Social media platforms have been dipping their toes in to ecommerce for a little while now,but recently they seem more committed to taking the plunge in these potentially lucrative waters. What does this mean for the future of payments? George Carey asks the experts.
A gift shop owner told Congress on Wednesday that making the change to chip-and-signature credit cards has been “overwhelming” for many small businesses and that owners are disappointed that without PINs they are being pressured to make an expensive investment without receiving the full level of security that could be provided.
Digital transaction processing specialist Carta has created Token Processing Appliance (TPA), which enables host card emulation (HCE) and tokenisation-based mobile payments, simplifying on-premises payments solutions.
TD Canada Trust’s website has left a rather large clue that Canadian citizens could soon have access to Apple Pay, after listing the service as a ‘way to pay’ on its website.
European ATM-related fraud incidents went up 15 per cent in the first six months of 2015, compared to the same period in 2014, driven by increases in card trapping and transaction reversal fraud, a new report has revealed.
Apple Pay will boost awareness of contactless payments so much that the number of mobile wallets using contactless technology is expected to reach 200 million by the end of 2016, the latest study by Juniper Research claims.
SumUp, the mobile point of sale (mPOS) startup, has raised €10m in investment through a new funding round, pushing its total investment fund up to €50m.
Hong Kong airlines and AsiaPay are collaborating with Dynamic Currency Conversion (DCC) and Multi-Currency Pricing (MCP) provider FEXCO to offer MCP to the airline’s customers.
Checkout.com has improved its service for merchants selling into Europe with the integration of Sofort on its Checkout platform, offering access to a potential 18 million new customers in 13 countries
Fintech Sandbox has partnered with Quandl, a financial and economic data platform, giving Sandbox members free and premium access to information from hundreds of publishers.
PAY.ON, an ACI Worldwide company, delivers white label global payment gateway solutions to payment service providers, ISOs, acquirers, ISVs, and VARs, enabling them to fully outsource payment transaction processing or integrate a gateway-to-gateway solution.
