Travelers staying at COMO Hotels and Resorts’ 13 luxury properties across Asia, Australia, Europe and the Caribbean can make a lasting difference to local communities simply by using a MasterCard card to settle their bills.
In today’s CardFlash News Que: AMEX (unstaged); SIMPLYCREDIT (funding); IPATIENTCARE (NUCON); and MASTERCARD (COMO).
Myanmar Apex Bank has teamed with MasterCard to develop the local payments infrastructure with the launch of new prepaid card. MasterCard has launched prepaid cards together with Co-operative Bank Ltd, Kanbawza Bank, Ayeyarwady Bank, and Myanmar Citizen Bank with 2C2P, the last of which was also Myanmar’s first smartphone-enabled prepaid card.
The stoogey European Commission (EU) is giving MasterCard a lot of grief alleging its rules prevent banks from offering lower interchange fees to retailers based in another Member State of the European Economic Area (EEA), where interchange fees may be higher.
The artwork of high school students Traeveon Reese and Martha Estrada will soon appear in the wallets of thousands of debit cardholders in north Texas. The aspiring artists’ designs are being featured on the new Spirit Debit Reward cards, offered by Texas Trust Credit Union.
Overall customer satisfaction grew by 0.4% in the third quarter in the UK. Customer satisfaction with credit cards is up 3% to 79, highest among financial services.
While posting conservative growth in the number of payment cards and transaction volume over the past five years, Austria presents substantial growth opportunities for the cards and payments industry.
Contactless is going 3D, not with technology but with art. Visa Europe crafted an immersive 3D art installation at Waterloo station to mark the occasion which will be unveiled on September 16.
Mobile coupon users are expected to surge over the next five years driven by increased retailer engagement with the various mobile channels. A new report the number of users will exceed one billion by 2019.
DebitWay.ca has reintroduced its long standing online payment option; Electronic Funds Transfer (EFT) to merchants. EFT is not a novel payment solution, nor is it new to the DebitWay family. DebitWay continues to be one of the leading Payment Service Providers in the world, as well as a Certified Payment Provider of INTERAC® Online Payment (IOP) solution in Canada.
NCR will demonstrate how the right technology “fit” can help any restaurant – be it a large chain or a small coffee shop – operate more efficiently, manage more profitably and drive consumer engagement at the National Restaurant Association (NRA) Show 2014. With NCR’s POS systems and operational solutions, ease-of-use is infused in every step of the transaction – from the guest reservation and table management and mobile ordering solutions – to accurate and timely order placement with the kitchen production system, all the way to tableside ordering and quick merchant processing. When operators want a more detailed look, they can run reports for sales and labor data, helping to increase visibility into a business and reduce costs. Gift card and loyalty programs help operators stay connected to customers even after they leave the restaurant. NCR’s consumer feedback tool allows guests the opportunity to provide meaningful feedback and provides insight into the profit impact of a guest.
Inside Secure announces at Cartes America the launch of a white-label Android application for Host Card Emulation (HCE) based payments.The new MatrixHCE product enables mobile payment application providers to accelerate time to market by using the pre-validated HCE payment functionality. It includes the highest level of software security to defend against any attacks in the hostile mobile environment. Introduced on Android 4.4 (KitKat), Host Card Emulation (HCE) allows for contactless payments (and other services including loyalty programs, building access and transit passes) to be made directly between the consumers’ bank mobile application and the retailers point-of-sale, using NFC technology. It allows sensitive data used to facilitate transactions to be stored on, and accessed from, cloud servers rather than a mobile device and without the use of a hardware secure element.