Thursday , March 28, 2024

Search Results for: ISOs

Cover Story: Digital Transactions – 10th Anniversary Issue

A Look Back And a Provocative Look Ahead Welcome to an anniversary party— one played out not in a ballroom or country-club drawing room but in pages of cold print. The milestone we are marking is our 10th anniversary of publishing Digital Transactions, an enterprise we rather immodestly think of …

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Endpoint: Better Get Moving on Integrated Shopping

Integration of in-store, online, and mobile shopping makes for a much quicker and more convenient shopping experience. It’s what consumers are beginning to expect and demand. Too few ISOs have progressed beyond the basics of POS technology, says Rick Berry. Rick Berry is chief executive of American Bank Card Processing …

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Reflecting Acquiring-Industry Changes, the ETA Rebrands Its Annual Conference as ‘Transact’

For more than 20 years the Electronic Transactions Association’s conference has been known as the “ETA Annual Meeting & Expo.” But next spring the merchant-acquiring industry’s biggest gathering will be known as “Transact 14: Powered by ETA.” The rebranding around the “Transact” name, according to ETA chief executive Jason Oxman, …

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Trends & Tactics: Feeling Insecure? It’s No Wonder

If a recently released annual survey is any indication, small merchants remain unconvinced they are vulnerable to data breaches, pay far too little attention to security, and regard PCI simply as a cost item. “We still see drastic deficiencies in the number of merchants who think they’re at risk,” says …

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Acquiring: The Baby And the Bath Water

Linda Punch The Federal Trade Commission wants to outright ban four payment methods used by legitimate telemarketers and fraudsters alike. That would shut off a significant source of transactions for at least some merchant processors. Alternative payment methods such as remotely created checks have become increasingly popular over the past …

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Cover Story: Targeting the Traditional POS

By Kevin Woodward With the invasion of smart phones and tablets, the iconic payment terminal—and the entire point of sale—is getting a new look. Are the traditional terminal’s days numbered? Perhaps no other device serves as an icon of the payments industry like the point-of-sale terminal. Sitting on a merchant’s …

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Despite Signs of Progress, Small Merchants Still Lag on Risk Assessment And PCI

Coming on the heels of the release last week by the PCI Security Standards Council of a revised Payment Card Industry data-security standard (PCI) is a report Tuesday that shows how much progress small merchants are making in locking down card data—and how painfully slow much of that progress has …

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A New Harbortouch POS Terminal Incorporates EMV and NFC Payments

  Independent sales organization Harbortouch has released a new payment terminal that incorporates near-field communication, a smart card reader and a magnetic-stripe reader. Dubbed Perkwave, the terminal, which carries no cost except for transactions processed through it, includes a contactless card reader adorned with a consumer-facing display. Point-of-sale device maker …

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Acquiring: The Zero Option

Kevin Woodward Tech players that have entered payments aren’t looking to make their living from transaction fees. That may put traditional acquirers on edge, but two can play this game. For as long as anyone can remember, electronic transactions have carried fees for processing. These fees have excited plenty of …

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Security: Peace of Mind: Is It Worthwhile?

Jim Daly Data-breach insurance has become a mainstream product in the merchant-acquiring business, but some executives say PCI compliance and diligent security practices negate the need to buy coverage. What’s next? The unnerving reality that credit and debit card-accepting merchants and their processors can have their computer systems hacked spawned …

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Digital Transactions