Visa Europe Predicts 52 Million Contactless Transactions per Month in 2013
5/20/2013
European consumers are increasing adoption of contactless payment technology, according to various media reports. Now Visa Europe is announcing contactless payments have reached critical mass, which signals the technology likely will become a mainstream payment option in the very near...
Surcharging No Longer Gets a Wink and a Nod
5/16/2013
Consumers over the year have grown accustomed to seeing a “$10 minimum purchase” sign tacked on wall at small, local merchants like dry cleaners or bodegas. However, with credit card surcharges in the news because of the multi billion dollar...
Governments Continue to Tighten Fence Around Bitcoin Transfers
5/15/2013
The U.S. Department of Homeland Security issued a court order to Dwolla to cease wire transfers between it accounts and Mt. Gox, a Japanese Bitcoin exchange. This action keeps the downward pressure on Bitcoin exchanges and echo’s similar recent actions...
Vantiv Starts Merchant Loyalty Enhancement Strategy with Visa
5/13/2013
Merchants of all sizes that are serious about succeeding in today’s hyper competitive market need to be able to quickly and efficiently get offers in consumer hands. Leading merchant processors are responding to this need by enabling loyalty services across...
U.K. Post Office to Launch 3 New Checking Accounts
5/13/2013
The British Post Office Monday announced it will trial three new checking accounts in 29 branches ahead of a nationwide rollout in 2014. The accounts, similar to their counterparts at traditional financial institutions, are tiered based on monthly fees. The...