U.S. Gross Dollar Volume (GDV) among the top four bank card issuers, rose an estimated 8.8% year-on-year (YOY) and 1.2% sequentially in the third quarter.
Cash transactions (CTX) for Visa and MasterCard credit and debit cards in the U.S. grew by 0.3% year-on-year (Y/Y) in the third quarter.
Jordan’s International Cards Company (ICC) has inked a deal to issue UnionPay cards next year. This is the first UnionPay card in Jordan.
Visa and MasterCard international card gross dollar volume (GDV) for the third quarter (3Q/15) posted $1819 billion, compared to $1948 billion one-year ago. However, the nominal year-on-year (YOY) change is meaningless.
Samsung Pay now supports 50 popular merchant gift cards as well as a gift card store that enables users to buy gift cards from supported merchants for themselves, friends and family directly within the Samsung Pay app starting today.
The Merchant Advisory Group (MAG) has reached the 100 merchants milestone this week. The trade association was formed seven years ago.
Minneapolis-based Digital River has signed a strategic alliance agreement with Japan’s NIPPON SYSTEMWARE (NSW), an e-commerce solutions providers.
San Francisco-based Boku has expanded its agreement with Microsoft, bringing Boku direct carrier billing to the new Windows Store for the first time.
Total U.S. credit cards-in-force (CIF) in the third quarter (3Q/15) for Visa, MasterCard, American Express and Discover was up 6.0% year-on-year (YOY). At the end of 3Q/15, there were 635 million U.S. credit CIF compared to 599 million for 3Q/14.
The inaugural MasterCard Masters of Code global hackathon competition has concluded in San Francisco with the winning team from Malaysia.
Irish consumer spending continued to increase at a sharp pace during November as household expenditure rose +7.9% year-on-year (YOY). This represents the sharpest seen in the 15-month series history.
A new survey shows the number of Canadians who have purchased and/or received gift cards in the last year, has grown from 68% five years ago to 87%. More than half of respondents who purchased a gift card in the past year bought four or more cards.