Digital Transactions Authoritative, insightful and timely information for payments professionals
The online payment card authentication technology known as Three Domain, or 3-D, Secure, and marketed as MasterCard SecureCode and Verified by Visa, have mixed impacts on e-commerce conversion rates around the world, according to a joint study commissioned by international payment gateway Adyen and consulting firm Edgar, Dunn & Co. …
Read More »Amazon’s Apparent GoPago Deal Could Presage Move Into Brick-And-Mortar POS, Experts Say
Online retailer Amazon.com Inc. appears to have bought tablet and mobile point-of-sale provider GoPago Inc., according to a report in La Repubblica, an Italy-based newspaper. In the report, Vincenzo Di Nicola, a GoPago co-founder and its chief technology officer, says Amazon paid an undisclosed amount for the company. The article, …
Read More »Mobile Makes Cyber Monday Gains Among U.S. Holiday Shoppers
Consumers used smart phones or tablets to spend $962 million on holiday purchases across three key shopping days in the past week, further cementing the importance of these devices to retailers. n Adobe says 18.3% of online sales came from mobile devices on Cyber Monday, an 80% increase from last …
Read More »Rising with Holiday Shopping, Chargebacks Are on the Naughty List for Most Merchants
Chargebacks may not be lumps of coal, but many merchants may consider them as such this holiday season. n Chargebacks are the process by which cardholders contest charges they didn’t make or don’t recognize when they receive their statement. A chargeback filing typically requires a merchant to dig up supporting …
Read More »Despite Brand Power And a Promising Start, MasterPass And V.me Face ‘Uphill Battle’
Consumers shopping at apparel retailer J.Crew Group Inc.’s e-commerce site now can use MasterCard Inc.’s MasterPass digital wallet, marking yet another merchant signing on to the program. In October, retailers Beyond the Rack and PC World and travel companies LastMinute.com and Porter Airlines also began offering MasterPass on their Web sites. …
Read More »A Crowdfunding Niche Posts $1.5 Million in Daily Volume for PSP WePay
Crowdfunding organizations that work with payment service provider WePay Inc., and have integrated WePay’s application programming interface into their Web sites, are creating $1.5 million in daily payments for the Palo Alto, Calif.-based company. That is three times more than two years ago, WePay says. n WePay, founded in 2008, …
Read More »Retailer Beyond the Rack Signs Up for the MasterPass Online Wallet
Online retailer Beyond the Rack is among the latest retailers to accept MasterCard Inc.’s MasterPass digital wallet service on its e-commerce site, the card brand recently announced. Beyond the Rack is a members-only online retailer that sells apparel and accessories. MasterPass is a wallet platform enables mobile payments by …
Read More »A More Inclusive American Express Paints Its Serve Prepaid Card Program Blue
Taking a cue from its Bluebird prepaid card for customers of Wal-Mart Stores Inc., American Express Co. today relaunched its Serve prepaid card with new features, more reload locations, and new retailer partners along with no reload fees at 14,000 7-Eleven and CVS/pharmacy locations, and a $1 monthly fee that …
Read More »Phishing Attacks Drop, But Brand Targets Soar As Phishers Cast More Lines
Phishers are casting their lines at more brands in hopes of luring Internet users into divulging data that they can use fraudulently, according to a new study from the Anti-Phishing Working Group (APWG). According to the study, which covers the first half of 2013, criminals targeted 720 brands, up almost …
Read More »Chirpify’s New Service Extends Hashtags Beyond Social Media for Payments
Social-media payments specialist Chirpify on Thursday introduced a service that lets marketers promote hashtags on a wide variety of media to solicit purchases. The so-called action tags can appear on TV or radio commercials, in print advertising, or on billboards and then be used on Twitter, Facebook, or Instagram, the …
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