Danish mobile payment app Swipp and Verifone Europe have inked an agreement to integrate Swipp as an accepted payment method for more than 30,000 Danish merchants using Verifone devices.
On a non-currency adjusted basis, Purchase Dollar Volume (PDV) in Canada for Visa and MasterCard payment cards declined 7.6% Year-on-Year (YOY) in 3Q/15. On an adjusted currency basis (FX) Visa was up 5.2% YOY and MasterCard soared by 19.2% YOY in 3Q/15.
U.S. cards-in-force (CIF) for Visa and MasterCard credit cards increased 5.4% year-on-year (YOY) while CIF for debit cards rose 7.3% YOY, in the third quarter, according to CardData. Visa is leading U.S. credit card CIF in YOY growth, while MasterCard leads U.S. debit cards CIF YOY gains in 3Q/15.
The retail industry suffers from pervasive web application weaknesses from legacy software systems which are soft targets for attackers once inside a company’s network. Also, the most sophisticated point-of-sale malware ever seen to date is now lurking in retailers systems waiting to launch.
For Pakistan to harness the full potential of digital commerce, strong collaboration is required among mobile operators, financial and payments companies and governmental agencies. By 2020, 3G coverage is expected to reach 90% of the country’s population.
edo Interactive and Visa Europe are doing the tango to launch card-linked marketing offers in Poland. Visa Oferty (“Visa Offers”), will enable 20 million Visa debit and credit cardholders to enroll their Visa cards in order to access cashback rewards from merchants.