Friday , November 22, 2024

A Mobile Card Reader Forecast and other Digital Transactions News briefs

• Technavio, a London-based technology-research firm, forecasts the global market for mobile card readers will grow at a 54% compound annual rate between 2017 and 2021.

•  InterContinental Hotels Group, parent company of more than 5,000 hotels worldwide including Holiday Inn, says it is investigating claims of a possible credit card data breach at some U.S. locations, KrebsOnSecurity reported.

• Terminal maker PAX Technology won a contract with China UnionPay Merchant Services to supply payment devices to more than 6 million merchants over the course of 2017.

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