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(via Payments News – from Glenbrook Partners)

American Express and Isis have announced that they will introduce American Express Serve to the Isis Mobile Wallet in a new co-branded account that will be offered in every Isis Mobile Wallet as a part of a nationwide launch later this year. By adding American Express Serve to the Wallet, customers will be able to pay bills online and send money to friends and family. They will also be able to add cash to their American Express Serve account or fund it using an existing bank account, any credit or debit card or through direct deposit. “Linking the platforms will…

Complete story at source: Payments News – from Glenbrook Partners
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(via Payments News – from Glenbrook Partners)

Alliance Data Systems has announced that its Retail Services business, which manages more than 120 branded credit programs, has come to multiple agreements with PayPal. Under a multi-year agreement with PayPal, Alliance Data will become an issuer for Bill Me Later® credit products and will maintain a partial interest in the receivables generated under the program. Additionally, Alliance Data and PayPal have agreed to collaborate to support PayPal’s offline expansion, which is enabling PayPal to be accepted in more physical merchant locations across the U.S. Consumers who hold a branded private label credit card from Alliance Data’s partners that accept…

Complete story at source: Payments News – from Glenbrook Partners
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(via Payments News – from Glenbrook Partners)

VeriFone has announced the launch of VeriFone Point, a payment-as-a-service solution that the company says simplifies the complexities of payment for the company’s direct merchant customers and channel partners in the U.S. The VeriFone Point solution features a cost-predictable subscription model for obtaining and maintaining all the components of a complete payments solution including software, management services, device acquisition, and maintenance, which enables these organizations to spend less time and money on payments and devote more resources to improving their business. “Merchants and service providers don’t want to deal with the complexities of managing PCI, EMV and emerging payments and…

Complete story at source: Payments News – from Glenbrook Partners
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(via Payments News – from Glenbrook Partners)

On the web: Ready now: A digital identity for Kiwis – “RealMe, an identity verification system, has been rolled out in New Zealand to help citizens make secure online transactions with 40 government agencies and participating banks.” Bitcoin and the Rise of a Digital Counterculture – Wall St. Journal Moneybeat – “The rise of a digital counterculture that in its anti-authoritarian, Utopian idealism resembles the counterculture of the 1960s.” Virtual Currency Gains Ground in Actual World – New York Times – “More businesses are accepting bitcoins lately thanks to Bitpay, which supplies software for processing bitcoin payments. The merchant pays…

Complete story at source: Payments News – from Glenbrook Partners
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(via Payments News – from Glenbrook Partners)

PayPal has stepped up its emphasis on cross-border commerce with a press release titled “PayPal Unveils the Modern Spice Routes” that unveils a new report based on PayPal and Nielsen data. According to PayPal, “the report reveals amazing insights about cross-border shoppers, and their payments preferences, to enable businesses and exporters to take advantage of this multi-billion dollar opportunity:” In particular, the report focuses on cross-border online shopping and spending behavior in six major markets — the United States, the United Kingdom, Germany, Australia, mainland China and Brazil. Cross border trade is nothing new. Our local stores are filled with…

Complete story at source: Payments News – from Glenbrook Partners
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