With the economy still shaky, some established online merchants are branching into new product lines in search of incremental revenue, and that can create problems if the merchants don't work closely with their acquirers, Bob Nadeau, group executive at Chase Paymentech Solutions LLC, tells Digital Transactions News. In a wide-ranging …

Various payment alternatives will continue to grow in volume and claim more share of Web-based sales, but the dramatic gains of recent years will moderate as credit cards stage a partial comeback, according to a forecast released this week. Alternative payment methods, which have proliferated in variety over the past …

Merchant e-Solutions Inc., which on Tuesday announced it is actively marketing online PIN debit to both existing and prospective e-commerce merchants, credits the deep recession of the past year or so with helping to drive merchant interest in the service. “The recession has made [online PIN debit] more important,” says …

The struggling U.S. contactless card market took another blow late last year when leading consumer-electronics retailer Best Buy Co. Inc. stopped accepting the Visa payWave contactless card, reportedly because it objected to paying Visa Inc.'s signature-debit interchange rates. Best Buy's action probably cost the retailer nothing in lost sales but …

It often seems impossible to thwart online fraudsters, but e-commerce merchants made headway in the past year, according to CyberSource Corp.'s 11th annual study of e-commerce fraud. For the first time in four years, U.S. and Canadian merchants reported a decline in the average percentage of online revenues lost to …

With the recession driving more transactions to the e-commerce channel, the ability of merchants to deliver a smooth experience from log-in to checkout has been magnified. The good news for online stores is that fewer customers are running into glitches while conducting transactions online. The bad news is that merchants …

Airlines lost more than $1.4 billion to online fraudsters in 2008, representing about 1.3% of their Web-generated revenues. Those are two key findings from a first-of-its-kind survey about air carriers' Internet-related fraud. Mountain View, Calif.-based CyberSource Corp. commissioned the survey with Airline Information LLC, which produces conferences and publications about …

The nation's largest processor of e-commerce transactions this week announced its commitment to a test involving PIN debit payments on the Internet. Chase Paymentech Solutions LLC, which processes for merchants that control more than half of all U.S. transactions on the Web, expects to sign between three and five sizable …

The U.S. alternative-payments market has already attracted a slew of startups over the past few years, and now it's drawing even more competition from overseas. Paymate Global Inc., the U.S. arm of Australian processor Paymate Pty Ltd., earlier this month completed its integration with eBay Inc.'s checkout system and joins …

Noca Inc., which this week launched a beta version of an online-payments product that relies on the automated clearing house network, plans to have a commercial service ready for launch by June, Pankaj Gupta, president and founder of the Mountain View, Calif.-based startup tells Digital Transactions News. One feature the …