London-based Powa Technologies has inked a 10-year strategic alliance with China UnionPay to create a ubiquitous new standard in mobile commerce for CUP’s 1.3 billion credit and debit card users.
Verifone has added another gizmo to its mobile point-of-sale (mPOS) portfolio. The new Verifone e265 offers independent and micro merchants the flexibility to accept all major payment types and integrate with smart devices for value-added commerce capabilities.
Globally, Alternative Payment Methods (APMs) inched past card payments for the first time ever with 51% of market share.
It is also likely eWallets will overtake credit cards in the global eCommerce market by 2019.
The first US-issued bitcoin debit card has been unveiled. The Shift Card is a VISA debit card currently allowing Coinbase users in twenty-four states in the U.S. to spend bitcoin online and offline worldwide.
The 20th annual SESAMES Awards, which rewards the best innovations in the fields of secure payment solutions, identification and mobility. During this year’s CARTES SECURE CONNEXIONS event, 11 winners have been awarded.
Visa’s CyberSource has unveiled Decision Manager Replay, the industry’s first fraud tuning analytics tool which allows merchants to quickly analyze and adjust their online fraud management strategies.
Beijing-based Alibaba Group disclosed its omni-channel retailing plans for the 2015 11.11 Global Shopping Festival. This year, more than 1,000 retail brands, with 180,000 stores in 330 cities across China, will participate in this year’s 11.11 Global Shopping Festival. In Beijing alone, more than 8,000 stores will join the 11.11 festival.
PA-based FreedomPay’s Commerce Platform has been approved as a payment gateway for EMV on First Data. FreedomPay’s EMV certification combined with P2PE enables merchants to adopt advanced payment security at the point of sale.
Synchrony Financial has inked PayPal to a long-term extension of its relationship for a credit card program including the co-branded Dual Card MasterCard credit program for consumers in the United States and Puerto Rico.
Tamarac, FL-based 3dcart has unveiled its new iPad compatible point-of-sale (POS) system. Benefits of the 3dcart POS app include the utilization of the latest cloud-based technology, saving merchants valuable time and energy with automatic, secure order and product synchronization.
In today’s CardFlash News Que: CYBERSOURCE (LINE); EVED (EvedPay); CHILI’S (mPay); and CUP (spending).
MN-based Digital River has inked a payments agreement with one-stop travel service provider Ctrip. One of China’s leading travel agents, Ctrip is using the Digital River World Payments solution to process credit cards, including Visa, Mastercard and UnionPay on its Singapore site.