CUP Card Benefits

China UnionPay (CUP) transaction volume continues to explode racking up a stunning estimated 56% increase in 2014, following a solid gain of 48% in 2013. This month UnionPay International, the international business arm of China UnionPay announced special privileges for UnionPay cardholders at 20 global tourist cities and 10 resort islands, providing its customers with discounts of up to 15%.

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Gemalto NFC

Gemalto has teamed up with Chunghwa Telecom, the largest operator in Taiwan with 10 million subscribers, to secure their mobile NFC services . This commercial launch, supported by MasterCard and four leading Taiwanese banks, uses Gemalto’s UpTeq Multi-tenant NFC SIM and embedded software to host mobile payment and Mifare transit purse on a single card.

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Revel POS

San Francisco-based Revel Systems has secured a $1.2 million grant from Invest Northern Ireland to open a UK sales and operations center in Belfast. The Revel platform includes complete front-end order entry, POS system and payment processing, back-end personnel scheduling, time clock and payroll, inventory management, comprehensive product/menu management and advanced reporting to successfully measure and optimize business performance. 

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