Chevron and Visa are launching a mobile payments program at more than 20 Chevron-branded stations, accepting any NFC (near-field communications) payment service.
PAX Technology announced PAX’s BroadPOS secure payment solution has been certified by First Data to accept EMV transactions using First Data’s Rapid Connect platform.
EVO Payments International (EVO) will provide full support for contactless payments made through mobile wallet providers Apple Pay, Android Pay, and Samsung Pay.
In today’s CardFlash News Que: AMERICAN EXPRESS (Unstaged); AFFINITY FCU (Kindness); OBERTHUR (EMV); and EUROPE (P2P).
The average yield among the nations’s top six bank credit card issuers is expected to trickle upwards to 11.67% for the third quarter says RAM Research. The gang of six posted an average yield of 11.16% for the second quarter, according to CardData.
Visa and MasterCard U.S. debit card gross dollar volume (GDV) is expected to hit $645 billion for the third quarter says RAM Research.
Visa and MasterCard U.S. debit card GDV rose 6.2% year-on-year (YOY) in the second quarter, according to CardData.
MasterCard’s (MC) Asia Pacific – Middle East – Africa (APMEA) region Q2/15 FX-adjusted Purchase Dollar Volume (PDV) is expected to dip to 14.6% for the third quarter, according to RAM Research. MC’s APMEA region Q2/15 FX-adjusted PDV rose year-on-year (YOY) by 15.4% in the second quarter, according to CardData.
Visa’s (VS) Central Europe – Middle East – Africa (CEMEA) region Gross Dollar Volume (GDV) FX-adjusted is expected to rebound in the third quarter with year-on-year (YOY) gain of 9.9%, according to RAM Research.
VS CEMEA GDV hit the brakes in the second quarter with a YOY gain of 7.1%, compared to 12.4% in the prior quarter and 12.8% in the year ago quarter, according to CardData.
A new survey shows the average fee for using an out-of-network ATM rose four percent over the past year to a record $4.52 per transaction.The average overdraft fee also set a new record ($33.07) and is up nine percent since 2010.
MA-based Cumberland Farms, a gasoline and convenience retailer, reports its brand has sold $1 billion in gas through its SmartPay program since its launch in January 2013. Over the last 12 months, transaction volume has more than doubled and continues to grow rapidly, making SmartPay Check-Link the most popular method of payment at the pump.
Kantar Retail, WPP’s global retail and shopper specialists, has teamed with Content Analytics, an eCommerce analytics and optimization firm. The Content Analytics platform provides proactive content editing tools and real-time insights to brand, supply chain and eCommerce managers to drive their online business.
NCR’s GA-based Digital Insight has added the automated account switching solution ClickSWITCH, a turnkey solution that simplifies the switch of recurring payments and deposits for a financial institution’s new and existing account holders, to its product suite.