NCR Announces Cutting Edge Manufacturing Plant

NCR Corporation announced it will be moving to a new state-of-the-art manufacturing facility. The new facility, which is more than double the size of the company’s existing facility, is built over an 117,000 square-foot area, and is under a new single roof design structure that will allow NCR to improve operational efficiency. This facility is strategically located and is in close proximity to suppliers, customers as well as robust transportation like ports and airports that will help to improve operational efficiency and enable faster delivery of innovative products to the market. NCR will continue to manufacture financial solutions such as ATMs, while also expanding to manufacture innovative consumer transaction technologies for the retail and hospitality industries. The new facility is expected to participate in lean manufacturing practices and comply with NCR global standards related to Environmental, Health and Safety (EHS), and quality. In addition, the facility is expected to participate in IGBC (LEED) Silver certification for building sustainability and Tier 1 certification on Resilient IT Infrastructure.

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Ingenico Finances Startup Competition

Ingenico is sponsoring Seedstars World, a global competition designed to recognize and support innovative startups in emerging markets. Following the opening of its regional headquarters in Casablanca in May, this sponsorship demonstrates Ingenico Group’s continuing commitment to deepen its presence in Africa.Ingenico Group sponsored Seedstars World competitions in Casablanca (Morocco), Accra (Ghana), Lagos (Nigeria) and Nairobi (Kenya) between May and July. Winners of the Ingenico-sponsored events included creators of an e-learning platform in Morocco, a bitcoins-based payment system in Ghana.

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Optimal Payments Signs Up for Latest Sponsorship

Optimal Payments has become the official sponsor of Crystal Palace Football Club for the 2014-15 and 2015-16 seasons. Optimal Payments will use the platform to raise the global awareness of its award-winning NETELLER service and Net+® Card stored-value offering which will be displayed on the front of the team’s shirts from the start of the 2014/15 English Premier League season. NETELLER will be the First Premier League sponsor within the online payments space and will provide the brand the right synergy to achieve NETELLER’S marketing and commercial objectives quickly and cost effectively. Specifically, it will support customer and merchant objectives delivering rapid multi-market brand awareness, big brand credibility and driving sign up and conversion rates in NETELLER’s key growth markets – including Asia; Africa and the America’s.

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Zapp mPayment Reaches Next Round of Network Payment Partners

Zapp mobile payment announced it’s next round of network payment partners that are committing to support Zapp’s rollout into the market. Secure Trading, TrustPay Global and Checkout.com – some of the most innovative payment service providers – will all work to support Zapp and it’s innovative, low friction, secure and mobile enabled checkout.Getting more customers through the checkout process securely is crucial to retail success. Research has shown that there are billions of abandoned check outs in the UK and the payment landscape is becoming increasingly confusing. Zapp will allow people to make real-time payments from their mobile, unlocking the money in their current account in a much simpler and more secure way.

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Reintroduced EFT

DebitWay.ca has reintroduced its long standing online payment option; Electronic Funds Transfer (EFT) to merchants. EFT is not a novel payment solution, nor is it new to the DebitWay family. DebitWay continues to be one of the leading Payment Service Providers in the world, as well as a Certified Payment Provider of INTERAC® Online Payment (IOP) solution in Canada.

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Debit Breach Impact

A new study from Discover’s PULSE found that 84% of financial institutions reissued all exposed cards in response to the Target breach, compared to only 29% that typically reissue all exposed cards as a standard response to breaches. Overall, 14% of all debit cards were exposed in data breaches in 2013, compared to 5% in 2012. PULSE says 86% of financial institutions stated that they plan to begin issuing EMV debit cards in early 2015.

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Stripe Alipay

Stripe customers will soon be able add an Alipay option to their checkout. Stripe says it is building a universal platform for internet commerce; in order to enable China’s 1.3 billion people to buy from Stripe businesses, the company decided to add support for Alipay. With Stripe, Alipay users will simply enter their email address and a six-digit SMS code in Checkout. It works on either desktop or mobile. Stripe now processes billions of dollars a year for thousands of businesses

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Net Element Obtains $10 Million Credit

Net Element, Inc., a technology-driven group specializing in mobile payments and value-added transactional services in emerging countries and in the United States, is pleased to announce that the Company completed the closing of a $10 Million credit facility from the payments industry-leading lender, RBL Capital Group, LLC. This closing represents the second funding in the $30 million financing round that was announced by the Company on April 22, 2014.

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MC CANADA Q1

MasterCard’s (MC) Canada region Purchase Dollar Volume (PDV) rose year-on-year (Y/Y) by 9.0% on a local currency basis in the first quarter (Q1/14) to US$27 billion. The average purchase ticket in MC Canada region has declined 9.5% Y/Y. One-year ago it stood at US$88.82, compared to US$85.11 in Q4/13 and US$80.36 in Q1/14, according to CardData. MC’ Cash Dollar Volume (CDV) was down sharply by 9.7% on a local currency basis in Q1/14 to US$2 billion. MC has 56 million cards-in-force (CIF) currently in the Canada region, compared to 50 million in Q1/13, about the same as Visa.

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