US Bank Reports Explosive Consumer Credit Card GDV

US Bank Reports Explosive Consumer Credit Card GDV

U.S. Bank (USB)’s Payment Services division reports explosive year-on-year (YOY) growth in consumer credit card gross dollar volume (GDV), as well as a substantial YOY gain in credit card outstandings (OUT) for the first quarter (1Q/16). Payment Services includes consumer and business credit cards, stored-value cards, debit cards, corporate, government and purchasing card services, consumer…

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Oti & Microtronic to Attack Cashless Vending Payments

Oti & Microtronic to Attack Cashless Vending Payments

Israeli On Track Innovations has inked a strategic partnership with Swiss-based Microtronic, a European provider of closed loop cashless payment systems for vending and office coffee service (OCS). The companies will introduce a solution that integrates Microtronic’s e-vending and closed loop payment solution into oti’s CONNECT 3000 telemetry device and proven line of TRIO and…

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BRIEFS – WAVE ; APRIVA; EMV; and SHOPIFY

In Other News: WAVE (CCB); APRIVA (SEAA); EMV (resources); and SHOPIFY (product). WAVE – Wave Sync announced that Guangdong Branch of China Construction Bank, one of China’s four major banks, launched a pilot program to issue new audio bank cards embedded with our inlays. Under this pilot program, audio cards with our inlays, once applied…

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Retail & Restaurants Acknowledge Critical Role of POS

Retail & Restaurants Acknowledge Critical Role of POS

A new study found the vast majority retailers and restaurant owners recognize the critical role of their POS in the overall customer experience. The research revealed 86%, 84% and 83% say the opportunity to collect new and expanded insights on customers, operations and product, respectively, had at least moderate influence on their decisions to implement…

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GiftLogic and Magento eCommerce Integrate POS Software

GiftLogic and Magento eCommerce Integrate POS Software

GiftLogic Point of Sale (POS) software has added support for Magento eCommerce within its interface. The combination of GiftLogic and Magento eCommerce software allows retailers to quickly create an online store that can be managed within the GiftLogic POS software. Once connected, retailers can export their web items from GiftLogic to their Magento store. This…

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