Mobeewave Empowers Global Payments’ Canadian Clients

Mobeewave Empowers Global Payments’ Canadian Clients

Montreal-based Mobeewave and Global Payments inked an agreement to offer Global Payments’ Canadian clients an innovative new mobile payment acceptance solution. The solution is designed to enable secure, in-person payment transactions, made with any contactless credit card or mobile wallet (e.g. Apple Pay, Samsung Pay, Android Pay), directly on an NFC-enabled mobile device, without the…

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UnionPay International and Dubai Tourism Ink a Major Deal

UnionPay International and Dubai Tourism Ink a Major Deal

UnionPay International and Dubai Tourism has announced their partnership in Shanghai, agreeing to jointly enhance the payment convenience in Dubai for UnionPay cardholders through resource sharing and advantage complementing. With this cooperation, the two sides jointly launch a marketing campaign for UnionPay cards (card number starting with 62) at over one hundred merchants in Dubai.…

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Special Breaking News Mentions January 20, 2016

CardFlash.com Breaking News: WU (milestone); PINNACLE (investment); EMAZZANTI (PCI); and FIDO (milestone). WU – The Western Union Company announced its account payout network, a global capability that enables cross-border money transfers to be directed to bank accounts – has reached a new milestone, now connecting consumers to over one billion bank accounts. PINNACLE -Pinnacle Financial…

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BofA Grapples With 4Q/15 Credit Card Portfolio Stagnation

BofA Grapples With 4Q/15 Credit Card Portfolio Stagnation

The nation’s second largest Visa and MasterCard issuer continues to struggle with sluggish outstandings and purchase dollar volume (PDV) growth, plus credit card quality is inching north. BofA (EOP) U.S. bank credit card outstandings declined 2.5% year-on-year (YOY) to $89.6 billion for the fourth quarter (4Q/15). Meanwhile, Purchase Dollar Volume (PDV) for BofA’s U.S. bank…

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MasterCard Installments Option Set for Summer Launch

MasterCard Installments Option Set for Summer Launch

MasterCard Installments is gearing-up in Europe enabling cardholders to split transactions across equal monthly installments using their existing debit, credit or commercial card at the time of purchase. MasterCard says this makes high-value purchases, such as a new TV or car repairs, more attainable and manageable for consumers. MasterCard Installments can help businesses, issuers and…

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KDC500 – Smallest PCI Certified EMV/MSR Payment Companion

NJ-based KOAMTAC has teamed with e-Nabler, developer of the mobile POS software eMobilePOS. Through this partnership, merchants will be able to deploy turn-key tablet and handheld based POS solutions that comply with EMV payment requirements. KOAMTAC KDC Bluetooth barcode scanners and mobile POS companions are the world’s most compact yet durable and dependable data collectors…

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