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IndustryUpdate
ANNOUNCEMENTS and the processes of banks and nonfinancial service pro-
viders. The task force comprises commissioners from
nine states.
Amazon opens up virtual currency to Android
Digital River to provide payments for Wix.com
Amazon.com now allows its proprietary virtual curren-
cy, Amazon Coin, to be used on all Android-based smart Digital River Inc. became the payment provider for web-
phones and tablet computers. Previously, Amazon Coin site developer Wix.com Ltd. Digital River noted that it
could only be used on Amazon's Kindle Fire tablets. offers online merchants more than 180 international and
local payment options and over 170 currencies. In 2013,
AnywhereCommerce launches Rambler 3.0 the company processed more than $30 billion in online
AnywhereCommerce unveiled Rambler 3.0, the latest transactions. Over 42 million registered users world-
iteration of its mobile POS dongle that plugs into the wide have developed websites based on Wix.com's
audio jack of tablets and smart phones. The third gen- cloud-based development platform, Digital River said.
eration of the mPOS device includes a redesigned form EPI's ProCharge receives PCI validation
factor featuring flexible clip-arms for a surer, more snug
and secure fit when attached to mobile devices, the Electronic Payments Inc. reported its flagship gate-
company said. way product ProCharge Platform achieved validation
with the Payment Card Industry (PCI) Data Security
Blackhawk reaches almost $10 billion in prepaid Standard (DSS). EPI said it made the strategic decision
loads to validate ProCharge as its own PCI DSS-approved
Safeway Inc. subsidiary and prepaid card distributor product to further legitimize and bolster the product in
Blackhawk Network reported that nearly $10 billion was the marketplace.
loaded onto prepaid cards purchased via Blackhawk's Ingenico posts 14 percent growth in 2013
gift card malls in 2013. The company said its 2013 rev-
enue was up by 21 percent from 2012. Ingenico SA said its 2013 revenue totaled 1,371 million
euros, representing a 14 percent increase. The Paris-
Emerging Payments Task Force formed based POS manufacturer said its payment terminal busi-
The Conference of State Bank Supervisors, a nation- ness accounted for 1,074 million euros; its transaction
wide organization of banking regulators (also including services arm generated 297 million euros.
Guam, Puerto Rico and the U.S. Virgin Islands), formed MasterPass allows in-app payments
the Emerging Payments Task Force. It is designed to
study changes in payment systems, such as those ini- At the 2014 Mobile World Congress, held Feb. 24 to 27,
tiated by virtual currencies like bitcoin, to determine MasterCard Worldwide reported that its MasterPass
potential impacts on consumer protections, state laws, mobile wallet now supports in-app payments. The
• Scarborough research revealed that during the past 12
months, 42 percent of U.S. adults purchased women's
business or casual clothing; of those, 10 percent spent
$500 or more.
• According to First Research, the resale industry
in the United States generates annual revenues
of approximately $13 billion and 16 percent to 18
percent of Americans shop at thrift stores during any
given year.
• A MasterCard Advisors SpendingPulse report indicated
retail sales were up 3.5 percent in January, with airlines
and lodging showing the strongest gains among sectors
tracked.
22
ANNOUNCEMENTS and the processes of banks and nonfinancial service pro-
viders. The task force comprises commissioners from
nine states.
Amazon opens up virtual currency to Android
Digital River to provide payments for Wix.com
Amazon.com now allows its proprietary virtual curren-
cy, Amazon Coin, to be used on all Android-based smart Digital River Inc. became the payment provider for web-
phones and tablet computers. Previously, Amazon Coin site developer Wix.com Ltd. Digital River noted that it
could only be used on Amazon's Kindle Fire tablets. offers online merchants more than 180 international and
local payment options and over 170 currencies. In 2013,
AnywhereCommerce launches Rambler 3.0 the company processed more than $30 billion in online
AnywhereCommerce unveiled Rambler 3.0, the latest transactions. Over 42 million registered users world-
iteration of its mobile POS dongle that plugs into the wide have developed websites based on Wix.com's
audio jack of tablets and smart phones. The third gen- cloud-based development platform, Digital River said.
eration of the mPOS device includes a redesigned form EPI's ProCharge receives PCI validation
factor featuring flexible clip-arms for a surer, more snug
and secure fit when attached to mobile devices, the Electronic Payments Inc. reported its flagship gate-
company said. way product ProCharge Platform achieved validation
with the Payment Card Industry (PCI) Data Security
Blackhawk reaches almost $10 billion in prepaid Standard (DSS). EPI said it made the strategic decision
loads to validate ProCharge as its own PCI DSS-approved
Safeway Inc. subsidiary and prepaid card distributor product to further legitimize and bolster the product in
Blackhawk Network reported that nearly $10 billion was the marketplace.
loaded onto prepaid cards purchased via Blackhawk's Ingenico posts 14 percent growth in 2013
gift card malls in 2013. The company said its 2013 rev-
enue was up by 21 percent from 2012. Ingenico SA said its 2013 revenue totaled 1,371 million
euros, representing a 14 percent increase. The Paris-
Emerging Payments Task Force formed based POS manufacturer said its payment terminal busi-
The Conference of State Bank Supervisors, a nation- ness accounted for 1,074 million euros; its transaction
wide organization of banking regulators (also including services arm generated 297 million euros.
Guam, Puerto Rico and the U.S. Virgin Islands), formed MasterPass allows in-app payments
the Emerging Payments Task Force. It is designed to
study changes in payment systems, such as those ini- At the 2014 Mobile World Congress, held Feb. 24 to 27,
tiated by virtual currencies like bitcoin, to determine MasterCard Worldwide reported that its MasterPass
potential impacts on consumer protections, state laws, mobile wallet now supports in-app payments. The
• Scarborough research revealed that during the past 12
months, 42 percent of U.S. adults purchased women's
business or casual clothing; of those, 10 percent spent
$500 or more.
• According to First Research, the resale industry
in the United States generates annual revenues
of approximately $13 billion and 16 percent to 18
percent of Americans shop at thrift stores during any
given year.
• A MasterCard Advisors SpendingPulse report indicated
retail sales were up 3.5 percent in January, with airlines
and lodging showing the strongest gains among sectors
tracked.
22
