In Other News: BLUEFIN (DSP); 3DCART (Vantiv); SYNCHRONY (Suzuki); and SHOPIFY (1Q).
BLUEFIN -Bluefin Payment Systems will provide the Visa Data Secure Platform (DSP) through their Decryption as a Service P2PE Solution.
3DCART -Shopping cart software provider 3dcart has partnered with Vantiv, a provider of payment processing services and related technology solutions for merchants and financial institutions of all sizes, to bring flexible eCommerce payment processing choices to more than 20,000 active online stores.
SYNCHRONY – Synchrony Financial inked a multi-year renewal of its program to provide consumer financing for Suzuki Motor of America powersports products.
SHOPIFY – Shopify reported total 1Q/16 revenue of $72.7 million, a 95% increase from the first quarter of 2015. Within this, Subscription Solutions revenue grew 73% to $38.7 million, driven primarily by an increase in the number of merchants using our platform; and Merchant Solutions revenue grew 127% to $34.0 million, primarily driven by an increase in revenue from Shopify Payments.