JPMorgan Chase & Co. has installed contactless payment technology in the cobranded Visa credit card it issues with United Airlines Inc. The new card, said to be the first airline loyalty card to feature the technology, is part of an ongoing launch the bank has conducted since May of cards …

Online Resource Corp. next month will begin a pilot of an online merchant database it hopes will allow issuers to resolve consumer questions regarding card payments, stopping them from becoming expensive retrieval requests and chargebacks. The new service will be tried out with an unnamed top-five debit card issuer, the …

In a sign that independent sales organizations specializing in e-commerce are achieving a higher profile, e-onlinedata said today it has signed up its 2,500th reseller. It also estimates it will pay out more than $1.5 million in bonuses and residuals over the next year. Resellers for e-onlinedata, which is itself …

Customer incentives represent a growing new niche for gift cards, according to the results of a new survey. Of some 68 decision-makers canvassed, 52% said they are likely to offer gift cards as a customer incentive in the next 12 months. Of all industries represented in the survey, restaurants represent …

Signature-based debit continued to grow at double-digit rates in the second quarter, as indicated by statistics released today by MasterCard International. Total MasterCard signature, or off-line, debit volume hit $48 billion in the U.S., up 32.3% over the same period last year. The point-of-sale component of this activity was $29.1 …

As the number of headlines about database breaches grows, so too does the number of lawsuits filed in response, as well as the amount of legislation aimed at better protecting consumer data. Several suits have already been filed in the wake of recent thefts of card data at Columbus, Ohio-based …

The fallout from the largest data-security breach yet in the electronic payments business continues, with rival processors looking to pick up new merchants now that both Visa U.S.A. and American Express Co. have said they are terminating CardSystems Solutions Inc. as a processor on their networks. CardSystems' list of clients …

In a move that apparently took troubled processor CardSystems Solutions Inc. by surprise and is likely to cripple the company, Visa U.S.A. has terminated CardSystems as a processor and agent on its network, effective Oct. 31. In a statement issued yesterday, Visa says it is taking the action because the …

Starting Aug. 19, sellers on eBay that accept payment through PayPal Inc.?as virtually all eBay sellers do–will have to accept all forms of funding, including credit card funding, eBay Inc. announced Friday. Currently, eBay sellers have the option of maintaining personal PayPal accounts on eBay, which allow them to refuse …

The huge theft of card data at processor CardSystems Solutions Inc., revealed last week by MasterCard International, has prompted litigation and drawn the attention of most of the state attorneys general, but at least one network-security expert cautions that more such incidents are likely. Indeed, he says, little is likely …