NJ-based Heartland Payment Systems has acquired foodservice industry enterprise-level POS (point of sale) software provider, XPIENT Solutions. XPIENT provides advanced technology to 11 of the top 25 quick service and fast casual restaurant brands, including Taco Bell, Jack in the Box, Panera Bread, and Panda Express.
Watchdata Technologies launched its first smart wearable device Sharkey. Sharkey is a smart wearable device supporting NFC payment which, after being connected with android or iOS phone’s mobile terminal via Bluetooth, can be used for contactless payment.
A new survey finds the average penalty rate has declined to 28.45 % from a 28.60% average APR in 2012. Among card issuers charging a penalty rate, the lowest, 17.99%, is assessed by Pentagon Federal Credit Union’s Cash Rewards Visa Standard card. The highest penalty rate, 30.24%, is imposed by the NFL Extra Points card from Barclays.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the Visa – “Dan Jansen Olympics” TV ad . “To view to ad click here”:http://cardflash.com/images/customers/cardwatch/ [/ihc-hide-content]
Visa gained more U.S. market share in the third quarter than the other three networks, capturing 58.1% of the Gross Dollar Volume (GDV), compared to 57.9% one-year ago. The growth came at the expense of MasterCard who declined from 26.4% in Q3/13 to 26.1% in Q3/14.