USAT Riding High in Self-Serve NFC Small Ticket Payments

USAT Riding High in Self-Serve NFC Small Ticket Payments

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] PA-based small-ticket, self-serve specialist, USA Technologies (USAT), posted fourth calendar quarter (4Q/15) total revenue of $18.5 million, a year-over-year (YOY) increase of 44.5%. Net income sunk to a net loss of $874,000 in 4Q/15. At the end of the fourth quarter USAT had 369,000 connections, up 28% YOY. In 3Q/15 USAT reported…

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Blesh to Support Google's EID Beacon Frame Type

Blesh to Support Google’s EID Beacon Frame Type

San Francisco-based Blesh will fully support Google’s Eddystone Ephemeral Identifiers (EID), the new privacy/security Eddystone beacon frame type. Eddystone-EID begins the next chapter in the Eddystone beacon standard announced in July 2015 as an open, scalable Bluetooth low energy (BLE) beacon format. Signals broadcast by these Eddystone-EID beacons rotate and change frequently, allowing only authorized…

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V+M U.S. Credit+Debit Cash Transactions +2.0% YOY

V+M U.S. Credit+Debit Cash Transactions +2.0% YOY

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Cash transactions (CTX) for Visa and MasterCard U.S. credit and debit cards in the U.S. grew by 2.0% year-on-year (YOY) in the fourth quarter (4Q/15). U.S. 4Q/15 credit card cash transactions were up 8.3% YOY, while U.S. debit card CTX increased 1.9%. Visa’s 4Q/15 CTX for U.S. credit cards was up…

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Self-Scanning Solutions Market to Grow 10% CAGR

Self-Scanning Solutions Market to Grow 10% CAGR

The global market for handheld self-scanning/shopping solutions (hardware, software, and services) is expected to grow at a CAGR of 10% to $92M by 2020. According to a new report from VDC Research handheld self-scanning/shopping solutions are dedicated handheld barcode scanners with integrated screens and mobile self-scanning applications for consumer smartphones that are used for consumer…

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RIEFS – CUBIC; CHARGENT; RAPIDVALUE; and BKASH

In Other News: CUBIC (Sydney); CHARGENT (linked2pay); RAPIDVALUE (Zervant); and BKASH (Bangladesh). CUBIC – Cubic Transportation Systems (CTS) reports a customer open payments trial will begin in Sydney, Australia in 2017, enabling Sydney to have London-style open payments ticketing technology. The trial would be a first for the southern hemisphere, providing a valuable test case…

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MasterCard’s Intl Debit CIF 7X Visa’s Intl Debit CIF

MasterCard’s Intl Debit CIF 7X Visa’s Intl Debit CIF

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] International payment cards-in-force (CIF) for Visa and MasterCard increased 7.1% year-on-year (YOY) in the fourth quarter (4Q/15). International debit card CIF rose 9.1% YOY, while international credit card CIF increased 4.2% YOY. 
MasterCard’s international debit card CIF YOY is growing more than seven times Visa’s international debit CIF. International payment card…

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YOOBIC; BLUEPOINT; MOOVEL; and THREATMETRIX

In Other News: YOOBIC (award); BLUEPOINT (Surety); MOOVEL (merger); and THREATMETRIX (release). YOOBIC – The Accenture Consumer Innovation Awards has selected US-based Yoobic’s mobile solution that helps brands and retailers monitor in-store execution by enabling data to flow instantly between point of sales and headquarters, giving the retailer feedback and control over in-store activities. The solution…

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TSYS Revenues Surge 13%; TransFirst Deal Underway

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] GA-based acquirer TSYS reported a solid fourth quarter (4Q/15) as total revenues hit $719 million, a jump of 13.2% year-on-year (YOY). Net income increased 3.6% YOY from $79.9 million in 4Q/14 to $82.8 million in 4Q/15. Revenues for the North America Services segment increased 17.1% YOY to $350 million for 4Q/15,…

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USAT Takes Self-Service Transactions to a New Level

USAT Takes Self-Service Transactions to a New Level

The king of integrated cashless and mobile transactions in the U.S. self-service retail market has launched its most progressive solution to date. USA Technologies unveiled ePort Interactive, one of the industry’s most advanced cloud-based interactive media and content delivery management systems, enabling delivery of nutritional information, remote refunds, loyalty programs, and robust, multimedia-marketing campaigns for…

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