The Nilson Report

Issue 1145 | Jan 2019

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Companies featured in this issue include:

Credit Card Outstandings in the U.S.

Visa Wants B2B Cross-Border Payments Company

Card Transactions Projected Worldwide

Self-Sovereign Identity Using DLT

Pine Labs Merchant Services

IATA Financial Services

Fingopay Vein ID Biometric Authentication

Ingenico ePayments in Russia

Investments & Acquisitions—December 2018

MoreFun POS Terminal

EMV Solution for Gas Pumps

JCB QR Code Payments in Asia

Citi Rewards+ Credit Card

Mastercard Streamlines Corporate Logo

U.S. General Purpose Cards, Outstandings vs. Purchase Volume

Investments & Acquisitions—December 2018

Projected Growth of Purchase Transactions Worldwide

Outstandings as a Percentage of Purchase Volume on U.S. General Purpose Cards 1990-2018

Investments & Acquisitions—December 2018

A total of 43 acquisitions, joint ventures, and investment transactions occurred in 12 countries in December 2018. The top five deals with disclosed values are listed below.

1. 1. Earthport, United Kingdom
Visa, $252.0 mil.
2. 2. Plaid, United States
Series C, $250.0 mil.
3. 3. Earnin, United States
Series C, $125.0 mil.
4. 4. Danal, South Korea
Boku, $112.0 mil.
5. 5. Cross River Bank, United States
Venture round, $100.0 mil.

Full access to the Investments & Acquisitions—December 2018 table is available when you subscribe to The Nilson Report.


MoreFun POS Terminal

The MF919 POS terminal shown here from Fujian MoreFun Electronic Technology features a 5-inch IPS (in-plane switching) color display with 720 x 1280 pixels and a multipoint capacitive touchscreen. It uses the Android 5.1 operating system, which can be updated to Android 7.0. The NFC card reader supports ISO 14443 type A/B, Mifare card, Felica, and qPBOC L1 & L2 standard. Certifications include EMV Level 1 and 2, PCI PTS 5.0, Mastercard Paypass, Visa Paywave, TQM, CE, and FCC. Audio supports voice playing and recording. 

The MF919 includes one micro USB 2.0 port. It has two cameras. The camera on the front reads barcodes and is available with optional 0.3 megapixel resolution. The 5 megapixel autofocusing camera on the back comes with an optional flashlight. 

The MF919 has built-in GPS that supports A-GPS, Glonass, and Compass. Its built-in high-speed thermal printer supports graphics printing. 

MoreFun shipped its first point-of-sale terminals in 2015. Last year, it shipped more than 2.5 million POS terminals. 

Most went to customers in China. 

MoreFun also shipped more than 2.3 million card reader dongles for smartphones and tablets last year to customers in China and other markets. 

Yuki Zhang Ying is International Sales Team Leader at Fujian MoreFun Electronic Technology Co., Ltd. in Fuzhou, Fujian, China, 86 (591) 8820-3260,,

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