CardWeb.com’s CardPixes database of more than 7,000 images today features the BMO CashBack World Elite MasterCard.
CardWeb.com’s CardConferences today features EMERGE 2015, June 10-12, 2015 at the Hilton Austin, Texas.
Today, there are a total of 37 mobile money services in Latin America, accounting for roughly 14.9 million registered mobile money accounts, in 19 countries1 in the region. This includes seven new services launched in Brazil, Colombia, the Dominican Republic, Ecuador, Panama and Peru since 2014.
MTS and SaskTel provincial telecommunications companies can now pay with their phone. TD is the first financial institution to offer this service to MTS and SaskTel customers.
In today’s CardFlash News Que: USAePAY (@Pay); CREDIT SESAME (funding); VELCRO PAY (merchants); JAWBONE (president).
U.S. credit card outstandings end-of-period (EOP) among the Big 6 issuers rose by a mere 2.3% year-on-year (YOY) in the first quarter to $451.3 billion. Capital One (+8.5%) and American Express (+7.3%) YOY led the pack, while Citibank (-4.9%) and BofA (-0.5%) cleaned up the rear, according to CardData.
PA-based USA Technologies posted total revenue of $15.4 million, a year-over-year (YOY) increase of 47%. For 2015, management expects total revenue to be above $53.0 million, due to the positive impact of QuickStart on equipment revenue.
UnionPay International and Ethiopian Airlines inked a deal to enable payment by UnionPay cards for buying tickets online. UnionPay cardholders not only can enjoy 5% off currently for booking air tickets on the airline company’s website but also can receive extra mileage of 1,000 km from today to May 20, 2015.
JCB and Middle East and Africa electronic payments processor, Emerging Markets Payments (EMP) inked a deal for JCB card acceptance at more than 15,000 locations in Jordan, including all of the company’s point of sale (POS) terminals in the country.
SayPay Technologies has teamed with VoiceVault to deliver transformational online and mobile payment solutions. SayPay offers a single, seamless solution for bill payments, online checkout, and website sign-in.
NJ-based CompoSecure, combining science and art for laser engravable ID cards and luxury metal cards, is getting financial backing. LLR Partners is ponying up for sales and marketing expansion as well as continued product development.
Atlanta-based small business loans purveyor Kabbage has teamed with MasterCard to offer businesses the ability to pay for items at the point of sale (POS) with a purchasing card. Kabbage offers up to $100,000 in funding for a 1% to 12% payback over the first two months, 1% thereafter.