China continues to lead the march to online and cross-border shopping habits. This year’s findings support the growth trend: 35% of online shoppers claim to have shopped cross-border in 2015, vs. 26% in 2014. China’s overall online shopping population saw modest growth (81% of online adults report having shopped online in the last 12 months in 2015, vs. 80 % in 2014)
An online shopping market place enabling purchases all kinds of merchandise offered domestically in Japan has been launched. Remambo offers a choice of millions of products.
ME-based fuel card kingpin, WEX, reported Q3/15 revenue rose 2% to $226.1 million. However, on a non-GAAP basis, the Company’s adjusted net income for the quarter decreased 25% to $49.9 million.
Berkshire Hathaway Travel Protection (BHTP) and MasterCard have teamed with Skift’s Global Travel Forum to drastically cut the time it takes to pay travel-insurance claims.
In today’s CardFlash News Que: SYNCHRONY (Sleepy’s); TSYS (Tangerine); DH (Ripple); and USAT (Canteen).
The Retail Industry Leaders Association (RILA) says when it comes to the EMV migration banks and credit unions are not meeting the retail investment with the same commitment to consumer protection.
The Debit Network Alliance (DNA) ” comprised of 10 leading U.S. debit networks ” announced it is ready to deploy the DNA Shared Debit AID.
China’s UnionPay International and Germany’s CAISSA Touristic have teamed to conduct all-round cooperation in overseas travel of Chinese tourists, including incentives to overseas card use and naming tourism groups of popular travel routes.
CardWeb.com’s CardData Reports today features the
Middle Market Power Index: Taking the Global Stage from American Express and Dun & Bradstreet.
DB Card Services in the Netherlands has issued the 1.3 millionth Card Issued by Prepaid Financial Services. The DB Card is a Euro Prepaid MasterCard launched in 2013 by PFS and DB Cardservice, an innovative payment provider and distributor based in Netherlands.
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.
IndusInd Bank Limited has teamed with Worldpay to offer domestic acquiring services in India. Worldpay already offers local acquiring across 45 countries and by having a partnership in India, the company will be able to acquire Indian merchants domestically.