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March 25, 2008

Nearly 50 Percent of US Checks Are Consumer-to-Business

The Federal Reserve’s 2007 study of the composition of the check market icon_PDF_small.gif released today shows that nearly 50 percent of checks written are consumer-to-business checks.

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EMEA POS Grows While U.S. Slows

The IHL Group has released a new study finding that 'the PC-based electronic point-of-sale (EPOS) market in Europe/Middle East/Africa experienced a 4 percent shipment increase in 2007 and continues to show strong growth potential in 2008. Taking advantage of normal cyclical upgrades in Western Europe and enjoying strong oil revenues in Russia and the Middle East, the region is poised to remain strong even while shipments slow in North America.'

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USA Technologies, ViVOtech Expand Contactless Relationship

USA Technologies and ViVOtech have announced entering into an agreement by which ViVOtech would provide 25,000 contactless/magstripe card readers for USAT’s ePort technology.

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Headline News - March 25, 2008

Note: Throughout the day, as Payments News happens, this post is updated. For job opportunities available for payments professionals, visit PaymentsJobs.com. Employers looking to hire payments professionals can post their job openings there as well.

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