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Middle East/Africa Payments Over the Visa Network and Expand Paypal’S Reach Into In-Store Sales in the U.S

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Middle East/Africa Payments Over the Visa Network and Expand Paypal’S Reach Into In-Store Sales in the U.S FOR 45 YEARS, THE LEADING PUBLICATION COVERING PAYMENT SYSTEMS WORLDWIDE JULY 2016 / ISSUE 1091 Visa/PayPal Partnership A new agreement between Visa and PayPal will send more card Middle East/Africa payments over the Visa network and expand PayPal’s reach into in-store sales in the U.S. PayPal will no longer solicit consumers Purchase Volume 2015 vs. 2014 > see p. 12 Market Shares Mastercard to Purchase VocaLink Mastercard will acquire 92.4% of U.K.-based real-time payments 57% 39% 3% 1% specialist VocaLink for $920 million (£701 million). That company’s current shareholders could receive up to an additional > see p. 6 Visa Mastercard Amex Diners Gemalto/Worldline Mobile Card Partners Change in Worldline provides end-to-end account processing services to Basis Points +63 +5 payment card issuers in Europe and Asia. Through a partnership with Gemalto, Worldline will support card issuer participation in –52 –17 > see p. 9 Installment Payments for Mobile Web Purchases Providing consumers the opportunity to make installment Purchase Volume ($Bil.) payments for items that range in value from $100 to more than $10,000 is the business of Affirm, an online acceptance mark. ‘14 153.5 Visa• ‘15 175.3 > see p. 10 Mastercard• ‘14 102.6 Masterpass Goes Omnichannel ‘15 120.2 • ‘14 7.2 Since Masterpass, Mastercard’s digital payment service, was Amex ‘15 7.8 © 2016 launched in 2013 for ecommerce, it has grown to be a merchant ‘14 3.1 The Nilson Report Diners• ‘15 3.7 acceptance mark available at 270,000 online and in-app sellers > see p. 5 Top 50 U.S. Prepaid Card Issuers Middle East/Africa Cards — 2015 The 50 largest issuers of Visa, Mastercard, and Discover brand Visa, Mastercard, American Express, and Diners Club general purpose prepaid cards in the U.S. accounted for $145.03 brand credit, debit, and prepaid cards issued in the Middle billion in purchase volume at merchants in 2015, an increase of East and Africa region generated $839.93 billion in total > see p. 8 volume in 2015. Total volume, which includes purchases for goods and services combined with cash transactions at Top U.S. Consumer Credit/Debit Issuers ATMs and over the counter at branches, increased 14.3% The largest U.S. issuers of Visa and Mastercard credit and debit/ from 2014. Purchase volume for goods and services only prepaid cards based on consumer purchase volume in 2015 are from these general purpose card brands grew 15.2% to shown on the table on page 7. Purchase volume does not include $306.98 billion. Cash volume of $532.95 billion accounted for > see p. 7 > see p. 10 INSIDE 2 – 4 Fast Facts CHARTS 7 Largest U.S. Issuers of Consumer 10 Purchase Transactions on Cards 5 Kerv Contactless Payment Visa and Mastercard Cards — 2015 Issued in Middle East/Africa Ring 8 Prepaid Cards in the U.S. — Top 11 Middle East/Africa General Purpose 6 Mastercard’s New Look Issuers in 2015 Cards 2015 vs. 2014 © 2016 HSN Consultants, Inc. THE NILSON REPORT VISIT US ONLINE AT WWW.NILSONREPORT.COM VERIFONE has launched Curb, a ride-hailing app for taxis TABLESAFE’S patented RAIL 2 payment system for in New York, Philadelphia, Miami, Ft. Lauderdale, San Jose, restaurants has received PCI PTS certification. RAIL accepts and the Washington, D.C. area. Now live in 65 cities, Curb mag-stripe, EMV (chip and signature, and chip and PIN), connects more than 50,000 taxis and 100,000 professional NFC (Apple Pay, Android Pay), QR/UPC code, and payment taxi drivers. Amos Tamam is SVP, Global Taxi Systems at card network mobile payment applications. Steve McKean is Verifone, (917) 359-1984, [email protected], President at Tablesafe, (206) 516-6100, smckean@ www.gocurb.com. tablesafe.com, www.tablesafe.com. FIFTH THIRD BANCORP has joined the Allpoint Network, WEX, provider of corporate payment products, has the world’s largest surcharge-free ATM network, adding concluded an agreement with global insurance technology FAST 43,000 new ATM locations across the United States for provider Aquarium Software, which specializes in niche the bank’s customers. Chad Borton is EVP and Head of the sectors including pet, travel, and gadget. WEX virtual pay- FACTS Consumer Bank at Fifth Third Bancorp, (513) 534-0630, ment products are available in 45 currencies and are used in [email protected], www.53.com. Bill Knoll is EVP and 190 countries. Renata Caine is VP, Virtual Payments at WEX, JULY 2016 Managing Director at Allpoint, (832) 308-4259, bknoll@ (650) 954 8154, [email protected], ISSUE 1091 allpointnetwork.com, www.allpointnetwork.com. www.wexvirtualpayments.com. ELAN FINANCIAL SERVICES, a division of U.S. Bank, SEQUENT SOFTWARE has received Payment Card No paid provides ATM and debit processing to banks and credit Industry Data Security Standards (PCI-DSS) Version 3.1 for advertising. unions. It has launched a suite of mobile services that allow Service Providers Level 1 certification. Lance Johnson is No sponsored cardholders to control how their debit card can be used, Chief Security Officer at Sequent, (650) 241-3765, content of including turning off their card if it is misplaced, setting [email protected], www.sequent.com. location controls to indicate where the card can be used, re- any kind. Ever. FIRST DATA has given Class B+ certification on its Omaha stricting online purchases, setting spending restrictions, and platform to payment acceptance software from Ingenico more. Troy Cullen is President at Elan Financial Services, It is never Group that supports EMV Tip Adjust and Common AID for (630) 443-3238, [email protected], www.elanfs.com. permissible for PIN-based transactions. Bernie Frey is SVP of Indirect Sales, subscribers to THE U.S. PAYMENTS FORUM is the new name for US at Ingenico Group, (678) 456-1822, bernie.frey@ forward or print the EMV Migration Forum. The U.S. Payments Forum will ingenico.com, www.ingenico.com. this issue. Doing address payment technologies that protect the security of, BANK OF THE WEST, the 25th largest debit card issuer so violates and enhance opportunities for, payment transactions within and 57th largest credit card issuer on the Mastercard and the U.S., including EMV chip technology, tokenization, copyright laws. Visa networks, will offer cardholders a mobile wallet in card-not-present transactions, point-to-point encryption, partnership with Mastercard. The bank will also give card- and mobile and contactless payments. Membership includes holders access to Masterpass, Mastercard’s global digital global and domestic payment networks, card issuers, pay- payment service. Paul Appleton is EVP, Consumer Banking ment processors, merchants, acquirers, vendors, and others. Product and Payment Solutions at Bank of the West, Randy Vanderhoof is Director, (609) 587-4208, rvanderhoof@ (925) 942-8300, [email protected], us-emvforum.org, www.emv-connection.com. www.bankofthewest.com. Conferences & Seminars Mobile Payments Conference 2016 (MPC): 2016 WSAA Annual Conference: September SCA – Security of Things 2016: October 18- August 29-31, 2016. The Renaissance Chicago 14-15, 2016. The Hyatt Regency Scottsdale 19, 2016. The Hilton Rosemont/Chicago O’Hare, Downtown Hotel, Chicago, Illinois. Estimated Resort & Spa at Gainey Ranch, Scottsdale, Rosemont, Illinois. Estimated attendance: 300- attendance: 300. Cost for the three-day Arizona. Estimated attendance: 1,000. Cost for 350. Cost for the two-day conference is $795 conference is $899 until August 28 ($999 after the two-day conference is $99. Contact until August 31, then $895 until October 8, then that). Subscribers to The Nilson Report will Xavier Ayala, President & CEO, (707) 445-5401, $1,045 after that. Subscribers to The Nilson receive a 20% discount. (Use code [email protected]. Register at Report will receive a 20% discount. (Use MPC16NIL.) Contact Robin Albright at www.westernstatesacquirers.com. code NILSDISC.) Contact Bryan Ichikawa MP Associates, (303) 530-4562, robin@ at SCA, (703) 582-7862, bichikawa@ mpassociates.com. Register at smartcardalliance.org. Register at www.mobilepaymentconference.com. www.sca-securityofthings.com. 2 VISIT US ONLINE AT WWW.NILSONREPORT.COM Order Back Issues / Preview Upcoming Conferences / View Newsletter Archive 1 VISIT US ONLINE AT WWW.NILSONREPORT.COM Order Back Issues / Preview Upcoming Conferences / View Newsletter Archive 8th Edition SURETAP a mobile payment venture in Canada of mobile network operators (MNOs) Bell, Telus, Koodo, and Virgin, has been shut down. Softcard in the Figures U.S. and Semble in New Zealand, mobile payment ventures of MNOs, also include shut down this year. cards in 1,050 AMERICAN EXPRESS SERVE, a reloadable prepaid account that offers circulation free direct deposit, online bill pay, and ATM withdrawals (24,000+ MoneyPass and spending Card Issuers locations), will be used by Marketing Innovators, a global incentive company Credit 275 to disburse payments, commissions, incentives, rewards, and expense reim- bursements. Stefan Happ is EVP, Alternative Payments at American Express, & Debit Merchant (212) 640-2000, [email protected], www.americanexpress.com. Card Issuers AcquirersRichard Blabolil is President at Marketing Innovations, (847) 696-1111, in 115 [email protected], www.marketinginnovators.com. Countries “CONTACTLESS EMV PAYMENTS: BENEFITS FOR CONSUMERS, from all World WorldwideMERCHANTS AND ISSUERS” is a new white paper created by the Smart Regions Card Alliance’s Payments Council. It can be downloaded at http://www.smartcardalliance.org/publications-contactless-emv-payments- benefits-for-consumers-merchants-and.issuers/. Asia/Pacific, a 2016 Nilson Report Publication manner is a copyright violation subject to substantial fines. substantial to subject violation copyright a is manner United States, any in document this of portion any of dissemination or reproduction allowing or Reproducing www.nilsonreport.com/specialreport. REPORT, NILSON THE 2016 Inc. Consultants HSN © IDSCAN.NET, provider of cloud-based ID scanning applications called VeriScan Online and VS Max, now offers fully integrated payment processing.
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