Ingenico Group increased 10 percentage points of market share to 27% in the U.S. in 2014, according to a CA-based newsletter. The U.S. is now Ingenico Group’s second largest market, where the Group now serves three times more SMBs than in January 2014, showing its ability to rapidly conquer new territories.
Singapore has launched China UnionPay’s (CUP) QuickPass acceptance at merchants for daily purchase, such as catering stores and supermarkets. It is the first time that UnionPay QuickPass service extends to the Southeast Asia market which is frequently visited by tourists.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Udi Mokady President and CEO of CyberArk.
Houston-based Cardtronics has renewed its ATM services agreement with Target. The latest agreement, a long-term renewal, extends a relationship between the two companies that was established in 2001.
MasterCard announced Google will be among the first digital partners to follow Samsung to participate in its Digital Enablement Express program, which the company launched this week with support from several leading banks.
Mobile payments got a huge kick this week with the introduction of a wide band transistor optimized for DC-2.7 GHz operation and built using proprietary 4th generation GaN on Silicon (GaN on Si) process.
Chase unveiled the Chase Freedom Mobile App for cardholders. The free app, available on both the on both the Apple App Store and Google Pla, allows cardholders the ability to redeem their cash back rewards and pay at the register at 30 merchants.
Samsung has joined the MasterCard’s Digital Enablement Express (DES) program as one of the program’s first partners. Express expedites the process of digitizing and tokenizing MasterCard accounts – giving issuers the immediate ability to participate in Samsung Pay and enabling Samsung to bring secure mobile payments to consumers more quickly, and at scale.
The number of mobile wallets using contactless technology is expected to reach 200 million by the end of 2016, representing growth of more than 100% from the end of 2014.
The online trading platform TradeEase was launched, as the first Chinese e-commerce platform for cross-border online trading specialized and customized for Russian market.
OH-based Open Cab announced the launch of a new app that enables users to book a cab worldwide without worrying about surge pricing or other inconveniences.
Acculynk has worked directly with the following regional debit networks including PULSE, Accel, Star, NYCE, Shazam and CU24 to launch a single Global True Debit gateway that enables dynamic least cost routing across these networks for e-Commerce transactions.