Verifone Launches Victa Device Portfolio

New mobile, portable and reader devices from POS terminal manufacturer Verifone were designed to serve multiple use cases and a variety of merchant sectors. These devices will be sold under the Verifone Victa brand to independent software vendors (ISVs), independent sales organizations (ISOs) and acquirers, as well as directly to merchants, in all world regions.

Discover Financial Services Results—2024

Total credit card volume (purchases and cash advances) was $224.58 billion for Discover Financial Services (DFS) in 2024, a decline of 3.5%. Cash advances were 5.49% of total volume, down from 6.39% in 2023. Outstanding credit card receivables at year-end 2024 were up 0.5% to $102.79 billion.

Acquirers and ISOs Can Provide Rewards to Merchants

Tuzo’s rewards platform assigns points based on the purchase volume of every credit card payment merchants accept. Points can be redeemed for travel, prepaid cards, electronic devices, vacation destinations and luxury goods.

Worldwide Card Acceptance Locations for Global Brands — Midyear 2024

Card-not-present and card-present locations grew by double digits over the last 12 months. Card-present growth was fueled by softPOS—the use of smartphones and tablet devices, mostly Android-based—that can accept card payments without the need for any PCI-compliant peripheral device.

Lakala is Top PSP for Card Payment Acceptance in China

Among all PSPs in China, Lakala ranks as the largest when measuring card transactions processed. Card brands accepted include UnionPay, Visa, Mastercard, American Express, JCB and Discover. Financial settlement with merchants for all card brands is made through UnionPay.