Bitcoin Gains Traction as Cannabis Dispensaries Demand a Payment Solution

Bitcoin had gained 157% year-to-date and dominated the cryptocurrency market with $43 billion market cap. Another digital currency, Ethereum, also skyrocketed this year. The price of Ethereum hit a new record high of $250 a coin on Sunday, with an increase of more than 2800% this year. Ethereum is now the second-most popular cryptocurrency. According…

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V+MA 1Q/17 International CIF Up 7.7% YOY Driven by MA +9.9% YOY

International payment cards-in-force (CIF) for Visa and MasterCard, excluding Visa Europe, increased 7.7% year-on-year (YOY) in the first quarter (1Q/17). International debit card CIF rose 15.7% YOY, while international credit card CIF increased 33.6% YOY, according to CardData. The figures are skewed as Visa began reporting Europe data in the third quarter. With Visa Europe…

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Rambus & Google Buddy to Power Interac on Android Pay in Canada

Interac Debit on Android Pay in Canada is coming thanks to a partnership between Rambus, Google and Interac Association / Acxsys, the organizations behind Canada’s leading payment brand, Interac. Through the Interac Token Service Provider (TSP), which was developed in collaboration with Rambus, Interac debit cardholders can make secure mobile debit payments, now using Android…

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China UnionPay Expands its QuickPass via Apple Pay in Hong Kong

UnionPay is now offering its debit card cardholders of Bank of China (Hong Kong) and Standard Chartered Bank (Hong Kong) the ability to use Apple Pay. Eligible users can make purchases with Apple Pay at more than 10 million POS terminals supporting mobile QuickPass across Mainland China, Hong Kong, Taiwan, Singapore, Australia, etc. UnionPay brought…

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MONKEY Offers Seamless Native In-App Ordering & Payments

LevelUp and MonkeyMedia Software are co-developing a seamless bi-directional interface between MONKEY, a cloud-based software platform to support takeout, delivery and catering service channels, and LevelUp’s mobile loyalty and payment solution. The new interface will allow LevelUp customers’ mobile loyalty and payment accounts to be connected with their corresponding MONKEY ordering accounts. As part of…

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