Monday , October 28, 2024

Search Results for: merchants

First Data, Square Mull IPOs

PayPal Inc. may soon be joined by leading payment card processor First Data Corp. and upstart merchant processor Square Inc. as the newest members of the club of publicly traded payments companies. In a long-anticipated move, First Data filed a registration statement July 20 for an IPO. The filing gave …

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One Tap, Many Questions

  In-app payments appear to be the long-sought answer to dismal conversion rates on mobile devices. But are consumers as comfortable with this payment method as many may think? In-app payments, long used by mobile-gaming companies to enable consumers to buy digital goods, suddenly gained more notoriety following the 2014 …

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EMV’s Signature Moment

While PINs are more secure, signatures are by far card issuers’ preferred authentication method for U.S. EMV credit cards. Why? By the time you read this, the big EMV deadline will be anywhere from 15 to 30 days away. Yet, with so little time remaining, the effort to implement the …

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Juggling Risk And Faster Payments

In the push to speed up settlement, banks must take care not to lose sight of the implications for fraud, compliance, and consumer satisfaction. In a world where there is almost nothing that cannot be done directly from a smart phone, there is a growing expectation among consumers for immediacy. …

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Partnerships Will Fuel the Tablet Takeover

Making mobile POS work seamlessly for merchants of all sizes is a daunting job, one best tackled by partnering with multiple specialists, says Paul Rasori. A recent IHL report projects significant growth in the tablet point-of-sale market through 2019, upwards of a 27% compound annual growth rate. To those of …

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Android Pay Is Very Close to Launch, a Google Executive Declares

By John Stewart Ever since Google Inc. announced its Android Pay mobile-payments service a little more than three months ago, the online search giant has been mum about when the service will be launched. But a Google executive on Tuesday hinted in a public forum that the launch is likely …

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Eye on Regulation: Updated List Shows Heavy Activity in the U.S., EU and Malaysia

A new update of a list detailing where public authorities have intervened in payment card merchant pricing and rules shows only one country, Malaysia, was added over the past year, but authorities took new regulatory measures in places on the predecessor list, particularly the European Union and the United States. …

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Separate But Tied Together: Why eBay Is Dropping Non-PayPal Payment Methods

By John Stewart PayPal Holdings Inc. and eBay Inc. went their separate ways just 45 days ago, but already the fallout from that split is beginning to make itself felt. EBay is telling sellers on its main online marketplaces that starting Sept. 27 it will stop supporting three electronic payment …

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Lost Sales From Unfounded Rejections Dwarfs Actual Fraud Losses, Report Says

While a seemingly unending rash of data breaches has payments players scrambling to adopt a panoply of fraud-fighting technologies, little attention has been focused on the consequences for issuers and merchants when cardholders are wrongly turned down at the point of sale because of fraud suspicions. It’s a big problem—bigger …

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Blackhawk Study on E-Gift Cards Shows Why Competition Is Heating up

Electronic gift cards are becoming more popular with consumers, and potentially creating more sales at retailers, finds a new survey from Blackhawk Network Holdings Inc. That will likely mean competition for consumers will heat up as merchants and processors look to cash in. Mercator Advisory Group, which follows the gift …

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