Mobile Operators Could Fully Exploit m-Commerce

Mobile Operators Could Fully Exploit m-Commerce

A new report projects mobile operators could be handling US$142 billion in m-commerce revenue by 2020 if the barriers currently facing carrier-driven payments are overcome. The report, which was independently conducted by Ovum Research on behalf of DOCOMO Digital, claims if operators, vendors and regulators don’t work together to clear these barriers, carrier-driven payments as…

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Visa’s U.S. PDV Growth Hits a Three-Year High

Visa’s U.S. PDV Growth Hits a Three-Year High

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Visa’s U.S. payment card (credit+debit) purchase dollar volume (PDV), for the first quarter (1Q/16), logged its highest year-on-year (YOY) gain since mid-year 2013. However, there was slight erosion in the average purchase transaction YOY. Even though the big Visa issuers struggle with stagnant growth in accounts (GAC) and cards-in-force (CIF), Visa…

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Back Office Fraud Plagues Small Biz; Need Anti-Fraud

Back Office Fraud Plagues Small Biz; Need Anti-Fraud

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] An annual study has found small businesses were fraud victims and had an average of $12,139 stolen in back office fraud in 2015. Javelin’s “2016 Small Business Fraud Report: Small Businesses are Big Targets for Fraudsters” reports finds small businesses are slow to adopt anti-fraud tools, indicating either the tools are…

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MasterCard’s U.S. PDV Growth Hits a Four-Year High

MasterCard’s U.S. PDV Growth Hits a Four-Year High

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] MasterCard’s U.S. payment card (credit+debit) purchase dollar volume (PDV), for the first quarter (1Q/16), logged its highest year-on-year (YOY) gain in exactly four years (1Q/12). However, there was noticeable erosion in the average purchase transaction YOY. Even though the big MasterCard issuers struggle with stagnant growth in accounts (GAC) and cards-in-force…

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Fortumo Direct Carrier Billing Adds African Countries

Fortumo Direct Carrier Billing Adds African Countries

San Francisco-based Fortumo has launched direct carrier billing in three new African markets. More than 52 million people in Cote d’Ivoire, Ethiopia and Senegal can now make seamless digital payments and get the purchases charged to their mobile phone bill. App stores, digital merchants and game developers using Fortumo can now significantly increase their online…

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Apple & Google Could Disrupt Visa, MasterCard & PayPal

Apple & Google Could Disrupt Visa, MasterCard & PayPal

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Saranga Sudarshan, Research Analyst, ICT Practice, Frost & Sullivan Australia & New Zealand says decentralization of the payments network will allow Fintechs to offer convenient and competitively priced payment solutions.  Sudarshan says new EFTPOS and online charging solutions will permit more credit card payments to merchants at a reduced cost of…

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