Saturday , October 26, 2024

Search Results for: merchants

Acies Combines with Atlantic Synergy, Maps Acquisition Strategy

Acies Inc., an independent sales organization based in New York, today announced it has entered into an agreement with Fort Pierce, Fla.-based Atlantic Synergy Inc., under which the ISO will become a subsidiary of Atlantic Synergy and hold a controlling interest in the company. As part the acquisition, Atlantic Synergy, …

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Surging Sales Push MusicRebellion to Embrace Micropayments

MusicRebellion.com Inc., which operates a 3-year-old Web site selling song downloads, is getting set to adopt an updated version of a micropayments system to help handle growing volume. The Web merchant, which has been using Peppercoin Inc.'s original processing system, introduced last year, says the micropayment method accounts for between …

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Visa Credits Surge in Web Volume to Its Authentication Program

Visa U.S.A. reported today that the dollar volume of transactions occurring on its cards on the Internet through the first five months of 2004 is running ahead of the gain seen in calendar 2003. Through May 31, Visa's e-commerce volume on credit and debit cards jumped 59% over the year-ago …

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Peppercoin Aims at the POS As Well As Digital Content with Version 2.0

In an ambitious effort to capture a share of the rapidly expanding markets for both digital content and goods at the point of sale, micropayments processor Peppercoin Inc. today is announcing a second generation of the payments model it introduced commercially only last December. Considerably revised, the Waltham, Mass.-based company's …

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MasterCard’s Wal-Mart Deal Could Fuel Non-Bank PIN Debit

Today's announcement by Wal-Mart Stores Inc. that the chain will begin accepting MasterCard International's signature-based debit card again, effective immediately, could spark more interest in non-bank debit networks among small and mid-size retailers, according to some expert observers. Although Wal-Mart and MasterCard refused to disclose terms of their agreement, it …

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PayPal Says Its New Pricing Should Cut Costs for Most Sellers

PayPal Inc., the online payment processor owned by Internet auction powerhouse eBay Inc., is set to roll out new transaction fees Aug. 6 that it says will slash payment costs for most of its sellers. Merchants doing very large volumes will see the greatest benefit, while mid-tier sellers will see …

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First Data Certifies Slim CD Software for High-Speed Transactions

Slim CD Inc., a transaction-software company in Coral Springs, Fla., announced today its product has been certified by First Data Corp., allowing banks and independent sales organizations supported by FDC to offer merchants high-speed card transactions on personal computers through Slim CD's software. The company says its product can process …

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Canada’s Paystone Looks for a Payoff in ‘Compelling’ Content

While the burgeoning digital song market has focused attention on the potential for micropayments in the U.S., a Canadian processor has signed about 1,000 online merchants, the most recent of which is Puretracks, Canada's first and largest purveyor of digital songs. Vancouver-based Paystone Technologies Corp., which was founded in 2001, …

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CyberSource: PIN-Less Online Debit Responds to Merchant Demands

CyberSource Corp. says it has introduced a so-called PIN-less debit card payment option for online transactions at the urging of merchants looking for ways to cut their transaction costs. The Mountain View, Calif.-based payments gateway for e-commerce merchants claims to be the only major vendor offering the service, which would …

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Brother Announces an Entry in the Wireless Transaction Game

Brother International Corp., Bridgewater, N.J., a maker of office equipment such as computer printers and fax machines, has announced it is marketing a wireless device for use by mobile merchants and salespeople looking to be able to process credit card transactions in the field. The device, a Samsung SPH-i700 Pocket …

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Digital Transactions