PaymentsJournal
SUBSCRIBE
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
No Result
View All Result

Decoupled Debit Leader Adds New Patent Asset

Mercator Advisory Group by Mercator Advisory Group
August 7, 2013
in Analysts Coverage
0
Big Data And The Art Of Personalized Banking - PaymentsJournal

e-banking concept: young woman with online bank application phone at the park

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

The Durbin Amendment effectively closed the door on open-loop decoupled debit card products, but NPCA has weathered the transition and maintained its focus on delivering low-cost payments to merchants in debit verticals like fuel. With its mobile payment option in production at leading fuel/convenience store merchants like Cumberland Farms, the company has added to its IP assets with a new mobile wallet patent:

The patent is U.S. Patent Number 8,490,865, titled “Payment System and Methods.” The patent contains 18 claims, including various claims useable for a consumer to fund a mobile wallet via an ACH payment method for the holder of a U.S. checking account with a financial institution to accomplish a purchase at a retail site.

Even with the potential reduction of debit card fees likely as a result of a recent Federal court ruling (point to our blog here), decoupled debit programs running on an ACH network can offer a merchant lower TCO and in segments where margins rise and fall on pennies, NPCA can offer a competitive payment option.

Click here to read more from CSPNet.

Tags: Debit
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

    Analyst Coverage, Payments Data, and News Delivered Daily

    Sign up for the PaymentsJournal Newsletter to get exclusive insight and data from Mercator Advisory Group analysts and industry professionals.

    Must Reads

    Equinix Helps UK-Based Payments Provider Enable Faster, More Reliable Payments Processing

    Equinix Helps UK-Based Payments Provider Enable Faster, More Reliable Payments Processing

    January 31, 2023
    credit card tumbling

    How to Detect, and Prevent, Credit Card Tumbling

    January 30, 2023
    Why Businesses Need to Adopt Real-Time Payments as a Competitive Differentiator

    Why Businesses Need to Adopt Real-Time Payments as a Competitive Differentiator

    January 27, 2023
    faster payments

    Faster Payments Are Set to Revolutionize Modern Digital Payments

    January 26, 2023
    How AI can Help Manage Payments Risk in 2023

    How AI can Help Manage Payments Risk in 2023

    January 25, 2023
    cross-border payments

    How to Implement Effective and Innovative Cross-Border Payment Strategies

    January 24, 2023
    credit card experiences, digital payments, b2b payments

    Will Consumer-to-Business Payment Trends Drive B2B Global Growth in 2023?

    January 23, 2023
    Faster Payments Faster Identity Verification, connected car, payments

    2023 Predictions: Authentication, Digital Identity, and In-Car Payments

    January 20, 2023

    • Advertise With Us
    • About Us
    • Terms of Use
    • Privacy Policy
    • Subscribe
    ADVERTISEMENT
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    • Industry Opinions
    • News
    • Resources

    © 2022 PaymentsJournal.com

    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Industry Opinions
    • Faster Payments
    • News
    • Jobs
    • Events
    No Result
    View All Result

      Register to download the U.S. Bank report - Real-time payments