CardFlash News Briefs: PANGEA (D2D); PAYSWAG (Cloud); SEAMLESS (JYSK); and PERK (ZTE).
PANGEA – Chicago-based Pangea has introduced a new debit-to-debit transfer product that lets users send money through a mobile app using only debit card numbers, not bank account details. This is the simplest, fastest and cheapest way to make international transfers, and it will be available initially for U.S. to Mexico transfers. Consumers can now download the app (Pangea Money Transfer) and complete a transfer in less than 60 seconds for a fixed fee of $3.95.
PAYSWAG – NV-based PaySwag and Cloud Lending Solutions have teamed to create more comprehensive lending solutions through the integration of PaySwag’s white-label mobile payment platform into Cloud Lending’s lending platform. With PaySwag’s innovation and technology, the Cloud Lending platform is extended to offer lenders an attractive new channel for payment flexibility. Cloud Lending’s clientele can now utilize a payment platform robust enough to provide mobile access to viewing, refinancing and the payment of loans via either card, ACH or cash, along with PaySwag’s distinctive features of education, gamification and rewards.
SEAMLESS – Sweden-based Seamless with its digital payment solution SEQR has extended its co-operation with JYSK, making it possible to shop with SEQR in the 69 JYSK stores in Finland. The 134 Swedish JYSK stores have offered SEQR payments since September 2015. SEQR is estimated to become available for the Finnish JYSK customers as of February 2016. Founded in 2001 and active in 35 countries, Seamless handles more than 3.7 billion transactions annuallythrough 575,000 active sales outlets.
PERK – Austin TX-based Perk.com has integrated the Perk Appsaholic SDK into the ZTE Rewards app to provide a more robust platform for users to engage with and earn real world rewards through completing simple daily activities. The ZTE Rewards app, which will come preloaded on ZTE’s Axon phone series in the US, will incorporate seven Perk apps that will provide users multiple ways to earn Perk points and redeem those to obtain rewards such as gift cards, merchandise, and thousands of other possible prizes.