Credit Card Usage in Canada to Hover at 1.6% CAGR

Credit Card Usage in Canada to Hover at 1.6% CAGR

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Purchase dollar volume (PDV) in Canada for Visa and MasterCard has been plummeting over the past five quarters, however card issuance in the first quarter (1Q/16) for both networks remained in double-digits year-on-year (YOY). The P&S Market Research’s “Canada Cards and Payments Market – Size, Share, Development, Growth and Forecast to…

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Credit Card Usage in UK Expected to Grow

Credit Card Usage in UK Expected to Grow

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The frequency of credit card usage in the UK increased at a CAGR of 9.4% during 2012-2014 and the frequency of transaction is expected to reach up to 61 times by 2020. According to the P&S Market Research “UK Cards and Payments Market – Size, Share, Development, Growth and Forecast to…

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Debit Cards to Continue to Dominate the Market in Brazil

Debit Cards to Continue to Dominate the Market in Brazil

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Based on Gross Dollar Volume (GDV) debit cards hold a 64.6% share in the Brazilian payment card market while credit cards had 35.4% share. According to P&S Market Research’s Brazil Cards and Payments Market – Size, Share, Development, Growth and Forecast to 2020, the debit cards dominant share is likely to…

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China Card Market Expected to Slow Thru 2020

China Card Market Expected to Slow Thru 2020

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] While robust, the payment card market in China is expected to ramp down in tandem with the economy over the next five years. Timetric’s “The Cards and Payments Industry in China: Emerging Trends and Opportunities to 2020” provides values and volumes for a number of key performance indicators in the industry,…

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SLA Digital & Google Play Integrate for MNO Payments

SLA Digital & Google Play Integrate for MNO Payments

SLA Digital, an international digital services company offering direct operator billing to mobile network operators (MNO), says its first integration with Google Play is now live. Axiologix says its joint venture, SLA Digital, says an existing global mobile operator partner of SLA Digital is using SLA’s proprietary Digital Services Platform to launch its Carrier Billing…

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Other News PAYJUNCTION; TESCO; 3DCART; and CXC

In Other News: PAYJUNCTION (office); TESCO (MasterCard); 3DCART (update); and CXC (Qwil). PAYJUNCTION – PayJunction, answering strong demand for its electronic payment processing software and financial services, opened the doors to a new office space in Santa Barbara, CA. Between the original State Street headquarters and new Carillo office, PayJunction now occupies 15,000 square feet…

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Major Credit Card Issuer Says Take a Vacation

Major Credit Card Issuer Says Take a Vacation

The overwhelming major of small business owners think taking a personal vacation benefits their business, including improved focus, creativity and motivation. According to a new survey by Marriott Rewards Premier Business Credit Card, only 25% of small business owners are able to do so, and nearly three-quarters worry about the work and responsibilities they are…

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