Thursday , March 28, 2024

News

March, 2012

  • 13 March

    PayPal Lifts the Curtain on an Overhauled Wallet As Rumors Swirl About a Mobile Dongle

    With rumors swirling that it is close to launching a mobile-acceptance device for small merchants, PayPal Inc. on Tuesday unveiled a digital wallet that offers a raft of new features at a time when major rivals like Google Inc. and Visa Inc. are introducing new wallets. PayPal’s product, which it …

  • 9 March

    Consumers Look to Tech Firms for Innovation But Place Their Trust in Banks

    Countless news reports have reported or speculated about what Google Inc., Apple Inc., Amazon.com Inc., and Facebook Inc. have done or might do in mobile payments. Consumers, however, don’t rate these four companies as highly as they do their own banks or traditional payment companies in trustworthiness involving their financial …

  • 9 March

    Citing Time Pressures, the ETA Asks Visa to Delay New Acquirer Fee

    Accusing Visa Inc. of a “lack of regard” for its members, the Electronic Transactions Association merchant-acquiring trade group sent a letter to the card network March 7 asking that it delay implementation of a new fixed fee until acquirers have time to reprogram their back offices and make other adjustments. …

  • 7 March

    Merchant Processor Heartland Deepens Its Roots in Crowded Mobile-Apps Business

    n The earliest players in the increasingly crowded market for mobile-acceptance applications were software and hardware providers like Intuit Inc., Square Inc., and VeriFone Systems Inc. Lately, though, merchant processors like North American Bancard and Heartland Payment Systems have been getting into the game. n Heartland, which released an Android …

  • 6 March

    Handset Users Indicate Tepid Interest in Mobile Payments As Programs Launch

    Experts may well have proclaimed 2012 to be the Year of Mobile Payments, what with digital wallets and other product introductions proliferating seemingly by the day, but at least some researchers are starting to ask a key question: Do consumers really want mobile payments? According to preliminary data, the answer …

  • 6 March

    With North America Gearing up, Global Chip Card Shipments Crack 1-Billion Mark

    Surpassing the 1-billion mark for the first time represents “a real milestone for the industry,” Brian Russell, an SPA representative, said on Monday at the Cartes North America conference in Las Vegas. Russell is a senior vice president at Giesecke & Devrient, one of the SPA’s members. The other five …

  • 5 March

    Eye on Mobile: Square Enhances Square Register; Isis Enlists Terminal Makers

    n Square Inc. kept up the pressure on the traditional merchant-acquiring industry on Monday by introducing a souped-up version of its iPad app for brick-and-mortar merchants called Square Register with enhanced business-management functions. Meanwhile, the Isis mobile-payments venture announced it has struck deals with the major U.S. point-of-sale terminal makers …

  • 5 March

    VeriFone Isn’t Losing Sleep Over Competition From Upstart Square

    n n Competition from Square? No problem, according to VeriFone Systems Inc. chief executive Douglas G. Bergeron. n “We’ve had competitors for 30 years,” Bergeron said in response to an analyst’s inquiry about how he sees the competitive risk to VeriFone, the leading U.S.-based point-of-sale terminal maker, from Square Inc., …

  • 2 March

    Merchant Group Lays Plans for Retailer-Controlled Mobile Payments, With or Without NFC

    Dissatisfied with the current crop of mobile-payments systems from tech companies, cell-phone providers, card networks and banks, a group of U.S. retailers is embarking on its own plan to bring smart-phone payments to their customers. The merchants stress that their venture will not necessarily be based on near-field communication (NFC), …

Digital Transactions