In Other News: BEVRAGE (rebates); VIRTUAL PIGGY (P2P); VANTIV (PaymentsEdge); EXPENSEANYWHERE (app). BEVRAGE – bevRAGE announced the formal unveiling of its mobile application that delivers instant cash back rebates to consumers purchasing beer, wine and liquor. The new app, which is live today in Apple’s App Store and Google Play, is designed to provide savings…
CardFlash News Briefs: CITIBANK (UAE); JCB (ticket); AJB (EMV); and ALLIED WALLET (promo).
Samsung Pay had added eight more credit and debit card issuers and now supports eligible Chase Visa credit, debit and Liquid cards.
Just four weeks after its launch in the U.S., Samsung Pay is proving its biggest advantage is broad acceptance enabled by Samsung’s MST (Magnetic Secure Transmission) in combination with NFC. Blackhawk Network has teamed with Samsung Pay to enable the integration of gift cards into the Samsung Pay mobile payment solution.
Shift4 is delivering EMV functionality to Independent Software Vendors (ISVs) and connecting them to numerous U.S. processors. EMV capability for ISVs through Shift4 comes in advance of the October U.S. EMV liability shift, and saves ISVs significant time and money in pursuing their own direct certifications with processors.
UK-based Worldpay is now valued at US$9.2 billion and Ingenico rumored is seriously considering gobbling up the payments firm. Worldpay is owned buyout firms Advent International Corp. and Bain Capital.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Pamela Patsley Executive Chairman & Chief Executive Officer of MoneyGram.
CardWeb.com’s CardData database of Company Profiles today features Saylent.
Global Payments (GPN) is rolling out the OptBlue program for American Express Card acceptance in Canada this week. OptBlue offers small business merchants a single source for payment processing, pricing, underwriting, risk management, settlement, reporting, support and a consolidated statement.
The migration to EMV chip cards may not be completed until sometime in 2018. A new survey of the big card issuers finds 98% of their credit and debit cards will contain EMV chips by the end of 2017.
The Payments Security Task Force is joining hands with the PCI Security Standards Council and the EMV Migration Forum to launch an EMV program to streamline the testing and certification process for Value Added Resellers (VARs) and Independent Software Vendors (ISVs).
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Donald Boeding, Merchant Services President of Vantiv.