Pricing

Despite low adoption so far, video delivered via mobile phones will generate $501 million in annual revenue by 2010, up from $62 million last year, according to a new study from JupiterResearch, New York. A total of 41% of cell-phone users surveyed indicated interest in receiving some form of video …

PayPal Inc.'s new payment service for mobile phones, which the eBay Inc. processing unit is expected to launch commercially within a few weeks, will have to offer more than basic person-to-person payments to be a success, one expert observer says. “I think it will need to go beyond just P2P …

More than a month after officially unveiling its much-anticipated entry into the signature-debit card market, details of Discover Financial Services Inc.'s debit card strategy remain sketchy. Discover's sales pitch to financial institutions to issue its debit cards is built around its ability to offer issuers an interchange rate that is …

In news that should interest those in the U.S electronic transactions business who are contemplating the possible effects of regulation of card interchange pricing, a new study shows that an increasing number of merchants in Australia?which three years ago introduced regulation of the fees merchants pay acquirers on card payments–are …

The wild popularity of song downloads has not only helped make a case for micropayments processing, it has drawn wireless carriers into the market with the idea that consumers will pay significantly more than the standard online rate of 99 cents per track for the convenience of loading songs over …

In three out of four European consumer tests of mobile television, more than half of the users said they'd be willing to pay for TV content on their handhelds, according to pilot results released today by Nokia, whose phones were involved in all four pilots. The sums these participants said …

Heightened tensions over interchange fees are helping to fuel expansion in the market for so-called instant issuance of payment plastics. Englewood, Colo.-based Dynamic Card Solutions, which produces software that lets banks issue Visa- and MasterCard-branded debit cards on the spot to customers, says its revenue grew 53% in 2005, without …

The battle over interchange, which has already spawned some 47 antitrust suits against the bank card networks and major banks, reached the U.S. Congress today as advocates for both retailers and banks traded sometimes barbed arguments before a panel holding a one-day hearing to look into the networks' pricing mechanism. …

In building out a network of point-of-sale readers to accept their contactless cards and tokens, banks and their card associations could be creating an infrastructure that will also support payments based on new mobile-payment technologies like Motorola Corp.'s M-Wallet software that could bypass the lucrative credit card interchange system, one …

Merchants upset about interchange pricing may or may not ultimately prevail in their pending litigation against the bank card networks, but any outcome is likely to be years away. For now, there are practical steps retailers and service providers can take to cut acceptance costs, an executive with a major …