Cashbackpoint and VCS, Agree on Strategic Partnership

Virtual Card Services (VCS), a leader in developing and implementing credit, debit and smart card processing systems, has announced a strategic partnership deal with the multiple award-winning loyalty business Cashbackpoint. In a first for the African continent, the deal brings payment card linked cashback rewards to the online market. Consumers in South Africa can register

Chase Announces Chase Pay

Chase announced 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.

Changes Coming to Credit-card Readers for Small Merchants

Over the past few years, small merchants have grown their businesses and accepted credit cards for the first time without having to pay big fees that turned them off initially to taking credit. But big changes are coming, in the form of an all-new type of credit card, and all but certain higher costs. Companies

Mobicred Offers South Africa’s First Online Only Credit Facility

There’s not much of a limit on what you can buy online these days. Thing is, in South Africa at least, almost all of those ways involve having a bank account and, if you want things to be really simple, a credit card. But what if you could finance your online purchases with a single

First Data Releases August 2013 SpendTrend® Analysis

First Data Corporation, a global leader in electronic commerce and payment processing, released its First Data SpendTrend® analysis for August 1-30, 2013 compared to August 1-30, 2012. SpendTrend tracks same-store consumer spending by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks at U.S. merchant locations. August’s dollar volume growth was 7.3%, a