CardFlash News Briefs: WESTERN UNION (websites); AVIDIA (Apple Pay); THE BANCORP (execs); and BERG INSIGHT (report).
Los Angeles-based provider of online payment processing and multi-currency merchant services, Allied Wallet, has integrated its e-commerce payment solution with Jigoshop’s WordPress e-commerce plugin.
Austin, TX-based perk.com has inked an asset purchase agreement with Viggle, a mobile and web-based entertainment marketing platform.
Samsung wqnts to usher in the new year. Samsung Pay users will have the chance to be treated to an exclusive, special performance and private New Year’s Eve party featuring the platinum-selling recording artist, Usher, in Los Angeles.
HomeSend, the international payment and money transfer hub, has launched live remittance services for Johannesburg-based Hello Paisa, a South African money transfer operator.
A pilot program to provide credit cards to “credit invisible” consumers who have been shut out from certain banking services because of their nonexistent or insufficient credit history with the traditional reporting agencies is now available.
International gross transactions (GTX) for Visa and MasterCard credit and debit cards grew by 11.3% year-on-year (YOY) in the third quarter (3Q/15). International GTX for credit cards increased 8.4% YOY while international GTX for debit cards soared 20.3% YOY in 3Q/15.
International payment cards-in-force (CIF) for Visa and MasterCard increased 6.7% year-on-year (YOY) in the third quarter (3Q/15). International debit card CIF rose 10.4% YOY, while international credit card CIF increased 3.8% YOY.
Profits (after tax) among the nation’s top four bank credit card issuers declined 0.6% in the third quarter (3Q/15), compared to one year ago (YOY) and soared 9.9% sequentially (QOQ).
U.S. Gross Dollar Volume (GDV) among the big six U.S. bank card issuers, rose an estimated 6.8% year-on-year (YOY) and 0.6% sequentially in the third quarter.