Thursday , November 14, 2024

Search Results for: retail

Eye on EMV: Terminal Hiccups, Petroleum’s Challenge, And a Dual-Interface Future

Of the challenges presented by the U.S. payments systems’ transition to the EMV chip card standard, one of the least reported is confusion among both consumers and merchants  caused by the sudden appearance of puzzling terminal messages. Meanwhile, new numbers indicate petroleum marketers face a daunting challenge meeting their October …

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A Trip To 7-Eleven To Buy Snacks and Gas Can Now Include Paying Taxes—in Cash

With the April 18 tax-filing deadline bearing down, a new cash-payment option from the Internal Revenue Service and payment processors PayNearMe and Official Payments lets consumers pay federal income taxes in cash at 7-Eleven convenience stores—and if there’s any money left, they can ease the pain with a Slurpee. PayNearMe, …

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Trump Links Money Transfers to His Mexico Wall and other Digital Transactions News briefs

•  PayPal Holdings Inc. will not follow through on plans announced two weeks ago to expand in Charlotte, N.C., and add 400 jobs because of North Carolina’s recently enacted House Bill 2, which PayPal says “perpetuates discrimination and it violates the values and principles that are at the core of …

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Amazon Uncloaks E-Commerce Developer Payments Program

E-retailing giant Amazon.com Inc. unveiled an e-commerce developer program Monday designed to spread Amazon’s payments service across more shopping sites. Dubbed the Amazon Payments Partner Program, the invitation-only program targets e-commerce developers and platform providers to help them add a pay or Amazon log-in button to their checkout pages. Already, …

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How EMV-Related Chargebacks Drove Florida Merchant Duo to Sue Networks And Issuers

The Florida merchants that sued all the major card networks and eight of the 10 largest bank issuers last month saw no other way to deal with the flood of chargebacks they incurred after the EMV liability shift, according to a top executive with one of the merchants and an …

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ENABLING THE NEXT ERA OF PAYMENT INNOVATION

    Disruptive technologies, computer security, and global standards are poised to enable secure, seamless digital operations—supporting new payment models, while addressing risk. Today’s Challenges There’s no question that the payment and transaction landscape is complex, touching everyone from consumers, solution providers, and merchants to payment networks and banks. Regulatory …

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Lots of Headaches From Data Breaches, but Few Lawsuits, a Law Firm’s Study Finds

A new report about data breaches from a law firm that analyzed compromises affecting more than 300 of its clients in 2015 has some unique perspectives that supplement findings from data-security technology firms such as Mandiant and Trustwave or telecommunications giant Verizon, all of which have produced widely read summaries …

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A Rude Awakening

Jolted by some shocking failures over the past several months, the mobile-acceptance market is fast shedding its early euphoria. What are the prospects for mPOS now? As boardroom dramas go, it seldom gets more compelling than this. In February, news suddenly emerged that Powa Technologies Ltd., a high-flying London-based startup …

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Near Field of Dreams

Remember when NFC was a dead letter in payments? Well, it’s undergoing quite a resurrection, thanks to EMV and mobile wallets like Apple Pay. When Apple Pay burst upon the payments scene 18 months ago, the way it allowed iPhones to connect instantly with point-of-sale terminals seemed like something fresh …

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Enlisting Resellers in the Security War

A grassroots campaign is under way to educate payment-application resellers and integrators about data-security best practices. Will costs prove to be a barrier? Data breaches at small merchants may not grab the headlines that hacks at huge chains such as Target Corp. do, but make no mistake, small merchants are …

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