MA-based Cumberland Farms, a gasoline and convenience retailer, reports its brand has sold $1 billion in gas through its SmartPay program since its launch in January 2013. Over the last 12 months, transaction volume has more than doubled and continues to grow rapidly, making SmartPay Check-Link the most popular method of payment at the pump.
Kantar Retail, WPP’s global retail and shopper specialists, has teamed with Content Analytics, an eCommerce analytics and optimization firm. The Content Analytics platform provides proactive content editing tools and real-time insights to brand, supply chain and eCommerce managers to drive their online business.
NCR’s GA-based Digital Insight has added the automated account switching solution ClickSWITCH, a turnkey solution that simplifies the switch of recurring payments and deposits for a financial institution’s new and existing account holders, to its product suite.
Digital Retail Apps, developer of the Shop In-Store, Pay In-App SelfPay technology, has inked deal to showcase SelfPay’s “skip-the-checkout-line” mobile self-checkout solution at the Visa Innovation Center at One Market in San Francisco.
MasterCard has launched a unique six-month partnership program for startups including Asia Pacific, Middle East, Africa and Latin America, as well as in Canada. Start Path Global builds on Start Path’s efforts over the past 18 months having provided a variety of operational support, partnership, or investment for over 40 startups developing the next generation of commerce solutions, including Nymi, ZenCard, BillHop and Gone.
U.S. Bank’s Elavon reports it will be the provider-of-choice for EMV, Point-to-Point Encryption (P2PE) and tokenization technology for athenahealth, a provider of cloud-based services and mobile applications for medical groups and health systems.
The average yield among the nations’s top six bank credit card issuers is expected to trickle upwards to 11.67% for the third quarter says RAM Research. The gang of six posted an average yield of 11.16% for the second quarter, according to CardData.
Visa and MasterCard U.S. debit card gross dollar volume (GDV) is expected to hit $645 billion for the third quarter says RAM Research.
Visa and MasterCard U.S. debit card GDV rose 6.2% year-on-year (YOY) in the second quarter, according to CardData.
MasterCard’s (MC) Asia Pacific – Middle East – Africa (APMEA) region Q2/15 FX-adjusted Purchase Dollar Volume (PDV) is expected to dip to 14.6% for the third quarter, according to RAM Research. MC’s APMEA region Q2/15 FX-adjusted PDV rose year-on-year (YOY) by 15.4% in the second quarter, according to CardData.
Purchase dollar volume (PDV) for Visa, MasterCard, American Express and Discover cards (credit + debit) in the U.S. is growing 7.6% year-on-year (YOY) in Q2/15 reaching a record $1205 billion. It is expected PDV for Q3/15 will also hit a record $1301 billion, according to RAM Research.
Global purchase transactions (PTX) for Visa and MasterCard debit and credit cards, excluding Visa Europe, soared 12.6% year-on-year (YOY) in the second quarter (Q2/15) and 8.6% sequentially. It is expected the same growth rate will apply for the third quarter says RAM Research.
Tokyo-based JCB is has adopted the popular Japanese robot cat Doraemon character as its new branding strategy in the Vietnam market. JCB will use Doraemon as the brand image character for promotion and brand advertisement in Vietnam until October 1, 2017.