Visa and MasterCard X-Border Volume Continues to Soften

Visa and MasterCard X-Border Volume Continues to Soften

Cross-border transaction volume for Visa and MasterCard continued to slide in the fourth quarter (4Q/15). Visa’s cross-border currency adjusted (FX) gross dollar volume (GDV) increased 4.0% YOY, while MasterCard rose 12.3% YOY for FX GDV in the fourth quarter. Cross-border volume refers to payments and cash volume where the issuing country is different from the…

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Azimo Accelerates Scandinavia’s Cashless Society

Azimo Accelerates Scandinavia’s Cashless Society

London-based digital money transfer specialist, Azimo, has launched services in Denmark and Sweden, increasing the countries it serves to 22. Through a strategic partnership with European online payments service provider Trustly, hard-working migrants can now send Danish Krone (DKK) and Swedish Krona (SEK) from their mobile or desktops to family and friends in over 190…

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MASTERCARD; BARLOW; UNIONPAY; and NAB.

In Other News: MASTERCARD (Renner); BARLOW (awards); UNIONPAY (UAE); and NAB (Womply). MASTERCARD – Renner, Brazil’s largest department store, launched its digital wallet in partnership with MasterCard, making the online payment experience easier and more convenient. Renner customers can now link credit and debit cards, loyalty programs and advance payment options through the MasterPass wallet…

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First JCB Prepaid Card Co-badged with girocard Launched

First JCB Prepaid Card Co-badged with girocard Launched

JCB, PayCenter and petaFuel have launched the first JCB-girocard co-badged card in Germany. The product named “CardDuo” is a prepaid card which combines the functionalities of JCB alongside girocard (payment scheme operated by the German Banking Industry Committee). By operating with both JCB and girocard applications, cardmembers can access JCB’s Merchant and ATM network in…

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Enter Verifone Carbon the Future of Experiential POS

Enter Verifone Carbon the Future of Experiential POS

Verifone unveils a sleek, flexible and integrated POS leveraging powerful capabilities and applications to transform the checkout process into a special experience merchants and consumers. Verifone Carbon is the result of Verifone’s commitment to transforming the POS, where we are connecting merchants to new differentiating opportunities and consumers to intuitive, enjoyable experiences. Verifone Carbon offers…

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