Novel applications and value-added services such as management platforms are expected to restore the average revenue per line (ARPL) in the Brazilian machine-to-machine (M2M) market. Revenue growth had slowed down during a period of intense competition and aggressive pricing, but the emergence of new applications requiring ubiquitous connectivity and higher value 3G/4G services are giving…
Brazilian banks face the challenge of competing with companies that are different from their traditional and sometimes rigid business models. To reinforce their footprints on the space, some banks have acquired or created partnership, incorporating local commercial banks that have moved to digital banking and online payments in recent years. Brazil’s large banks will have…
Tokyo-based Sumitomo Mitsui Trust Club is now the exclusive issuer and acquirer of Diners Club cards in Japan for Discover Financial Services’ Diners Club International.
Gross dollar volume (GDV) for licensees of Discover-owned Diners Club International declined 3.0% year-on-year (YOY) in the third quarter of 2015 to $6.56 billion.
Visa Checkout in Brazil is real. The first merchant to offer Visa Checkout is Futebolcard, the Brazilian service which allows soccer fans to purchase tickets for games in 12 different stadiums.
South Africa’s Bidvest Bank has luanched a multi-currency world currency card, powered by MasterCard. The new card is a prepaid travel payment card that features the ability to load up to 17 currencies onto a single card at any time.
Johannesburg-based Bidvest Bank has unveiled the MasterCard Multi-Currency World Currency Card. The prepaid travel card that allows cardholders to load up to 17 currencies on the same card at any time.
Elo, the largest Brazilian credit card brand, has inked a del with Discover to allow acceptance of Elo Global Cards for international purchases and cash access outside of Brazil on the Discover Global Network, which includes Discover Network, Diners Club International and the PULSE network.
Europe’s Wincor Nixdorf is gearing up for more expansive Software business in Brazil. At the same time, it plans to work in cooperation with Perto in the Hardware sector. On the basis of an agreement recently concluded between both parties, the Brazilian company will take on the task of final production of Wincor Nixdorf systems for customers in Brazil.