Israel-based supplier of ruggedized mobile data terminals Micronet has completed an agreement to acquire the mobile resource management/fleet management division of Beijer Electronics. Micronet will buy all related intellectual property, product rights, customer base, sales and marketing network, and technical support, as well as production facilities. With...
Visa announced a new fixed acquirer network fee policy recently which will take effect next April. Targeted at aggregators, instead of combining merchants under a single tax ID, aggregators must use individual tax IDs for each merchant. Who’s going to be helped or hurt?
Capitol One Financial Corporation and Kohl’s department stores have announced a multi-year extension of their their private label credit card program agreement. The extension comes several years in advance of when the contract is set to expire, and serves a strong vote of confidence between the two...
Frustrated with Japan's centralized, primarily in-house card-issuing market, TSYS has decided to leave the country and focus its efforts on other business opportunities. In recent short order, the processor has landed a number of major deals, including with the UK's Virgin Money and a partnership...
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By Jeffrey Green (@epaymentsguy) Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing...
Yotpo, an Israel-based startup that lets businesses integrate social media into on-site product reviews, has raised $10.7 million in a Series A funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Annual mobile retail purchases will surpass $700 billion by 2018, a new report suggests. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
MasterCard has acquired Provus, an independent payment processor based in Turkey, the payment card network announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
