Milan-based Jiffy, the service developed by SIA to send and receive money in real time via Smartphone, has surpassed 300,000 registered users. The average value of a single transaction is €44 and around 50% of the transfers are for sums under €25. Jiffy, the P2P payments service by SIA, has surpassed 300,000 registered users More…
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.
Payoneer has been selected by Amazon to expand cross-border payment options to sellers from 24 countries who sell on marketplaces in the U.S., Spain, France, Italy, Germany and U.K.
Merchants continue to fail in delivering a seamless and localized ecommerce experience to shoppers outside their own country- a dangerous choice when 20% of all online shoppers currently come from foreign IP addresses, which is estimated to become 45% of all online shoppers by 2020.
Amazon has inked Payoneer to expand cross-border payment options to sellers from 24 countries who sell on marketplaces in the U.S., Spain, France, Italy, Germany and the UK.
Worldline and Equens are getting married. Equens is a prominent European payment services provider, headquartered in Utrecht, Netherlands, with €305 million 2015 revenue. Equens Worldline Company will become the largest pan-European financial processor, targeting 2016 revenue of € 700 million and OMDA of € 120 million, managing approximatively 100 million payment cards and employing 3,000 experts in payment.
In today’s CardFlash News Que: VISA (Movember); American Express (Presido); SYNCHRONY (DoD); and REPORTLINKER (Europe).
Until now, SEQR customers have been able to use their phones to make payments in stores where SEQR have an integration to the merchants’ cash register. SEQR customers will be able to shop with SEQR in any store that has NFC enabled card terminals, whether or not a merchant has a direct agreement with SEQR.
ME-based WEX has entered into a definitive agreement to acquire Electronic Funds Source for $1.1 billion in cash and 4.0 million shares of common stock to be issued to investment funds affiliated with Warburg Pincus, EFS’ current owner. The acquisition is expected to be immediately accretive to adjusted net income.
Amazon Webstore owners can seamlessly migrate their online store to Shopify. As Amazon’s preferred migration partner, we’ve worked closely with the Webstore team to make moving to Shopify simple.
Mobilio Protection now offers independent wireless retailers the convenience of a low price prepaid protection plan covering new, refurbished and pre-owned devices distributed via the epay WebPOS distribution portal.