The Payment Alliance International (PAI) and CardFlight have inked a deal for EMV mobile POS (mPOS). PAI will offer CardFlight’s EMV mPOS acceptance solutions to its market partner distribution network and merchant customers nationwide.
NC-based Medfusion released a new patient payment and revenue management solution. Medfusion Pay is a suite of four key products that enable healthcare practices and organizations to collect copays and balance payments at seven different points in the patient encounter journey.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Luis Molina Achécar, President of Banco BHD León
Viewpoint Construction Software and Comdata, now offer tighter product integration between Vista, Viewpoint’s leading construction Enterprise Resource Planning (ERP) system and Comdata’s Virtual Payment MasterCard solution providing customers a more secure and effective electronic process for paying vendors.
Synchrony Financial has inked a new, multi-year agreement to offer private label credit card and small business financing programs for customers of Newegg.com and NeweggBusiness.com.
Atlanta-based Horizon Software has unveiled their cloud-based Point of Sale (POS) and School Meal Program Accountability software, Solana. This new program simplifies the complex tasks required of today’s school nutrition staff to stay in compliance with Federal & State regulations, while offering responsive service to today’s students.
Chicago-based Lyons Consulting Group (LYONSCG) has become a systems integration partner of Riskified, a venture-backed eCommerce fraud prevention solution provider. Riskified enables online merchants to accept credit card transactions they would otherwise decline, as it covers all approved orders with a 100% chargeback guarantee in case of fraud.
American consumers continue in the healthy buying mode after ratcheting up revolving credit by $39.1 billion or 5.7% year-on-year (YOY) in May. Total revolving credit for March preliminarily posted $901.0 billion, compared to a revised $899.4 billion for the prior month and $860.9 billion for the prior year.
Payment card profits for the top four networks will likely rise nearly 4% for the second quarter predicts forecaster RAM Research. Visa, MasterCard, American Express and Discover reported a combined 1Q/15 profit of $4090 million, compared to $3975 million for 1Q/14.
China’s UnionPay International and Germany’s CAISSA Touristic have teamed to conduct all-round cooperation in overseas travel of Chinese tourists, including incentives to overseas card use and naming tourism groups of popular travel routes.
While payment cards and travel are going through a revolution, new research shows 93% of travelers said that despite digital advances in the travel industry, the value of personal service cannot be replaced.
Giesecke & Devrient (G&D) has been certified “Visa Ready” by Visa for Host Card Emulation (HCE) cloud based payment services. With the Visa Ready status, Visa ensures that technology and service providers develop and deploy products and services that are compatible with Visa’s requirements. G&D’s data center in Canada has received Visa Ready certification as a provider for cloud based payment services.