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December 12, 2011

American Express Launches Payment SDKs

Amex logo 140pxAmerican Express has announced a new suite of Payment Software Development Kits (SDKs) to support direct processing of payments from vendors and merchants across the globe.

“We built our Payment SDKs with a relentless focus on improving the developer experience to help ensure that our direct connectivity partners can easily develop and integrate to American Express payment processing services,” said Patricia Partelow, Vice President, Innovative Payment Solutions at American Express. “We expect this improved experience to greatly reduce the time and complexity of certification projects and accelerate the digital payments revolution for our merchants and cardmembers.”

MoneyGram Introduces Cash-to-Account Service in China

MoneyGram logo 140pxMoneyGram International has announced a cash-to-account service with Industrial and Commercial Bank of China (ICBC), one of China’s largest banks. "With the new service, consumers can now send money directly into ICBC bank accounts in China. ICBC has locations across China and manages more than 269 million personal banking customers."

eBillme, a Western Union Company

EBillme logo 140px Judging from its website, eBillme has apparently become "a Western Union Company". Google date range searches indicate this happened sometime in the last six weeks. Things look like business as normal for eBillme buyers and sellers.

First Data Releases November 2011 SpendTrend

First data logo 140x60px First Data has released its First Data SpendTrend analysis for the full month of November 2011 compared to November 2010.

Overall year-over-year dollar volume growth was up 7.3% in November, down from October’s 9.4% growth. November 2011 had tough comparables as November 2010 was a particularly strong month, with dollar volume growth up 8.1%. November 2011 transaction growth was 6.1%.

SpendTrend tracks same-store consumer spending by credit, signature debit, PIN debit, EBT cards and checks at U.S. merchant locations.

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