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NEWS

Here are the latest stories from Digital Transactions News. For access to all stories published in the newsletter since its inception, you are invited to visit our Archive.



CFPB Rules May Aid Larger Prepaid Card Issuers: Report
Nov. 25, 2014 - By Kevin Woodward The 870-page tome of proposed rules issued Nov. 13 by the Consumer Financial Protection Bureau to govern prepaid cards may end up benefit...

E-Commerce Spending for November Up 11% Over 2013, comScore Reports
Nov. 25, 2014 - By Digital Transactions News Staff Electronic-commerce spending from work and home desktop computers from Nov 1-23 hit $17.5 billion, up 11% from $15.8 billion in t...

Merchants May Need a Map To Navigate Multiple Token Schemes: Analyst
Nov. 25, 2014 - By Kevin Woodward No doubt merchants and the payments industry understand the value of removing valuable cardholder data from merchant payment systems via ...

Three Years After Durbin, Debit Pricing Flaw Still Drives up Cost for Small-Ticket Sellers
Nov. 24, 2014 - By John Stewart Three years after the Durbin Amendment took effect, the law’s painful impact on the cost of selling soda, candy, newsp...

Gift Cards Top Holiday Wish Lists, With Total Spending Estimated at $31.74 Billion
Nov. 24, 2014 - By Kevin Woodward Consumers want gift cards this holiday season, but are reluctant to ask for them, finds a survey from CashStar Inc., a Portland, Maine-ba...

Stress on Data Helps Swipely Hit $4-Billion Mark in Processing Volume
Nov. 21, 2014 - By Kevin Woodward Merchant-services provider ...

OrderWithMe Debuts Service To Help Small Merchants Counter Showrooming
Nov. 21, 2014 - By Kevin Woodward Consumers walking around stores with their smart phones in hand often send a potentially troublesome signal to many retailers. The shoppe...

MasterCard: Sub-Merchants Don’t Need To Own Accounts Until Volume Hits $1 Million
Nov. 21, 2014 - By Jim Daly In what observers say indicates a growing acceptance of merchant aggregation by payment networks, MasterCard Inc. has increa...

USA Technologies Clinches a New Interchange Deal With Visa for Debit And Credit
Nov. 21, 2014 - By John Stewart USA Technologies Inc. on Friday announced it had secured a three-year agreement with Visa Inc. that will allow the supplier of payments tec...

Intuit Adds Cloud POS to QuickBooks Online In a Tie-Up With Revel Systems
Nov. 20, 2014 - By John Stewart With its clients going increasingly mobile, Intuit Inc. knew it needed a point-of-sale payments solution for its cloud-b...

Canadians Eschew Mobile Payments, For Now: Survey
Nov. 20, 2014 - By Kevin Woodward Mobile payments in Canada only garner 2% of all consumer purchases, finds a study from research firm ...

How Two Payments Analysts Challenged ‘Settled’ Wisdom About EMV And Online Fraud
Nov. 20, 2014 - By John Stewart At trade show after trade show, and in article after article, payments-industry executives have heard for years now that...



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