In 2013, the Egyptian payment cards transactions were estimated at USD 23.5 billion, representing a CAGR of 9.07% from 2009. The average transaction value in Egypt in 2013 amounted to USD 97.7, the lowest if compared with other Arab countries.
KS-based Retail Success has acquired NE-based Boutique Window, an online marketing and social media management platform. Retail Success will add Boutique Window to its existing set of retail tools that include POSIM a point of sale, inventory management and eCommerce solution and sister company, National Merchant Alliance, a provider of electronic payment technology and services.
London-based Worldpay is heading to Atlanta. The Company will occupy130,000 square feet over six floors in Atlanta’s Midtown business district. Worldpay received a $1.5 million City of Atlanta Economic Opportunity grant to help fund the relocation of its U.S. headquarters.