Author Archive for admin
Android Market Purchases Soon Billable to More Carriers
Android Market purchases soon billable to more carriers?
Recent announcements with respect to the Android Market Developer Distribution Agreement suggest big changes and maybe a new way to pay for applications via the mobile operating system. The developer blog had a note that said “In preparation for some work we’re doing on introducing new payment options…In [...]
BluePay Payment Solutions With MagTek
Credit Card Processing Leader BluePay Discusses Payment Solutions and Tokenization With MagTek
Since July 1, 2010, merchants have needed to be certain that their payment processing technology and equipment is in compliance with PCI standards. BluePay is an industry leading processing company with high security standards and recently the Director of BluePay, Kristen Gramigna, explained in [...]
U.S. Bank and LAN Airlines Introduce LANPASS Visa(R) Card Program
U.S. Bank and LAN Airlines Introduce LANPASS Visa(R) Card Program
LAN Airlines has partnered with U.S. Banks to introduce the LANPASS Visa Credit Card. The card is a new way for customers of both the airline and its affiliates to earn travel rewards. Travel to over 70 worldwide destinations is possible with LAN, the leading Latin [...]
Google Chrome Extension Powers Android-Based Payments
Google Chrome Extension Powers Android-Based Payments
Innovation is key in the mobile payment market. Prestige Merchant Services’ CEO, Abe Solomon, recently said that mobile credit card processing is increasingly accessible. Just a year ago merchants looking for mobile credit card processing solution would have needed a wireless credit card processing device for a hefty sum, not [...]
Merchants Win Debit-Card Fee Battle
Merchants Win Debit-Card Fee Battle
Members of the House and Senate recently announced that debit-card fee cuts would be included in the final version of the overhaul bill—a hit to the financial industry, which had strongly opposed any such further regulation.
Retailers are thrilled though, as they stand to gain significantly from the revised legislation, and as [...]
Smartphones Are About to Swipe Credit Card Companies’ Profits
Earlier this year start-up Square introduced their small credit card swipe device (designed to work with iPhones) which basically functions as a point-of-sale terminal and a complete credit card transaction processing system. Despite some security concerns, the device overall has received a lot of interest in the marketplace. PayPal also continues to push aggressively forward [...]
Frequent Travelers Design New Travel Card
“We’re constantly looking for ways to enhance member benefits of our hotel loyalty rewards program,” said Lincoln Barrett, vice president, Guest Marketing and Alliances at IHG. “Leveraging conversations through our private online community, ultimately delivered a product that will get our members to their travel rewards even faster than ever before and we know they’ll [...]
Qik-n-EZ President Supports Durbin Proposal on Debit Card Fees
Qik-n-EZ president supports Durbin proposal on debit-card fees
Qik-n-EZ will shortly have 12 Illinois locations. President and CEO of the company, Wendy Chronister, recently testified before the Senate Appropriations subcommittee on financial services and general government, a subcommittee chaired by Sen. Dick Durbin, D-Ill, sponsor of the widely discussed amendment to financial legislation regarding setting of [...]
Intuit Merchant Services System Glitch
Intuit Merchant Services system glitch over bills customers, creates wrong bank account numbers
A recent glitch in a supposedly limited number of accounts has left some Intuit Merchant Services customers facing frustration. System errors caused changes in discount rates charged to merchants on a per transaction basis. Intuit Merchant Services encompasses the QuickBooks, Quicken, and QuickBooks [...]
Square’s Mobile Credit Card Reader Hits Speed Bump
Square’s mobile credit card reader hits speed bump
Square has attracted a great deal of attention in relation to its small plastic credit card reader that can be used by simply plugging it into an iPhone, iPad, iPod Touch or Android phone. With big-name investors such as Google’s Marissa Mayer and Twitter cofounder Biz Stone, it’s [...]