Thursday , November 14, 2024

Search Results for: real-time payments

Gasoline Marketers Underwhelmed by New Visa Interchange Rates

With complaints from fuel marketers reaching a crescendo, Visa Inc. introduced on Thursday a sweeping new credit and debit card interchange rate structure for gasoline that leaves sellers better off for many consumer credit card transactions over $30. In conjunction with the new rates, the card network also announced it …

Read More »

How Customer Research Can Sort Out Alternative Payment Choices

Online sellers trying to sort out the plethora of alternative-payments choices?and make decisions regarding which, if any, to accept?should begin by asking questions about what business problems they are trying to solve, a retail executive said at an e-commerce trade show on Wednesday. “Once you understand what problem you're trying …

Read More »

A Fast Start for Online Resources’ Expedited Bill-Pay Offering

Internet banking and bill-payment services provider Online Resources Corp. this week unveiled its expedited bill-pay service for financial institutions and walk-up providers to offer to consumers and small-business users, ratcheting up rivalries in the fast-growing realm of last-minute payments. While the expedited bill-pay market has some bigger competitors, including Fiserv …

Read More »

A Renewed Effort at ACH-Based Driver’s Licenses Maps Its Plans

A veteran of previous efforts to turn driver's licenses into payment cards is working with the operator of an online consumer-loyalty network on a plan intended to introduce automated clearing house transactions tied to shoppers' driver's licenses at brick-and-mortar stores by 2009. Linda Bryant, who has formed a processor called …

Read More »

Pulse Takes Aim at the ACH with New Recurring PIN-less Service

Pulse EFT Association LP, which has become the latest electronic funds transfer network to introduce a commercial PIN-less debit service that allows cardholders to make recurring payments to certain billers, sees the service as a way to take payment market share from the automated clearing house network. “It's a great …

Read More »

PayPal Courts Businesses with Incentives And New Technology

PayPal, the online payment service of Internet auctioneer eBay Inc., has taken two more steps in its effort to diversify its transaction base beyond the eBay fold. This week it announced it would use IP Commerce Inc. technology to enable small businesses to easily send invoices and receive payment through …

Read More »

Chockstone Bought Peppercoin for Card-Linked Loyalty Offerings

Chockstone Inc., a provider of customer loyalty marketing programs and stored-value solutions acquired Peppercoin Inc. for its card-processing and transaction-aggregation expertise, Chockstone’s top executive tells Digital Transactions News. The acquisition of Peppercoin, which will be merged into Chockstone, will allow the loyalty-marketing company to expand its offerings, says Jeff Lipp, …

Read More »

Obopay Says Response ‘Super Positive’ for New M-Commerce Platform

Mobile-payments processor Obopay Inc. expects to have at least 20 merchants accepting transactions through its new platform by the end of the year, a top executive with the Redwood City, Calif.-based company says. Obopay introduced its so-called mobile merchant platform, which extends the 2-year-old processor's reach beyond person-to-person payments into …

Read More »

NACHA Greets Debut of BOC with Cautious Expectations

Today, the much-heralded back-office conversion electronic-check code goes live on the automated clearing house network. But rather than throw a huge birthday party, executives of the ACH's governing body, NACHA?The Electronic Payments Association, and banks are marking BOC's debut in a decidedly low-key manner. BOC will allow retailers and other …

Read More »
Digital Transactions