Archive for February, 2009
TNB Card Services Offers Personalized Debt and Credit Cards
TNB Card Services recently announced that it will be offering personalization of credit and debit cards for all of their client credit unions. The ability to personalize is a branding move intended to encourage customer loyalty. Mitch Raymond, senior vp of product development for TNB said, “Nothing moves a card to top-of-wallet status better than [...]
PayPal Updates to Payflow Pro
PayPal has issued an announcement that they are upgrading the payment gateway for Payflow Pro with a new SSL server certificate hierarchy, in order to improve security for the product.
By September of this year PayPal will begin to phase out the current gateway server certificates and customers may be required to update their product [...]
Credit Card Processing App for iPhone Users
ProcessAway is coming to iPhone a little sooner than expected – great news for iPhone users who want to process credit card transactions with their phones.
ProcessAway will be available for a 30-day trial period on the developers’ website while it awaits official approval from Apple, at which point it should also be available as [...]
Haband Signs Deal to Offer Private Label Credit Cards
Haband, a multi-channel retailer with over five million customers, has recently signed a long-term contract with Alliance Data Systems Corporation which will allow Haband, a division of Orchard Brands, to offer private label credit cards to their customers. Haband has a target market of consumers 50 years or older which is of course a relatively [...]
Another Attack on a U.S. Payment Processor
On the heels of the troublesome security breach at Heartland Payment Systems comes news of a new attack on a U.S. based payment processor/acquirer. The name of the company that has been victimized hasn’t been released yet, but several credit unions are reporting that Visa had alerted them to the new breach. In fact, [...]
CardFellow
Need a merchant account but not sure who offers the best prices and services for your needs? Look no further than CardFellow.com, a new service offering direction and free tools to merchants to aide in their search for the best merchant account for their particular needs.
Founder Ben Dwyer says, “CardFellow is the first Web site [...]
Mazooma Inc.
The current economy is leading many consumers to cut spending and eliminate debt. One aspect of that is that many consumers are avoiding incurring a balance on their credit cards. So what is a budget-minded consumer to do if they wish to make online purchases and avoid using their credit cards?
Several new services have launched [...]
Cost of Credit Impact on Merchant’s Bottom Line
Do you know how credit card processing fees have impacted the bottom line at all of your favorite stores? Items as small as a pack of gum when purchased with a credit card, may face processing fees as high as 50% of their value. Ultimately, such costs are factored into the price of all products [...]
First Heartland Payment Systems Suspects Arrested
Charges of credit card fraud and grand theft have been laid against three Florida-based men in connection with the Heartland Payment Systems security breach. The three young men (two are only 20 years old, one is 21) are accused of using stolen card details to “electronically encode Visa Gift Cards”. The cards were then [...]
Noca Secure Check
If you are an online merchant looking for a better way to accept payment, you might want to check out Noca Inc. Noca, launching this week, is a startup which has been founded by former executives from Visa. The payment system will eliminate virtually all transaction fees, which is sure to be a boon to [...]