The payment industry in India is expected to witness multifold growth in the next few years with the entry of payments banks and small finance banks and several payment modes like mobile wallets and prepaid cash cards. Further, it will be interesting to see how bigger banks, payments banks, small banks, wallet providers and payment service providers work in tandem to drive financial inclusion. Still, one can safely say that these changes will boost e-transactions, which represents a good business opportunity for every player in the payment industry. This industry has been growing steadily over the past few years. Card transactions, both by debit and credit cards, are on an upward trajectory....
↧
Payment industry to witness multifold growth
↧
Chase Announces CHASE PAY (JPMorgan Chase & Co)
(Source: JPMorgan Chase & Co) October 26, 2015 MCX is premier merchant partner LAS VEGAS - October 26, 2015 - Chase announced today Chase Pay - a better payments experience for in-store, in-app and online purchases. MCX - which includes retailers such as Walmart, Target, Best Buy and Shell - will be Chase Pay's premier partner. Chase Pay will be available in mid-2016 to Chase's customers across its 94 million credit, debit and pre-paid card accounts. 'Chase Pay solves a number of pain points for consumers and merchants. It will improve the customer experience and drive down the cost of payments,' said Gordon Smith, CEO of Consumer & Community Banking at JPMorgan Chase & Co. Smith made the...
↧
↧
JPMorgan Challenges Apple Pay With Mobile App Offering Discounts
Buy a shirt from your favorite store while using a coupon and collecting reward points -- all with a tap or swipe of your phone or tablet -- and you’ll even help shave the retailer’s costs. That’s JPMorgan Chase & Co.’s pitch for its new digital wallet, a mashup of payment technologies that the biggest U.S. bank unveiled Monday to challenge rival lenders, systems like Apple Inc.’s Apple Pay and a variety of other companies including PayPal Holdings Inc. JPMorgan is looking to speed adoption of its digital payment systems in stores and online by paring some transaction fees for retailers, interacting with their existing loyalty programs, and partnering with the...
↧
Suretap Partners with Points, Becomes First Canadian Mobile Wallet to Offer Full Loyalty Integration
TORONTO, Nov. 3, 2015 (GLOBE NEWSWIRE) -- Suretap, a leader in open mobile wallet technology, today announced a partnership with Points (TSX:PTS) (Nasdaq:PCOM), the global leader in loyalty currency management, making Suretap the first mobile wallet to truly integrate loyalty cards in the Canadian market. "The suretap mobile wallet is all about making it easier, safer and more rewarding for Canadians to transact in every step of the consumer journey, including getting more out of their relationships with local brands and retailers," said Jeppe Dorff, President of Suretap. "By leveraging Points' loyalty platform in our wallet technology, we're improving the payment experience for millions of...
↧
Instant Cash via MashreqOnline promises unprecedented convenience (Mashreq Bank PSC)
(Source: Mashreq Bank PSC) Continuing to enhance its innovative offerings and to offer simplified financial solutions to customers, one of the UAE's leading financial institutions, Mashreq announced the launch of Instant Cash via its online banking platform. Customers can now book Easy Cash instantly on their credit cards, transfer other bank card balance to Mashreq by applying for...
↧
↧
INOVA Federal Credit Union Selects Buzz Points to Offer Shop Local Loyalty and Rewards Program Across Three States Program rewards members everywhere they shop, awards bonus points for shopping locally, provides turnkey marketing solution to help independent businesses compete with national chains
ELKHART, Ind., Nov. 3, 2015 /PRNewswire/ -- Buzz Points, a leader in connecting local businesses, community financial institutions and consumers through rewards, today announced that INOVA Federal Credit Union, a member-owned financial cooperative headquartered in Elkhart, Ind., serving more than 32,00 members, including employees of over 500 companies in Indiana, California and North Carolina, has selected the Buzz Points shop local loyalty and rewards program. Buzz Points is free for consumers and allows credit union members to earn rewards while supporting the local economy by using...
↧
Clients Conducted over 3.5Mln Transactions through KFH E-services in September (Kuwait Finance House KSC)
(Source: Kuwait Finance House KSC) Post Date : 04/11/2015 Clients Conducted over 3.5Mln Transactions through KFH E-services in September Turnout Affirms Efficiency and Convenience of KFH's Platforms, Consistent E-services The number of transactions conducted on Kuwait Finance House KFH's e-services surpassed 3.5mln in September. This large number...
↧
10.28.15 | PAI Partners with Pin4 for Cardless Cash ATM Withdrawals (Payment Alliance International Inc) ...
(Source: Payment Alliance International Inc) 6ed57c84-4453-46b0-bd5b-04a9412c651c.pdf FOR IMMEDIATE RELEASE HalCash North America Launches Pin4™ at Money 20/20 Innovative New Cardless Cash Network for the U.S. Innovative technology enables real-time mobile delivery of cardless ATM cash to consumers and provides new revenue streams for ATM owners Las Vegas, NV - October 26, 2015 - HalCash North America today announced the launch of Pin4™, a mobile cardless cash ATM withdrawal solution that provides businesses with a radically better way to engage with their customers through real-time delivery of cash without the need for a debit/credit card or bank account. Pin4™ is helping to innovate the...
↧
Ooredoo Celebrates First Rebranding Anniversary with 1000 Thank You’s (Omani Qatari Telecommunications Company SAOG)
(Source: Omani Qatari Telecommunications Company SAOG) Muscat, 27 October 2015 - Marking the first year since Oman witnessed one of the largest telecommunications rebrands in the MENA region, Ooredoo is celebrating its anniversary with a special promotion for its Nojoom Loyalty Programme members. On 28 October and for one day only, customers sending a text message with the word 'Ooredoo'...
↧
↧
Mills County State Bank Selects Buzz Points to Offer Shop Local Loyalty and Rewards Program Throughout Central Texas Program rewards customers everywhere they shop, awards bonus points for shopping locally, provides turnkey marketing solution to help independent businesses compete with national chains
GOLDTHWAITE, Texas, Nov. 10, 2015 /PRNewswire/ -- Buzz Points, a leader in connecting local businesses, community financial institutions and consumers through rewards, today announced that Mills County State Bank, an FDIC-insured hometown bank headquartered in Goldthwaite will introduce the Buzz Points shop local loyalty and rewards program to its customers throughout Mills, Brown and Hamilton counties. Free for consumers, Buzz Points allows bank customers to earn rewards while supporting the local economy by using their debit and credit card for everyday shopping. "Since our bank serves...
↧
New Citi Mobile Application (Bank Handlowy w Warszawie SA)
(Source: Bank Handlowy w Warszawie SA) 2nd November 2015 Citi Handlowy introduces a new Citi Mobile application. Since 1st of November, users of mobile banking can take advantage of a completely new application which is distinguished not only by a refreshed design but also by a range of new functionalities. All this has been designed on the basis of an in-depth analysis of customers' behavior and as a response to the latest trends in the market. New features at Citi Mobile include, among others, the possibility to check one's balance without the necessity to log in to the bank's system. The new Citi Mobile application is to address key...
↧
A Cheque Resurrection? (Kofax Ltd)
(Source: Kofax Ltd) Cheque Image Processing gives traditional payment methods a new lease on life. 'Cheques will be around when debit and credit cards are gone.' This was a surprising prediction made during a recent meeting of senior bankers, held at The Gherkin, London, where the customer impact of cheque image processing and digital banking capabilities were discussed. Representatives from all of the major high street banks listened to updates from the Cheque & Credit Clearing Company (C&CCC), and Royal Bank of Scotland (RBS). Who Uses Cheques Any More? You're not alone if you thought that the use of cheques as a payment method was in terminal decline, especially with the many alternative...
↧
QNB offers QPay Payment Gateway for online shopping using debit cards Read More... (QNB - ...
(Source: QNB - Qatar National Bank SAQ) Doha, 27 October 2015 - As part of its continuous efforts to offer innovative banking solutions and payment products to its customers, QNB started offering the QPay Payment Gateway platform for the Bank's E-commerce merchants, providing an online shopping experience using debit cards. The QPay Payment Gateway is the latest online card acceptance solution in...
↧
↧
Apple May Be Launching A Venmo Competitor
Venmo, Square, and Google Wallet may have a new competitor. The Wall Street Journal reports that Apple is in talks with several major banks to develop a phone-to-phone payment platform that would work via mobile app. According to the Journal’s...
↧
Gift Giving Guidance That Won't Turn You Into A Grinch - TD survey finds shopping ...
(Source: TD - Toronto-Dominion Bank) TORONTO, Nov. 12, 2015/CNW/ - With the holidays just around the corner, it's time to decide who's on the 'nice' list this year. A recent TD survey found that when it comes to purchasing gifts for loved ones, instead of battling the busy malls, more than seven in 10 (72 per cent) Canadians surveyed do at least some of their holiday shopping online. While online shopping may have its conveniences, there can also be the impulse to splurge and overspend. The TD survey found that over one-third (37 per cent) of those surveyed who do most of their holiday shopping online are more likely to say they spend more than they would in store. 'Buying gifts for the...
↧
4 Easy Steps
Finding the best credit card is part art, part science. No single credit card is better than all others in all categories -- or for all people.�But by understanding your options and asking the right questions,�you can find the card that's the best fit for your spending habits and credit situation. Follow�these four steps to find the best credit card for you. 1. Check your credit Find out what credit card offers you might be eligible�for by checking your credit score. The better your score, the greater your chance of being approved for cards with better perks.�Many credit card issuers�give their cardholders free access to their FICO credit score, and several�third-party sites�provide...
↧
Tarsin Mobile Inc. Announces New Mobile Payable Solution
LOS GATOS, Calif., Oct. 28, 2015 /PRNewswire/ -- Tommy Stephenson, CEO of TARSIN MOBILE INC., (OTC "TMIX" is pleased to announce that the Company's wholly owned subsidiary "Circle Plus Mobile Payable," mobile engineered by Tarsin Mobile Inc., and with the support of Circle Plus Payments, Inc., team will deliver a unique global payment solution on mobile devices. Nitish Kannan, CEO and Founder of Circle Plus Payable says: "It is exciting to be the first public entity of the new generation of mobile payment solutions. The Payable App is live in 22 countries. We are the first integrated mobile application to accept debit cards, credit cards, bitcoin, as well as Apple Pay and...
↧
↧
Bank fined 30,000 for delay in clearing cheque
CHENNAI: Refusing to accept Canara Bank's statement that it "could not have intentionally caused delay" in processing a cheque, a district forum has fined it 30,000 for "gross negligence in services." The bank had credited the amount in a customer's account after a week's delay. R Lakshmi of Maduravoyal said...
↧
New Board Member and CEO Announcement ENG (ISE - The Irish Stock Exchange plc)
(Source: ISE - The Irish Stock Exchange plc) Ooredoo Q.S.C. Ooredoo Q.S.C. Ooredoo Appoints Dr. Nasser Mohammed Marafih as a Member of the Board and Advisor to the Board's Chairman, and Appoints Sheikh Saud bin Nasser Al Thani as Chief Executive Office of Ooredoo Group Doha, Qatar, 12 November 2015:Ooredoo Q.S.C. ('Ooredoo') - Ticker: ORDS - announced today the appointment of Dr. Nasser Mohammed Marafih as a member of the Board of Directors, replacing Mr. Omer...
↧
How Do You Really Redeem Credit Card Miles?
Collecting credit card miles can be easy — you spend money on a credit card and the points accrue on your statements. But any consumers find that the tough part can be redeeming those credit card miles. Unfortunately, many airlines continue to increase the number of miles required to redeem awards, and make fewer seats available for mileage tickets at the lowest mileage levels. So how can you redeem the miles you earned from your credit card? It depends on how the miles are earned. How to Redeem Miles With Airline Frequent-Flier Programs The most common type of credit card miles are those awarded in frequent-flier programs run by airlines. The advantage of these programs is that the...
↧
