Saturday , October 17, 2026

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.

Check Also

Initiatives From Mastercard And Visa Bring Stablecoin Payments Closer to the Mainstream

Two of the world’s largest payments networks early Thursday announced programs geared to bring stablecoins …