Apple Pay is making everyday payments even better by adding support for rewards programs and store-issued credit and debit cards with iOS 9. Apple Pay will also give shoppers more ways to pay in the US, expanding merchant acceptance to over one million locations next month and bringing support for Discover this fall.
Apple unveiled iOS 9 making devices more intelligent and proactive with powerful search and improved Siri features. New multitasking features designed specifically for iPad allow you to work with two apps simultaneously, side-by-side or with the new Picture-in-Picture feature, to keep watching a video while browsing the web, composing email or using any other app.
TSYS and FICO released a new report titled “Engaging Customers: Why Should Financial Institutions Move Toward a ‘Bring Your Own Persona’ Approach.”
New exponential smoothing analysis shows purchase transactions for U.S. Visa and MasterCard debit cards will slow to 7.5% in the second quarter, compared to 7.7% in the first quarter.CardData and RAM Research says U.S. credit card purchase transactions are quickly ramping up this quarter.
MasterCard (MC) U.S. credit card dollar volume (PDV) will rise 7.7% year-on-year (YOY) in Q2, driven by solid gains in U.S. debit cards. MasterCard is outpacing Visa in all payment products not domestically, but internationally as well, says CardData and RAM Research.
Columbus-based Card Services business, a premier provider of branded private label, co-brand, and commercial credit programs, has signed a new multi-year agreement to provide private label credit card services for Cornerstone, a business unit of HSN.
Verifone reported net revenues for the quarter ended April 30th were $490 million, compared to $466 million a year ago, a 5% increase. the Company says more certified solutions and offerings is beginning to yield benefits.
Coupa Software announced a strategic alliance with MasterCard. The partnership, which has been formed through MasterCard’s Commercial Products and Enterprise Partnerships teams, aims to develop a set of services that further enhance the payment experience of Coupa’s more than 500 customers.
Commerce Bank has come together to offer Rewards credit card programs with more than ten organizations across the country. A regional bank with dual headquarters in St. Louis and Kansas City, Commerce continues to expand its co-brand credit card portfolio at a national level and establishing relationships in new markets.
SmartBiz is now the exclusive platform for SBA-guaranteed loans for Sam’s Club Business Lending Center, a convenient digital platform for small businesses that eases access to the capital they need with member-exclusive savings of up to 20% on loan fees.
Visa and Williams-Sonoma announced that Visa Checkout, the online check out service that Visa launched less than a year ago, is now live online at Williams-Sonoma, America’s leader in high-quality cookware and tools, electrics and entertaining essentials. With Visa Checkout, Williams-Sonoma customers now have a fast, easy and secure way to pay online.
The worldwide wearable device market recorded its eighth consecutive quarter of steady growth in the first quarter of 2015 (1Q15). According to the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker, vendors shipped a total of 11.4 million wearables in 1Q15, a 200.0% increase from the 3.8 million wearables shipped in 1Q14.