More than three quarters of shoppers say they will be spending more or the same amount on Small Business Saturday as they did in 2013. About 77% say Small Business Saturday makes them want to shop small all year long.
Purchase Dollar Volume in Canada for Visa and MasterCards rose 2.2% on a U.S. dollar basis in the third quarter (Q3/14). On a local currency basis, Visa’s (VS) reported a 6.5% year-on-year (Y/Y) increase in PDV, while MasterCard also posted a 6.6% Y/Y gain.
Sweden-based SEQR, by Seamless, is continuing its march into the U.S. market with the signing of a three-year agreement to partner with The Secure Gateway. SEQR is Sweden’s and Europe’s most used mobile payment solution in stores and online.
Square introduced gift cards to its Register service, empowering sellers to run an integrated gift cards program from their point of sale. Businesses can now offer, redeem, and track gift cards within their Square Register.
FL-based TouchSuite has launched the first mobile application for users of its Firefly point of sale solution. The Android-based application allows business owners and their staff to manage primary operations and execute customer transactions from anywhere.
Discover has become the first and only credit card company to offer cardholders no forfeitures, no threshold and no expiration date when redeeming Cashback Bonus rewards. Discover cardholders can now redeem their Cashback Bonus for any amount, regardless of whether their bonus balance is 10 cents, $10 or $100.
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the Chase Sapphire Preferred – “Sundance” TV video.
CardWeb.com’s CardExecs database today features Jeff Coppolo is the Senior Vice President, Business Development for BlueSnap.
Four out of ten of small business owners are planning for an uptick in business performance this holiday season compared with last year. In addition, 61% say increased consumer demand will drive better business performance during the holidays compared to just 31% in 2013.
James E. Nevels has joined the First Data Board of Directors. He is the Chairman of The Swarthmore Group, an investment advisory firm, as well as Chairman of The Hershey Company Board of Directors.
PA-based JetPay has ankled Pierre (Pete) J. DuPré as Chief Information Officer of the Company. DuPré brings to JetPay a 30 year career in IT, software engineering and product development.
The Federal Trade Commission has shutdown MyCreditHealth and ScoreSense, through at least 50 websites, including FreeScore360.com, FreeScoreOnline.com and ScoreSense.com. The three companies have agreed to pay $22 million for consumer refunds under a settlement with the FTC and the state attorneys general in Illinois and Ohio.