Global E-Commerce to Grow Double-Digits YOY by 2020

New research reveals alternative payment methods are set to replace card payments by 2020. Worldpay’s latest global overview of online payment habits, the Global Payments Report, predicts the global e-commerce market will grow 10.4% by 2020. The report, which compiled data from 30 countries, suggests China, the U.S. and the U.K. will continue leading the…

280K Australian POS Terminals Now Accept UnionPay QuickPass

China UnionPay cards are now accepted in Australia by about 30,000 ATMs and over 600,000 POS terminals, covering 90% of the ATMs and about 70% of the local merchants, and more than half of these merchants accept UnionPay mobile QuickPass. The local UnionPay payment service system for students study abroad is improving continuously. Since July,…

POS Installment Financing Now in the UK Following Romanian Pilot

Mastercard has inked a partnership with Verifone to roll out a new installment pay application at retailers across the UK. With a significant footprint of payment terminals at major retailers, Verifone will help Mastercard roll out the solution for UK cardholders. Mastercard Installments has been developed to bring a fresh payment option to the marketplace.…

Ingenico Link/2500 M-POS Aimed at Small Merchants’ Payment Needs

Ingenico has launched its new Link/2500 mobile point-of-sale device designed to address small merchants’ payment needs in mobility. Available in two versions, companion or standalone, the Link/2500 was designed to address small merchants’ payment needs in mobility. The Link/2500 enables estate owners to offer their clients (micro and small merchants) a new generation mobile solution…

Lending Tree Grows a President to Accelerate Branching Out

NC-based LendingTree has juggled two top executives. Neil Salvage, previously the company’s Chief Revenue Officer, has been promoted to the newly-created role of President, managing the day-to-day business operations. Nikul Patel, previously LendingTree’s Chief Operating Officer, will now be the company’s Chief Product and Strategy Officer, where he will lead product innovation, consumer experience and…