft’s new IRIS Omni-Channel platform.
UnionPay cards have been accepted by more than 90% of ATMs and 80% of merchants in America. In addition, quite a few ATMs have Chinese interfaces for easy operation, and many merchants provide special offers for UnionPay cardholders.
In today’s CardFlash News Que: WEX (GraspPAY); FIRST SERVICE CU (Choice Rewards); FIRST ATLANTIC COMMERCE (Magnerto) and COGNIA (IVR).