PayPal Inc. late this afternoon says it is making headway against the software glitch that has plagued its Web site since Friday, rendering it inaccessible at times for both buyers and sellers who use the PayPal electronic payment system. “We made progress today, and we've got eBay and PayPal technical …
Read More »The Sub-$2 Market Keeps Growing?at the POS As Well As Online
The number of Americans ages 12 and up who bought sub-$2 digital content online in the past year has ballooned to more than 14 million, up from 4 million a year ago, according to a survey released today. “The data suggest that the online micropayments market has grown significantly in …
Read More »NACHA Will Start Testing a New Internet Payment Type Next Spring
The National Automated Clearing House Association, Herndon, Va., is preparing to launch a test early next spring of a new electronic transaction type for payments on the Internet. The new payment category would be best suited for payments to so-called spontaneous retailing sites?those operated by hard goods merchants, rather than …
Read More »PayPal Launches First Campaign to Sign up ‘Off-eBay’ Merchants
PayPal Inc. is in the midst of rolling out its first marketing campaign to sign up non-eBay merchants for its online payment service. Dubbed “PayPal for Business” and aimed at what PayPal considers small and medium-size Internet merchants, the campaign features a telemarketing effort, a direct-mail blast, and a new, …
Read More »PINless Debit Could Crimp the ACH’s Style on the Internet
Although Internet transactions have become a highly popular form of payment on the automated clearing house network, the emergence of direct debit online may stunt the growth of Web ACH transactions, an executive with a major Internet payment processor said today. Internet payments, which the National Automated Clearing House Association …
Read More »Moneris Signs Up Peppercoin for Pint-Sized POS and Web Payments
Moneris Solutions, a major acquiring processor in North America, has become the first processor to agree to adopt Peppercoin Inc.'s latest micropayments system. Under an agreement reached this week, Peppercoin will serve as a gateway for transactions performed at both brick-and-mortar and online U.S. merchant locations and sites served by …
Read More »Authorize.net Says It Has DDOS Attack Under Control
Authorize.net, which has been the victim of a series of denial-of-service attacks since Sept. 15, says today it has implemented unspecified “industry-leading solutions” that are thwarting the assaults on its data centers, which process card transactions for more than 100,000 merchants. It also says its engineers from the start of …
Read More »ReD, I4 Commerce Sign up Finish Line, Petco for Online Payments
Retail Decisions Inc. and I4Commerce Inc. have both signed on new Internet merchants for e-commerce transaction processing. Indianapolis-based Finish Line Inc., which operates 560 stores selling athletic wear in 46 states, has signed on for ReD's ebitGuard online fraud detection service to screen for fraud on its Web site. Kent …
Read More »MasterCard Pushes SecureCode to Beat the Holiday Rush
MasterCard International expects to bring thousands of new Internet merchants into its SecureCode transaction security program by the middle of next month. The new merchant signings will result from a major push the card network is making for SecureCode among large, well-know online retailers as well as among Web hosting …
Read More »Maestro Links to SecureCode in Europe, Grows in North America
MasterCard International reports that 7 million of its 545 million debit cards linked to personal identification numbers worldwide are now enabled for use with SecureCode, the card network's security program for Internet transactions on credit and debit cards. Most of this activity is in Europe. MasterCard says some 5,800 Web …
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