Visa and MasterCard U.S. debit card gross dollar volume (GDV) is expected to hit $645 billion for the third quarter says RAM Research.
Visa and MasterCard U.S. debit card GDV rose 6.2% year-on-year (YOY) in the second quarter, according to CardData.
MasterCard’s (MC) Asia Pacific – Middle East – Africa (APMEA) region Q2/15 FX-adjusted Purchase Dollar Volume (PDV) is expected to dip to 14.6% for the third quarter, according to RAM Research. MC’s APMEA region Q2/15 FX-adjusted PDV rose year-on-year (YOY) by 15.4% in the second quarter, according to CardData.Details
Visa’s (VS) Central Europe – Middle East – Africa (CEMEA) region Gross Dollar Volume (GDV) FX-adjusted is expected to rebound in the third quarter with year-on-year (YOY) gain of 9.9%, according to RAM Research.
VS CEMEA GDV hit the brakes in the second quarter with a YOY gain of 7.1%, compared to 12.4% in the prior quarter and 12.8% in the year ago quarter, according to CardData.
MA-based Cumberland Farms, a gasoline and convenience retailer, reports its brand has sold $1 billion in gas through its SmartPay program since its launch in January 2013. Over the last 12 months, transaction volume has more than doubled and continues to grow rapidly, making SmartPay Check-Link the most popular method of payment at the pump.Details
Kantar Retail, WPP’s global retail and shopper specialists, has teamed with Content Analytics, an eCommerce analytics and optimization firm. The Content Analytics platform provides proactive content editing tools and real-time insights to brand, supply chain and eCommerce managers to drive their online business.Details
NCR’s GA-based Digital Insight has added the automated account switching solution ClickSWITCH, a turnkey solution that simplifies the switch of recurring payments and deposits for a financial institution’s new and existing account holders, to its product suite.Details
Digital Retail Apps, developer of the Shop In-Store, Pay In-App SelfPay technology, has inked deal to showcase SelfPay’s “skip-the-checkout-line” mobile self-checkout solution at the Visa Innovation Center at One Market in San Francisco.Details
MasterCard has launched a unique six-month partnership program for startups including Asia Pacific, Middle East, Africa and Latin America, as well as in Canada. Start Path Global builds on Start Path’s efforts over the past 18 months having provided a variety of operational support, partnership, or investment for over 40 startups developing the next generation of commerce solutions, including Nymi, ZenCard, BillHop and Gone.Details
U.S. Bank’s Elavon reports it will be the provider-of-choice for EMV, Point-to-Point Encryption (P2PE) and tokenization technology for athenahealth, a provider of cloud-based services and mobile applications for medical groups and health systems.Details