Some important payments developments are asserting themselves this year. Don’t risk being left behind. The pace of change in the payments industry is normally fast. But the perfect storm of the U.S. EMV migration plus the mobile-wallet revolution has accelerated that pace to blistering. It’s an exciting time, but also …

EMV-related chargebacks are coming home to roost, and there’s nothing like an unexpected chargeback to turn a recalcitrant merchant into an EMV believer. According to survey results from Javelin Strategy and Research, only 8% of small and so-called micro businesses queried in February that didn’t accept EMV chip cards cited …

Speaking of chargebacks, merchant acquirers are indeed reporting more of them now that the U.S. conversion to the EMV chip card standard is under way, but chargeback exposure varies widely by acquirer. And, so far at least, relatively few of the chargebacks are translating into actual financial losses. That’s the …

By Eugene Rome   Merchant-service providers of all shapes and sizes learn the hard way that cutting corners by using cut-and-paste tactics to create a merchant agreement can end up in costly litigation. Independent sales organizations, third-party processors, and payment facilitators must have a merchant agreement that is tailored to …

There’s nothing new about identifying e-commerce customers through the device they use, but now the proliferation of mobile devices has data scientists hatching new ways to thwart fraudsters. One way authenticates users through not-so-obvious links between the many devices they may rely on day-to-day. The other takes a close look …

  Nothing like an unexpected chargeback to turn a recalcitrant merchant into an EMV believer. According to new survey results from Javelin Strategy and Research, only 8% of small and so-called micro businesses queried in February who didn’t accept EMV chip cards cited as a reason the lack of a …

An exclusive coterie of card networks runs the business of issuing and managing payment tokens. But that elite club soon may have more members. Looking for a business with growth opportunities? Look no further, ladies and gentlemen, than at the business of the token service provider. A sexy business? Definitely …

Each reported breach is a nightmare, but the good news is that each one can also teach acquirers and merchants useful lessons about securing payments data. When fast-food chain Wendy’s Co. became the latest brand-name merchant to fall prey to a data-stealing malware attack in late January, the news served …

We’ll never get there so long as we rely on traditional tools. Since criminal tactics are constantly evolving, solutions must be adaptable, as well. The economy relies on secure and safe transactions. Maintaining a stable and efficient business depends on effective security. In particular, eliminating fraud is fundamental to the …

Merchant cash advances can be a God-send for merchants unable to secure traditional bank funding and agents looking to supplement their income. But that boon often comes at a painful premium. The merchant cash advance (MCA) is a common form of alternative lending offered by private lenders. Many independent sales …