Visa Digital Commerce App Ramps-Up Digital Payments

Visa Digital Commerce App

Visa Digital Commerce App has unveiled an issuer-branded mobile commerce solution enabling financial institutions to offer their own mobile app to customers with valuable card management services – ultimately expanding and strengthening their Visa credit, debit and prepaid card offerings. The new Visa Digital Commerce App enables issuers to offer services such as real-time account…

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Mobile In-App Transactions Up 24% YOY

Mobile In-App Transactions Up 24% YOY

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Mobile app users are spending $7.40 on paid-for apps every three months and $9.20 on in-app transactions, resulting in a quarter more spending on in-app transactions According to an online consumer survey by Gartner, app users spend 24% more on in-app transactions than on upfront app payments. The survey found that…

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ZOZI Advance Software Platform Launched

ZOZI Advance Software Platform Launched

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] ZOZI announced the launch of robust ticketing capabilities for its Software as a Service (SaaS) bookings, payments, and reservations platform, ZOZI Advance. The ZOZI Advance software platform already helps thousands of activity businesses across nearly 90 countries grow their business, process online bookings, manage complex reservations, and accept EMV mobile payments…

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JCB card logo

JCB Inks Major Ctrip Prepaid Deal

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] JCB has inked a license agreement for issuing prepaid cards for abroad (electronic travel checks) with Ctrip Financial Service (Hong Kong) Limited, which is the first online travel agency in China. Ctrip operates websites and apps and provides online reservation services mainly in China for travel related products such as hotel,…

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V+M Transactions Reveal an Uptick After Wallowing

V+M Transactions Reveal an Uptick After Wallowing

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Total Visa and MasterCard processed transactions (TX) in the first quarter (1Q/16) hovers below year-on-year (YOY) growth rates of the past three years, but showing an uptick. MasterCard, is by far running away with significant YOY gains over Visa, posting double-digit gains versus Visa’s single-digit gains in 1Q/16. Combined Visa and…

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ProCash 280 To-Date & Climbing for Wincor Nixdorf

Wincor Nixdorf ProCash 280

Wincor Nixdorf reports it has shipped its 100,000th ProCash 280 globally. The recipient of the recently rolled out 100,000th ProCash 280 is one of the top banks in Thailand. Wincor Nixdor shipped its first ProCash 280 system in 2010, has since expanded its footprint to 125 customers in 65 countries across five continents. The success…

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Credit Card Complaints Settle Down but CRA - NOT

Credit Card Complaints Settle Down but CRA – NOT

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The latest Consumer Financial Protection Bureau (CFPB) monthly consumer complaint snapshot finds credit reporting complaints lead the pack, but bank credit card issuers land second place. However, overall credit card complaints declined 2%. By average monthly complaint volume, Equifax (1,014), Experian (911), (765) were the most-complained-about companies for December 2015. Capital…

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Briefs: GEMALTO; ACI; ADS; and FISERV

In Other News: GEMALTO (award); ACI (award); ADS (Forever 21); and FISERV (John Deere). GEMALTO – Gemalto has been named a winner in the 2016 Cybersecurity Excellence Awards. Gemalto’s SafeNet Authentication Service was voted best Multi-Factor Authentication Service by the 300,000 member LinkedIn Information Security Community. SafeNet Authentication Service is a cloud-based multi-factor authentication solution that…

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Nets On-Boarding OpenWay WAY4 for Nordic Card Issuers

Nets On-Boarding OpenWay WAY4 for Nordic Card Issuers

Scandinavia’s Nets is on-boarding Nordic issuer portfolio’s in credit cards and sales finance onto WAY4, the e-payment processing framework developed by OpenWay. Card portfolios of five banks in Finland, Norway and Denmark are already being processed on WAY4 and soon also the migration in Sweden will be completed. For now the payment transactions of more…

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Sionic Mobile Says ION Loyalty is Kicking Serious Butt

Sionic Mobile Says ION Loyalty is Kicking Serious Butt

Atlanta-based Sionic Mobile reports its proprietary, mobile-to-mobile, three-digit checkout process is gaining traction among small business owners. Requiring no new hardware or upfront investment, ION Loyalty provides small business owners with mobile checkouts that are faster, easier and safer than cash or plastic – a preferred alternative to Square, PayPal Here and others – along…

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