Wirecard and Travelex have teamed to launch a new MasterCard card and app combination for UK travelers to avoid overseas debit and credit card roaming fees and charges when spending abroad. Last year, Travelex introduced Supercard on a pilot basis to help solve traveler spending woes. After a successful pilot, Supercard is now offering the…
NY-based ShopKeep, the cloud-based technology and business management solution for more than 20,000 small businesses, has ankled Michael DeSimone as the company’s new Chief Operating Officer.
The first Bitcoin book delving into cryptocurrency law in four jurisdictions: the United States, the United Kingdom, Canada and Germany has been released.
China UnionPay (CUP) is on a path to dwarf all other global payment systems combined and on a trajectory to cross the US$10 trillion in annual transaction value milestone in mid-2016 and may reach US$18 trillion by end-of-year (EOY) 2019. CUP racked up US$6.5 trillion in transaction value last year, according to CardData. Forecaster RAM Research’s CAGR Corner computes CUP compound annual growth rate (CAGR) at 23.44% .
Since its founding in 2002, the China UnionPay (CUP) network has emerged as a force to be reckoned with globally. Over the past five years the annual transaction value has soared by 2.5 times and last year grew more than 27% year-on-year (YOY), according to CardData.
Travelex and Austin, TX-based Rev Worldwide have unveiled the launch of The Travelex NiHao Card, a reloadable prepaid travel card in association with UnionPay International. The Nihao Card launch in Hong Kong marks the first Rev processed UnionPay card.
Wincor Nixdorf and Travelex will provide payment processing services for its ATMs for at least another seven years, whereby Wincor Nixdorf will continue to provide payment processing for ATMs across much of Europe. Travelex’s existing ATMs in Asia Pacific and North America will migrate onto Wincor Nixdorf’s global platform allowing it to simplify its business. The companies started their relations in 2010 and have also agreed to promote Direct Currency Conversion (DCC) services, a platform that allows ATM users to use the exchange rate offered by Travelex to have the transaction converted into their home currency at the time of cash withdrawal.
Wincor Nixdorf and Travelex will provide payment processing services for its ATMs for at least another seven years, whereby Wincor Nixdorf will continue to provide payment processing for ATMs across much of Europe. Travelex’s existing ATMs in Asia Pacific and North America will migrate onto Wincor Nixdorf’s global platform allowing it to simplify its business. The companies started their relations in 2010 and have also agreed to promote Direct Currency Conversion (DCC) services, a platform that allows ATM users to use the exchange rate offered by Travelex to have the transaction converted into their home currency at the time of cash withdrawal.
Wincor Nixdorf and Travelex will provide payment processing services for its ATMs for at least another seven years, whereby Wincor Nixdorf will continue to provide payment processing for ATMs across much of Europe. Travelex’s existing ATMs in Asia Pacific and North America will migrate onto Wincor Nixdorf’s global platform allowing it to simplify its business. The companies started their relations in 2010 and have also agreed to promote Direct Currency Conversion (DCC) services, a platform that allows ATM users to use the exchange rate offered by Travelex to have the transaction converted into their home currency at the time of cash withdrawal.
Wincor Nixdorf and Travelex will provide payment processing services for its ATMs for at least another seven years, whereby Wincor Nixdorf will continue to provide payment processing for ATMs across much of Europe. Travelex’s existing ATMs in Asia Pacific and North America will migrate onto Wincor Nixdorf’s global platform allowing it to simplify its business. The companies started their relations in 2010 and have also agreed to promote Direct Currency Conversion (DCC) services, a platform that allows ATM users to use the exchange rate offered by Travelex to have the transaction converted into their home currency at the time of cash withdrawal.
MasterCard Multi-currency Cash Passport card enters Japan. Issued by Travelex Japan the card can be preloaded with Japanese Yen, US Dollars, Euro, British Pounds, Australian Dollars, New Zealand Dollars and Canadian Dollars.
Consumers in Brazil have more options when they send and receive money transfers thanks to an agreement with MoneyGram and São Paulo, Brazil-based Confidence Câmbio. Customers can now use MoneyGram services at 69 Confidence Câmbio stores across the country. Confidence Câmbio is a well-known company with a presence in many of the largest cities in Brazil. It is part of Confidence Group which also owns the first foreign exchange bank in this country. Group Confidence is part of Travelex – the largest foreign exchange group in the world.