Archive for August, 2009
Using Fingerprints to Pay with Credit Card
It seems like pure science fiction and there are people who will welcome the idea and people who will want to run screaming. What wild scenario are we talking about? Biometric fingerprint scans used as a payment method of course!
Hitachi® has created a prototype vending machine which would allow a person to use their finger [...]
Debit Cards – Still Risky
While carrying large wads of cash is still the riskiest shopping behavior a consumer can engage in, debit cards have their own risks and downfalls. Just recently one of the largest cybertheft cases that related to debit and credit cards was initiated, naming Albert Gonzalez of Miami as an alleged participant in over $130 million [...]
Co-Conspirators Named in Heartland Breach
Prosecutors consider it to be one of the most sizable cases of computer crime and identity theft ever prosecuted. Government documents indicate that the culprits infiltrated the computer networks of payment processor Heartland Payment Systems, Hannaford Brothers, a regional supermarket chain; 7-Eleven and two unnamed national retailers.
Heartland, one of the world’s largest credit and debit [...]
QuickBooks GoPayment
A new free application has been released from Intuit, provider of QuickBooks software. The application, GoPayment, allows customers to use their iPod touch or iPhone to process credit card transactions. All that is needed for use in transactions is the customer’s credit card number, then enter the amount of the transaction and go! An email [...]
CFIB 10 Principles
The United States government has already stepped into the fray and created legislation to force credit card and processing companies to adopt more fair practices. As an alternative to similar regulation of the industry in Canada the Canadian Federation of Independent Business (CFIB) is calling on banks and credit card companies to self-regulate by adopting [...]
CardLock – PSCU Financial Services
Thanks to a patent-pending new technology known as CardLock, credit union cardholders may soon have the option to lock and unlock their credit and debit card accounts at will. Such an ability will increase their security and make them a far less appealing target for thieves.
PSCU Financial Services developed the technology for CardLock on its [...]
Retail Shipping Associates and NextPay, LLC Join Forces
Retail Shipping Associates (RSA) and NextPay, LLC, have joined forces by signing a multi-year agreement that will see Next Pay as the sole credit card processor for RSA’s three thousand member trade organization. As NextPay offers the highest security standard in the processing industry thanks to their Level One Payment Card Industry (PCI) status, this [...]
Epayarea Inc.
Epayarea Inc., located in Panama, is offering individual programs irrespective to all business owners, regardless of how large the business is or where it may be located. Epayarea provides payroll services that allow business owners to pay commissions, offer bonuses and provide instant salary payouts. A great example of a business who would benefit [...]
Merchantfundingservices.com
Merchantfundingservices.com has been a player in the merchant services business for a long time, and they realize that to reach new customers and offer the best service to their current customer base, they need to offer a lot. Right now they are offering a $175 incentive, in the form of a pre-loaded debit card, to [...]
GotoBilling
GotoBilling™ came to be in early 2006, providing a paperless software solutions that offers an easy solutions for small business owners. Now gotoBilling is partnering with MyCollection Accounts.com, from Sterling Recovery Management Inc., to provide a debt collection service that is simple and profitable.
Adam Elliott, CEO with Sterling says “With our guaranteed, flat-fee debt collection [...]