Germany’s Wincor Nixdorf reports fiscal year net sales totaled €2,427 million, down 2% on the prior-year figure. Talks of a merger with U.S.-based Diebold also continue on track.
Gemalto posted revenue at €769 million, up +23% at historical exchange rates and +13% at constant exchange rates. Platforms & Services revenue soared +74% at constant exchange rates and +13% pro forma.
Vancouver-based Bit-X Financial’s Digital Asset Exchange, DIGATRADE, has enabled instant Bitcoin buying with US Dollars (USD), British Pounds (GBP), Euros (EUR) and Canadian Dollars (CAD).
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.
UK-based Worldpay is now valued at US$9.2 billion and Ingenico rumored is seriously considering gobbling up the payments firm. Worldpay is owned buyout firms Advent International Corp. and Bain Capital.
Sweden-base mobile payments firm iZettle has raised 60 million euros ($67.79 million) as it expands beyond its core card reader business to launch a financing service giving clients access to capital through advances on future card sales.
Gemalto reported second quarter total revenue soared 35.3% to €813 million, compared to €813 million in the prior quarter and €601 million in the year ago quarter. For the first six months of the year, revenue growth in Payment jumped 22%, Machine-to-Machine increased 23%, and Government Programs rose 17%, at constant exchange rates, largely exceeds lower SIM products and related services revenue.
Yapital and A&O HOTELS and HOSTELS have teamed to enable fast and easy payment by smartphone at 21 A&Os in Germany. Guests simply need to open the free Yapital app on their smartphones, scan the QR code displayed on the card terminal and confirm the amount.
Worldpay reports Britain’s bookies have kicked off this year’s Barclays Premier League with a bang. Following a quiet two months , the opening weekend of the new season provided a timely reminder of how much love the nation and punters have for the ‘best football league in the world’.
Wincor Nixdorf reported a significant decline in operating profit as a result of the restructuring program. Profit for the first nine months of the fiscal year stood at €25 million (€61 million), which represents a decline of 59%.
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.
France-based Oberthur Technologies (OT) reports its selection by QUI! Group in Italy to provide MasterCard smart payment cards to dematerialize luncheon vouchers.