Germany-based Wirecard unveiled boon, a new payment solution for Android smartphones operating in four European countries. The app is now available via the Google Play Store in Germany, the Netherlands, Austria and Belgium with more to come.
U.S. desktop retail e-commerce spending rose 9% year-on-year for Thanksgiving Day and up 10% for Black Friday. The data show Thanksgiving has established itself as one of the more important online buying days.
Seamless and Dwolla have teamed to enable money transfers between private individuals, also known as peer-to-peer, across the US via the digital payment solution SEQR. Additionally, Webhallen has upgraded their online shop with SEQR’s Instant Checkout service.
Kenya’s Victoria Commercial Bank is launching a MasterCard World Rewards Credit card. The new card will give cardholders access to the Priceless Cities and Priceless Africa programs.
CardFlash News Briefs: CITIBANK (UAE); JCB (ticket); AJB (EMV); and ALLIED WALLET (promo).
Austin-based Perk.com has inked a deal to acquire Corona Labs, an established platform for mobile app development.
The Laos national bankcard payment system is up and running, one month ahead of schedule. The one-year project was handled by China UnionPay, China Development Bank and Bank of Lao P.D.R.
BlueSnap has launched a next-generation global payment gateway that makes mobile checkout frictionless for consumers and integration to the platform simple for online merchants.
A new study shows online sales may top $105 billion this holiday season, but merchants are missing out on making nearly $38 billion more due to the frictions that remain from discovery through checkout.
UK-based EZPayment has officially launched PayMoney, a credit card payment processing app. The
new app is exclusively available via the Google Play store for Android devices.
CardFlash News Briefs: NCR (Silver); UNIONPAY (promotion); BRAINTREE (JotForm); and MPC (fees).
The 30+ day delinquency rate (not seasonally adjusted) for the top 100 U.S. banks increased 16 basis points (bps) sequentially, but down 7 bps from one-year ago. Among the nation’s top four card issuers, delinquency edged up by 15 bps from the prior quarter, but dropped year-on-year (YOY) by eight bps.