Gross dollar volume (GDV) for licensees of Discover-owned Diners Club International is projected to rise 1.6% year-on-year (YOY) in the first quarter. Forecaster RAM Research expects Diners Q1 GDV to come in at $6.6 billion.
The Silk Road Economic Belt and the 21st Century Maritime Silk Road initiatives, also known as “One Belt, One Road,” aims to create Eurasian marketplace. In China this week, MasterCard’s CEO says the Chinese initiative can be a success, not only regionally, but also globally.
The world’s biggest taxi solution for consumers and businesses, currently available in more than 30 countries across four continents is running a prefer Visa campaign. Easy Taxi says Singapore has seen the second highest daily number of cashless transactions via Visa, just behind Brazil, where Easy Taxi is operational in almost 100 cities.
Bitnet and CardinalCommerce are teaming to make immediately available the ability for merchants to accept online payments using bitcoin. One Connection to Cardinal’s patented platform allows merchants to accept payments from dozens of digital wallets and alternative payment brands.
Montreal-based DebitWay is making the way for medicinal marijuana payments with a partnership with medpotnow.com. The Canadian alternative payment service provider (PSP) has partnered with numerous electronic “high risk” merchants over the years, from a diverse number of industry types.