Digital Transactions Authoritative, insightful and timely information for payments professionals
Two executives who helped found CoCard Marketing Group LLC have left the Nashville, Tenn.-based independent sales organization to start their own ISO with what appears to be a unique ownership structure based on shareholding for participating offices. “Our company is going to be based on shares of stock,” says …
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Visa Hikes Prepaid Interchange But Chops Some Debit Rates
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Read More »In a Good Omen for Mobile Payments, Location-Based Services Attract Handset Users
n A new report from the Pew Internet & American Life Project, Washington, D.C., has found that about 20% of U.S. adults uses a smart phone to access a location-based service or a so-called geo-social site, or a social network in which the user “checks in” with his or …
Read More »Report Predicts How the U.S. Terminal Base Will Migrate to EMV and Mobile Payments
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Read More »VeriFone Looks to Services And Mobile Payments for Growth
North American sales were flat, but leading U.S. point-of-sale terminal maker VeriFone Systems Inc. still posted a 21% increase in revenues on the strength of its international business in the quarter ended July 31, and profits jumped 42%. Fresh from its August acquisition of long-time rival Hypercom Corp., VeriFone anticipates …
Read More »U.S. Bank Adds to the Roster of Secure Vault Payments Acceptors
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Read More »Trends & Tactics
What Keeps ATM Execs up at Night? Complying with new Americans with Disabilities Act (ADA) requirements and fighting fraudsters who put skimmers on their machines rank high on the to-do lists of ATM managers. The findings come in a new report from Aite Group LLC …
Read More »Acquiring: Turf Wars?
Jim Daly Merchant acquirers are keeping a watchful eye on the bank card networks as the publicly held companies seemingly move onto turf acquirers regard as their own. Are acquirers’ fears about network ambitions justified? Moving transactions from merchant locations to cardholder accounts and back …
Read More »Networks: The Great Game Changer
John Stewart and Jim Daly The Fed’s Durbin-inspired debit regulation is already radically reshaping the business for merchants, issuers, acquirers, and networks. Here’s how. Well, it’s all over but the shouting. And, with the ink dry now for more than two months, there isn’t even …
Read More »E-Commerce: Beyond Fun And Games
By Karen Epper Hoffman A fixture in online gaming, virtual currencies are moving into other digital markets and may break into the physical world. But will acceptance costs and regulatory concerns stymie their growth? Virtual currency has long been seen as little more than the …
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