The Month in Numbers – February 2012
The Month in Numbers tells us that China is going through an explosion in the number of active credit card; Facebook has become a payments platform....
Category: Credit Card Processing Blog
Challenging Google Wallet, BOKU Makes the NFC Field Even More Crowded
BOKU's new NFC-based mobile payments service is not nearly as appealing to consumers as Google's Wallet, but merchants will find it irresistible....
U.S. Credit Card Defaults Fall to Lowest Level in 4 Years
The U.S. charge-off rate fell to 4.98% in January, the lowest level since November 2007; the credit card delinquency rate rose slightly to 2.93%....
Facebook Partners with Carriers, Moves toward Closed-Loop Payments Platform
Developing its own direct billing system, Facebook is moving toward a closed-loop payments platform in which there is no room for outsiders like BOKU....
A Non-News from Isis Tells Us why Google Leads the Digital Wallet Field
Mobile wallet start-up Isis has announced a partnership with three card issuers, while it should be building relationships with its future users....