WebJoint Payment Platform Blossoms to a Full Blown Cannabis Management Tool

CA-based PyroTree’s WebJoint platform, the only cannabis compliance software that includes a front-end e-commerce website builder/management tool offers the tools to help cannabis business owners comply with California’s Medical Cannabis Regulation and Safety Act (Act), which goes into effect early next year. In addition, WebJoint will be launching new cultivation software to California growers in the second…

Details

USAT Cashless Vending Hits Pay Dirt with NC/SC Pepsi Deal

USA Technologies signed agreements with several Pepsi Cola bottling franchisees throughout North and South Carolina to leverage USAT’s cashless payment technologies within their existing inventory of vending machines. The company has 11,900 customers and over 469,000 point of sale cashless payment devices on the ePort Connect platform. In total, six Pepsi-licensed bottlers, operating under the…

Details

UnionPay Card is Jordan’s First Multi-Currency Chip Payment Card

China’s UnionPay has inked an agreement with International Cards Company (ICC) in issuing the first UnionPay card in Jordan, where all the ATMs and POS terminals have accepted UnionPay cards. The deal offers Jordanian residents and enterprises new payment options while supporting the communication and exchanges between China and Jordan as well as other Asian…

Details

PayPal Continues to Rock ’n Roll as Q4 PTX & TPV Top 20% YOY

PayPal continues to gain market share as total payment volume (TPV) soared 22% year-on-year (YOY) in the fourth quarter (4Q/16). However, the transaction margin declined 340 basis points (bps) in the quarter, compared to 4Q/15, according to CardData. During 2016, PayPal added 18 million active accounts, reflecting double digit YOY growth. Transaction revenues for 4Q/16…

Details

Sales Made on Smartphones Up 65% YOY as Retailers Embrace 2017 mRevolution

A new study shows 2016 direct online sales totaled an estimated 11.6% of total U.S. retail sales of $394 billion, but digital touchpoints actually impacted an estimated 49% of total U.S. retail sales. According to The State of Retailing Online 2017: Key Metrics, Business Objectives and Mobile by the National Retail Federation’s Shop.org division and…

Details