Monday , October 28, 2024

Search Results for: merchants

Boomtown Banks on a Boom in Calls for mPOS Help

The boom in mobile point-of-sale systems may have outstripped the ability of merchants and merchant-service providers to provide the hands-on support needed to keep the tablets humming. That’s where a 7-month-old, San Francisco-based startup called Boomtown Inc. sees an opening. For a fee, it helps small merchants choose, install, network, …

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The Other Chip Card Conversion

ATM deployers still have more than 18 months to get ready for EMV. Will they make it? Credit and debit card issuers are furiously pumping out hundreds of millions of EMV chip cards this year. And stores are busily retrofitting their checkout lanes to accept them. Often overlooked in all …

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Flush With Cash

Funding is pouring into payments technology at a furious rate. Now startups and established firms alike are wondering: How long can it last, and what’s the long-term impact? If one thing is certain about the six years or so that have passed since the financial crisis, it’s that nobody can …

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Agent Compensation In an Age of POS System Developers

  Paying sales agents can be trickier for ISOs when sharing revenue with POS system developers, but it doesn’t have to be. How to divvy up the money is a critical question when independent sales organizations and acquirers are courting business-management and point-of-sale systems developers as new customer-acquisition channels. Just …

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Minimizing Your Data Footprint

It’s the key to reducing risk and simplifying PCI compliance, but it’s often overlooked. Following months of intensified global cyberattacks, it’s imperative that today’s threats be met with a multilayered approach to security. Rendering cardholder data useless to criminals is the end game. This means that even if a criminal …

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After Investment and Licensing Trials, Visa To Buy TrialPay Outright

Visa Inc. on Friday reported that it had signed a definitive agreement to buy privately-held TrialPay Inc., provider of an offers platform that connects merchants with consumers through targeted promotions. Visa will integrate TrialPay into its portfolio of services for merchants beyond pure payment processing. Financial terms of the pending …

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First, There Was Card on File. Now Boku Brings ‘Phone on File’ to Online Payments

For years, merchants like Amazon.com Inc. and Apple Inc. have streamlined online payments by letting consumers charge stored credit cards with a single click, using a technique called card on file. Now, a similar concept is coming to carrier billing, the payment method used by merchants to charge online purchases …

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With EMV’s Rise, Debit Card Fraud on Canada’s Interac Network Falls to a New Low

Counterfeit fraud on Canada’s Interac debit cards fell 45% to a record low in 2014, and 80% of the fraud happened outside of Canada, according to new figures from Toronto-based Interac Association. The five-year slide in skimming-related fraud coincides with the rise of EMV smart cards in Canada as well …

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Using Apple And Samsung Biometric ID, Sekur Me Bids To Hike Mobile Conversion

A new service that integrates Apple Inc.’s Touch ID and Samsung’s fingerprint-recognition technology into a single mobile-payments app says it can help boost conversion, and ease shopping-cart abandonment, for mobile-commerce retailers. Santa Ana, Calif.-based Sekur Me Inc. uses the biometric sensors in Apple and Samsung smart phones to authenticate the …

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Staples And Jack Henry Offerings Promise Yet Hotter Market for Small-Biz Funding

Funding for small businesses has been an increasingly important source of revenue for independent sales organizations and other merchant acquirers, but they’re not the only parties that have noticed the market’s lucrative potential. Now, banking-technology vendors and even large merchants are getting into the game. Jack Henry & Associates Inc., …

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