PYMNTS

DECEMBER 19, 2019

Traditionally, merchants have authorized domestic Russian cards internationally, with acquirers located outside Russia, and through Visa’s and Mastercard’s networks. If the merchants are asking the consumers to pay for Russian goods in U.S. dollars, that will also add to the ‘failure’ rate they’ll see,” he added.

Digital Payments 52

Digital Payments Cross-Border Cross-Border Settlement Online and Mobile Banking 52

PYMNTS

SEPTEMBER 22, 2020

He said friendly fraud is hard to spot, nearly impossible to predict and expensive for retailers not only in terms of lost goods and revenue but in terms of their merchant risk scores. For instance, large merchants who want to do business in Europe will have to start offering 3DS to take payments.

EMV 86

EMV Issuers CHIPS Card Issuer 86

PYMNTS

FEBRUARY 7, 2019

Though merchants may initially be hesitant to share such an exponential amount of data with merchant acquirers and issuers, McLain said the ultimate benefit will be significant: “There will be a huge increase in authentication rates for the firms that are early adopters of technologies that encourage data sharing.”. “You

Compliance 76

Compliance Authentication Issuers Regulations 76

PYMNTS

AUGUST 9, 2019

Peter Robinson, payments advisor for European retail, wholesale and international trade association EuroCommerce , noted that these concerns are putting more pressure on card acquirers — the main party responsible for making sure merchants are ready for and informed about SCA and its incoming authentication and online transaction restrictions.

Consumer 43

Consumer Authentication Push-to-Card Online and Mobile Banking 43

PYMNTS

MARCH 6, 2017

Since 2014, more than 26 solution providers have been validated, including acquirers and gateways in both the U.S. and overseas. Specifically the webinar will explore: The State of Payment Security.

Data Breach 47

Data Breach Third Party Vendors Encryption Identity Theft 47

Stax

JANUARY 10, 2024

Interchange fees An interchange fee is paid by the merchant’s acquiring bank to the issuing bank every time a credit card transaction is made. These fees are paid by the merchant’s acquiring bank directly to the credit card network to help maintain payment infrastructure, support services, and enhance revenue.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

PYMNTS

NOVEMBER 7, 2019

At this point in time, as Christmas music worms its way into our ear canals, the progress of value-added payment services is generally moving along parallel tracks, with acquirers, large merchants and small businesses (SMBs) often using differing tactics. “On It’s not really a particular acquirer driving value.”.

Value Added Service 41

Value Added Service Payments Online and Mobile Banking Acquirers 41

PYMNTS

MARCH 25, 2019

Merchant services firm Worldpay had a really big week in pair-ups, with not one, but two headline snatchers. The top line, of course, was the announcement that FIS would acquire Worldpay in a deal worth roughly $35 billion. Worldpay’s Big Week. Instagram and PayPal Pair Up for Instacommerce.

PayPal 50

PayPal Payment APIs and Integration Online and Mobile Banking Acquirers 50

PYMNTS

FEBRUARY 2, 2017

At the time, Square CEO Jack Dorsey even noted that it would be his preference to be acquired by Apple since the two firms had similar aesthetic sensibilities. The unofficial account is that the acquiree wanted more money than the acquirers wanted to spend.

Payments 47

Payments CHIPS Chip Cards EMV 47

Tearsheet

OCTOBER 17, 2024

While it offers targeted benefits and discounts, the reliance on this limited payment method often constrains the number and diversity of merchants willing to operate on base. Unlock potential opportunities: Take, for instance, the MILITARY STAR card. The card, as noted by Hanson, is held by 1.3

Consumer 52

Consumer Credit Cards Volume EMV 52

PYMNTS

MARCH 9, 2018

Specific to the Carbon pipeline, we are completing several important certifications [for] acquirers to begin pilots and distribution into their vast merchant ecosystems,” he continued. “We We have also started to execute directly with the ISO channel, which will extend Carbon further downstream into Tier 3 and Tier 4 merchants.”.

ISOs 40

ISOs EMV ISVS Payments 40

PYMNTS

NOVEMBER 20, 2017

When Amazon acquired Whole Foods last summer, among their goals was bringing every consumer affordable access to organic foods. Those embeds include some very large merchants: Walmart , Best Buy , Starbucks and Target, for example. A Wholly Organic Thanksgiving, From Amazon . We’ll see how it pans out.”.

Bitcoin 43

Bitcoin PayPal NOV Venmo 43

PYMNTS

FEBRUARY 5, 2018

Back then, only the very, very large merchants had merchant accounts and could accept credit card payments online. PayPal became as the merchant of record for the little guys who couldn’t get a merchant account from traditional acquirers, serving as the stand-in seller to offer buyers a digital way to pay.

PayPal 44

PayPal Credit Cards Accounts Risk 44

PYMNTS

JULY 30, 2018

Grubhub ’s announcement last week, that it will acquire mobile ordering and payments platform LevelUp , is the most recent reminder that software and technology is eating the restaurant vertical, no pun intended. For 50 years, consumers have been walking in to stores and handing over a credit card,” Lloyd said. “It

Third Party Vendors 40

Third Party Vendors Point-of-Sale (POS) Push-to-Card Ubiquitous 40

PYMNTS

FEBRUARY 13, 2017

It also wasn’t easy for consumers to check out online (hey, it still isn’t perfect — we have a long way to go), particularly when doing so on their mobile devices, or acquirers who did more than just throw a terminal on the counter and a rate card at the owner and wish them good luck.

Small Business 53

Small Business Online and Mobile Banking Innovation Void 53