Credit Cards

With fraud and identity-theft headlines appearing nearly every day, the pressure is on to offer more risk-management services at the point of sale, and this, some experts say, is leading to rising interest in POS terminals capable of operating on Internet Protocol connections. Such connections, they argue, make it easier …

A survey of more than 170 senior-level executives for electronic payments processors, networks, and online merchants at a micropayments conference held earlier this month indicates a majority of the online merchants in attendance will be selling content with a micropayments system within a year. The survey, whose results were released …

Separate studies of online transaction fraud released this week cast new light on the problem of fraudulent Web transactions. The rate of online fraud is declining, according to a survey of online merchants conducted in October by CyberSource, Mountain View, Calif., a processor of online transactions. But indirect costs resulting …

The extent to which air travelers are adopting electronic ticketing kiosks has been demonstrated in dramatic fashion by some numbers recently released by Northwest Airlines Inc., which was the first major airline to deploy the technology. Some two-thirds of the Minneapolis-based carrier's passengers used the kiosks in October, up from …

A system that allows card payments to be made at vending machines, laundry machines, kiosks, and unattended business centers is expected to expand rapidly now that the technology provider has partnered with two wireless service providers. Malvern, Pa.-based USA Technologies, which specializes in card-accepting technology for the hospitality industry and …

MasterCard is evaluating the next step for its contactless payment program following the conclusion of its PayPass test using a chip-based card in Orlando and as it nears the conclusion of a test involving the use of cell phones as a payment device in Dallas. The card company is expected …

A company offering a biometric-based technology that allows consumers to pay at the point of sale without presenting a card, keyfob, token, or any other payment media has installed a new management team and is laying plans for a major expansion in 2004. San Francisco-based Pay By Touch is running …

A service that has been in alpha test for the past three months to allow consumers to make micropayments for entertainment services is expected to be rolled out in the next month. Early participants in the service offered by Waltham, Mass.-based Peppercoin Inc. include Music Rebellion, an online service that …

Expect some unique credit card offerings in the next six to nine months now that a three-judge panel of the Second U.S. Circuit Court of Appeals has upheld an October 2001 U.S. District Court ruling allowing banks to issue American Express and Discover cards. American Express has already issued a …