In today’s CardFlash News Que: Entersekt (CNP); Reportbuyer (XaaS); Nexonia (Microsoft Dynamics); and pcipolicyportal.com (PCI Toolkit).
On a non-currency adjusted basis, Purchase Dollar Volume (PDV) in the Latin America Caribbean (LAC) region for Visa and MasterCard payment cards rose 1.8% Year-on-Year (YOY) in Q4. However, on an adjusted currency basis Visa was up 15.2% YOY and MasterCard grew 22.2% YOY in Q4/14 in the LAC region.
Visa and MasterCard credit, debit and prepaid cards around the world will likely top 3.9 billion or up 4.5% in the first quarter according to forecaster RAM Research. Visa will end the quarter with about 2411 million and MasterCard with 1488 million cards-in-force (CIF).
The global business-to-consumer (B2C) e-commerce and online payment market will begin to slow this year, nonetheless B2C e-commerce worldwide is expected to top a trillion euros by 2018. Asia-Pacific region is forecasted to be the fastest growing B2C E-Commerce market worldwide.
The CFPB’s Arbitration Study, released this week, found nearly 75% of consumers surveyed were unaware whether the contracts they signed included an arbitration clause. Of the consumers surveyed, fewer than 7% actually understood that an arbitration clause would preclude them from suing the company.
Tokyo-based JCB is opening the JCB Plaza Kyoto customer service center for visitors to Japan on April 1st. The new JCB Plaza Kyoto offers JCB services to support travelers such as sightseeing information, restaurant and hotel reservations, free internet browsing and daily baggage check.