Payment systems

Canadian Open-loop Prepaid Debit Card Market Grew at a Compound Annual Growth Rate of 9% in 2018

Retrieved on: 
Wednesday, June 19, 2019
Prepaid card, Prepayment, Payment systems

Early in 2016, the Canadian Prepaid Providers Organization (CPPO) asked Mercator Advisory Group to bring its benchmarking process to the Canadian open-loop prepaid market.

Key Points: 
  • Early in 2016, the Canadian Prepaid Providers Organization (CPPO) asked Mercator Advisory Group to bring its benchmarking process to the Canadian open-loop prepaid market.
  • Working with the CPPO and Canadian issuers, Mercator created the taxonomy shown in the exhibit below for measuring the Canadian open-loop prepaid market.
  • This benchmark identifies opportunities, according to Mercator Advisory Group's latest research report, The Canadian Open-Loop Prepaid Market: 2018 .
  • This taxonomy formed the basis of the survey that was sent to prepaid card issuers and program managers in Canada.

American Express Plans Live Audio Webcast of the Second Quarter 2019 Earnings Conference Call

Retrieved on: 
Wednesday, June 19, 2019
Professional services, Banking, Finance, Finance, Money, Economy, Payment systems, Credit cards, AXP, American Express

American Express Company (NYSE: AXP) plans to host a live audio webcast of its earnings conference call at 8:30 a.m. (ET) on Friday, July 19, 2019 to discuss second quarter 2019 financial results.

Key Points: 
  • American Express Company (NYSE: AXP) plans to host a live audio webcast of its earnings conference call at 8:30 a.m. (ET) on Friday, July 19, 2019 to discuss second quarter 2019 financial results.
  • The live audio webcast will be accessible to the general public through the American Express Investor Relations website at http://ir.americanexpress.com .
  • American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success.
  • Learn more at americanexpress.com and connect with us on facebook.com/americanexpress , instagram.com/americanexpress , linkedin.com/company/american-express , twitter.com/americanexpress , and youtube.com/americanexpress .

Global Digital Payment Forecasts Report 2019-2022 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, June 19, 2019
Online Retail, Professional services, Finance, Retail, Economy, E-commerce, Payment systems, Articles, Money, Mobile payment, Digital wallet, Payment

The "Global Digital Payment Forecasts 2019-2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Digital Payment Forecasts 2019-2022" report has been added to ResearchAndMarkets.com's offering.
  • With a double-digit growth rate, the global digital payments market is expected to reach new heights by 2022.
  • Asia-Pacific is the world's leader when it comes to online and mobile payment volume, with North America ranking second.
  • According to a forecast cited by yStats.com, remote E-Commerce will remain the largest digital payment segment through 2022, although in-store mobile payments are also projected to see major growth, driven by the proliferation of mobile wallets.

Private Label Credit Card Market Reaches $210 Billion, reports Packaged Facts

Retrieved on: 
Wednesday, June 19, 2019
Economy, Payment systems, Money, Finance, Credit card, Credit

ROCKVILLE, Md., June 19, 2019 /PRNewswire/ -- America's private label credit card purchase value grew at an average annual rate of 3% from 2016 to 2018, reaching $210 billion, according to Packaged Facts in the brand new market research study Private Label Credit Cards in the U.S., 11th Edition , now on sale.

Key Points: 
  • ROCKVILLE, Md., June 19, 2019 /PRNewswire/ -- America's private label credit card purchase value grew at an average annual rate of 3% from 2016 to 2018, reaching $210 billion, according to Packaged Facts in the brand new market research study Private Label Credit Cards in the U.S., 11th Edition , now on sale.
  • Assesses consumer usage and active usage of private label credit cards segmented by retailer type, as well as monthly private label credit card spending and portion of balance paid.
  • Assesses the degree to which a variety of credit card credit card features and benefits would incentivize credit card users (private label and non-private label) users to sign up for a new private label credit card and would incentivize private label cardholders to them more often.
  • View additional information about Private Label Credit Cards in the U.S., 11th Edition, including purchase options, the abstract, table of contents, and related reports at Packaged Facts' website: https://www.packagedfacts.com/Private-Label-Credit-Cards-Edition-12443463/ .

Citizens Bank Offers Three Steps Every Consumer Should Take To Reduce Exposure to Fraud

Retrieved on: 
Wednesday, June 19, 2019
Other Consumer, Technology, Security, Professional services, Banking, Finance, Consumer, Financial services, Economy, Finance, Payment systems, Primary dealers, Bank, Banking, Economic history of Italy, Debit card, Citigroup

While this is great news for consumers, it is only part of the story when it comes to keeping your money safe.

Key Points: 
  • While this is great news for consumers, it is only part of the story when it comes to keeping your money safe.
  • View the full release here: https://www.businesswire.com/news/home/20190619005054/en/
    Industry data shows us that for 10,000 debit card transactions, as many as 25 are fraudulent, said Jason Castillo, head of enterprise fraud management at Citizens Bank.
  • Citizens Financial Group, Inc. is one of the nations oldest and largest financial institutions, with$161.3 billionin assets as of March31, 2019.
  • Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings.

AcceptDebtPayments.com Launches New Payment Gateway Site Focused on Debt Collectors

Retrieved on: 
Wednesday, June 19, 2019
E-commerce, Payment systems

The new site goes on to explain how to analyze potential payment systems by ensuring that the processing method is compatible with the agency's workflow.

Key Points: 
  • The new site goes on to explain how to analyze potential payment systems by ensuring that the processing method is compatible with the agency's workflow.
  • The goal of our new site is to remove the unnecessary complications that often arise when selecting what payment method website owners need and how to implement it."
  • The newly launched AcceptDebtPayments.com site describes how to understand processor mindsets, allowed collection methods, secure cardholder data storage, and shopping cart compatibility.
  • AcceptDebtPayments.com recommends that before choosing a payment solution, site owners describe their work flow in detail, and ask questions to find the best payment acceptance method for their business.

ClearSale to Showcase Integrative Fraud Protection Solutions at IRCE 2019

Retrieved on: 
Wednesday, June 19, 2019
E-commerce, Merchant services, Chargeback, ClearSale, CNP, Economy, Payment systems, Service industries, Credit cards

MIAMI, June 19, 2019 /PRNewswire/ --Leading fraud protection provider ClearSale ( http://clear.sale ) will exhibit its comprehensive solution at the upcoming IRCE @ RetailX taking place June 25-28, 2019 in Chicago.

Key Points: 
  • MIAMI, June 19, 2019 /PRNewswire/ --Leading fraud protection provider ClearSale ( http://clear.sale ) will exhibit its comprehensive solution at the upcoming IRCE @ RetailX taking place June 25-28, 2019 in Chicago.
  • ClearSale's global initiative to stop CNP fraud and eliminate chargebacks for e-commerce merchants will be showcased in booth #1861 at the expo.
  • Renowned as one of the largest industry gatherings, IRCE is the one-stop-shop for all e-commerce businesses.
  • ClearSale is also unveiling its Order Approval Rate Calculator, to help merchants calculate their true approval rate.

Merchant Account Solutions Firm DirectPayNet Celebrates Big Business Growth For Nine-Year Anniversary

Retrieved on: 
Wednesday, June 19, 2019
Economy, Money, Finance, Merchant services, Payment systems, Credit, E-commerce, Merchant account provider, Merchant account, Oceanpayment, Alternative payments

MONTREAL, June 19, 2019 /PRNewswire/ --Global high-risk payments solutions provider DirectPayNet is celebrating nine years in the world of merchant services.

Key Points: 
  • MONTREAL, June 19, 2019 /PRNewswire/ --Global high-risk payments solutions provider DirectPayNet is celebrating nine years in the world of merchant services.
  • The company has evolved from being a local start-up merchant account provider to specializing in tailored payment solutions for multinational medium and high-risk online businesses.
  • "DirectPayNet has always been a huge proponent of virtual currency and other card-not-present payment methods that are shaking up the industry.
  • DirectPayNet is a full service merchant service provider specializing in international high-risk payment solutions for e-commerce businesses.

Michigan Customers Get More Bang For The Buck With New Business And Personal Check Writer Bundle

Retrieved on: 
Wednesday, June 19, 2019
Economy, Business, Articles, Payment systems, Accounting software, Business software, Small business software, Point of sale, AME Accounting Software

Detroit, MI, June 19, 2019 /PRNewswire-PRWeb/ --Business owners in Michigan processing both business and personal size checks get more bang for the buck with Halfpricesoft.com's latest ezCheckprinting and ezCheckpersonal bundle version for $58.00 (no hidden or recurring fees incurred).

Key Points: 
  • Detroit, MI, June 19, 2019 /PRNewswire-PRWeb/ --Business owners in Michigan processing both business and personal size checks get more bang for the buck with Halfpricesoft.com's latest ezCheckprinting and ezCheckpersonal bundle version for $58.00 (no hidden or recurring fees incurred).
  • "The latest bundle version for ezCheckprinting and ezCheckpersonal wows business owners in Michigan that need to process unlimited business and personal checks, in-house. "
  • Halfpricesoft.com is a developer of small business software, including online and desktop payroll software, online employee attendance tracking software, accounting software, in-house business and personal check printing software, W2, software, 1099 software, Accounting software, 1095 ACA form software and ezACH direct deposit software.
  • Software from halfpricesoft.com is trusted by thousands of customers and will help small business owners simplify payroll processing and streamline business management.

POSaBIT Announces Brokered Private Placement

Retrieved on: 
Wednesday, June 19, 2019
Technology, Internet, Software, Professional services, Finance, Articles, Economy, Banking, Payment systems, Profit, Blockchain, Point of sale

The net proceeds raised under the Offering will be used for expansion and business development activities and general working capital and corporate purposes.

Key Points: 
  • The net proceeds raised under the Offering will be used for expansion and business development activities and general working capital and corporate purposes.
  • POSaBIT is an early stage company with a short operating history; it may not achieve profitability; and it may not actually achieve its plans, projections, or expectations.
  • POSaBIT (CSE: PBIT) is a financial technology company that delivers unique and innovative, blockchain-enabled payment processing and point-of-sale systems for cash-only businesses.
  • POSaBIT specializes in resolving pain points for complex, high-risk, emerging industries like cannabis with an all-in-one solution that is compliant, user-friendly and utilizes top-of-the-line hardware.