Wednesday , December 12, 2018

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December, 2018

November, 2018

  • 26 November

    A Fraud Spike at Venmo Vexed PayPal Just As the Company Sought Venmo Revenue

    PayPal Holdings Inc. has been trying to make money off of its highly popular but free peer-to-peer payments service, Venmo, but over the weekend a report emerged indicating a surge in fraud could have complicated that effort. Venmo sustained a transaction loss rate of 0.40% in March, up from 0.25% …

  • 7 November

    Pay-at-the-Table Comes to a Restaurant Group With Ingenico Devices

    A restaurant franchiser is deploying Ingenico Group point-of-sale terminals as part of a migration to pay-at-the-table payment acceptance at its TGI Friday’s and Zinburger Wine and Burger Bar locations, Ingenico announced Wednesday. The deal ultimately will see pay-at-the-table service, where the server brings the POS terminal to diners at their …

October, 2018

September, 2018

  • 28 September

    Behind the ETA’s Self-Regulation Program for ISOs, Acquirers, and Payment Facilitators

    The word “regulation” generates little enthusiasm in the merchant-acquiring industry, but it’s more palatable when “self” is the operative adjective rather than “government.” Thus, the Electronic Transactions Association is pushing its new Self-Regulation Program for acquirers, independent sales organizations, and payment facilitators. Launched early this month, the voluntary program requires …

  • 25 September

    Visa Begins a U.S. Contactless Payments Push Again. This Time the POS Hardware Is in Place

    It’s another go-around for contactless payments as Visa Inc. prepares an extensive campaign involving issuers, merchants, and consumers to push use of the payment method. The card brand on Tuesday debuted an infographic on contactless payments from across the globe, and touted the preparedness of the U.S. market for the …

  • 21 September

    How iZettle Could Boost PayPal’s Long-Held Strategy to Embrace the Physical Point of Sale

    For years, PayPal Holdings Inc. has worked to expand its reach to physical merchants, and now, with the closing on Thursday of its $2.2 billion acquisition of Stockholm-based iZettle AB, the digital-payments company is taking a significant step in achieving that ambition. At a stroke, the acquisition brings to PayPal …

  • 17 September

    As Transaction Volume Grows, NACHA Smooths out the Road for Same-Day ACH

    With volume building for same-day processing of automated clearing house items, the regulatory body for the extensive ACH network announced Monday a trio of enhancements aimed at, among other things, raising the dollar limit on the faster transfers and making credit funds available faster during the processing day. The changes, …

  • 12 September

    Global Mobile Contactless Payments To Hit $1 Trillion by 2022, Researcher Predicts

    Mobile contactless payments are growing at a nearly 31% compounded annual rate and will exceed $1 trillion worldwide by 2022, according to a new forecast from 451 Research. The prediction is contained 451’s Global Unified Commerce Forecast, which estimates that total online commerce accounts for about 10% of purchases currently, …

  • 7 September

    Data Breaches Register on the Stock Market, Too, And Payments Firms Are Hardest Hit

    Data breaches bring a slew of bad consequences for the victim, not the least of which are the costs of lost business, remediation, and, possibly, litigation. But for publicly held entities, there’s an additional risk: a lasting hit to the share price. For 24 companies whose shares are traded on …