JCB is bringing its customers Apple Pay when it launches in October, an easy, fast and secure way to make mobile payments that is private and convenient with iPhone 7, iPhone 7 Plus , Apple Watch Series 2 throughout their day, including in stores, within apps and on the web. Since its establishment in 1961,…
e-Commerce is exploding in countries such as China, India, Japan and South Korea. The Asia-Pacific region is set to become the leading region for e-Commerce globally. By 2018, this region is expected to generate sales of US$1,892 billion regionally and US$3,015 globally. Countries such as Malaysia and Philippines are witnessing the strongest growth while China…
UnionPay International says its credit cards would now be accepted at all FamilyMart stores in Japan. Now, all the three major chain convenience stores in Japan, namely Lawson, 7-ELEVEn and FamilyMart, accept UnionPay cards and allow for easy PIN-free payment which is widely adopted at local convenience stores. According to data released, nearly 5 million…
American Express (AXP) international gross dollar volume (GDV) for the third quarter (3Q/15) rose 5.0% year-on-year (YOY) on a currency adjusted basis (FX). The gain was primarily driven by the Japan, Asia Pacific & Australia (JAPA) region which soared 14.0% YOY.
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.
Purchase dollar volume (PDV) for Visa, MasterCard, American Express and Discover cards (credit + debit) globally rose 2.5% year-on-year (YOY) on a nominal dollars basis. However, on a currency adjusted basis (FX) global PDV for the third quarter increased 11.4% YOY.
Gross dollar volume (GDV) for Visa, MasterCard, American Express and Discover cards (credit + debit) globally fell 1% year-on-year on a nominal dollars basis. However, on a currency adjusted basis (FX) global GDV for the third quarter increased 10.7% YOY.
CardFlash News Briefs: CITIBANK (UAE); JCB (ticket); AJB (EMV); and ALLIED WALLET (promo).
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.
After a haircut in its IPO earlier this week, to $9.00 per share, Square’s first day of trading yesterday soared more than 60%, closing at $13.07. It was expected to price in the $11 to $13 range but there has been growing skepticism among institutional investors in regard to tech unicorns.
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.
Bank of China has unveiled its first US-themed Great Wall Global Pass travel mate credit card for mainland China. Bank of China had issued Hong Kong-Macau-Taipei-themed, South Korea-themed, Japan-themed and Southeast Asia-themed Great Wall Global Pass travel mate credit cards.