Sysnet Merchant Contact

Dublin-based Sysnet Global Solutions has launched a new out-sourced Merchant Contact Service, tailored specifically for acquiring and ISO organizations. The fully scalable, on-demand service enables acquiring organizations to respond to market conditions while also proactively engaging with customers through their customers preferred channel; phone, web-chat, email, SMS and social media.

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Cali Chip & PIN

The California Retailers Association, Latino Consumer Federation, and California Grocers Association sent a letter to California Governor Jerry Brown urging him to adopt a global credit card standard known as chip and PIN for all transactions that involve the state government. The groups believe that working with the Governor’s office to put forward a California solution that closely mirrors President Barack Obama’s BuySecure Initiative implemented in October 2014, would bolster security for transactions that involve state government.

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July UK Expenditure

UK consumer spending increased again in July, on an annual basis, household expenditure rose +1.9%, up from +1.4% in June, and slightly stronger than the average annual increase seen over the first half of 2015. Spending volumes also rose on a monthly basis in July (+0.1%), following declines in the prior two months. Meanwhile, expenditure declined fractionally on the quarterly measure (-0.1%), after a slight rise in June (+0.9%).

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