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Latest Acquiring Bank Stories

2014-04-15 08:38:07

Chargebacks were created as a means of protection for consumers, but are now being abused by the very people they were meant to protect. As the industry catches on to the activities of dishonest consumers, eConsumerServices warns that those who engage in friendly fraud could be labeled "online shoplifters" and eventually face fines and penalties currently being incurred by merchants. CLEARWATER, Fla., April 15, 2014 /PRNewswire-iReach/ -- "Friendly fraud," a seemingly conflicting...

2014-04-08 12:36:33

LAS VEGAS, April 8, 2014 /PRNewswire/ -- TRANSACT14 - Termtegrity, Inc. today announced a partnership with Sysnet Global Solutions to offer Termtegrity's SpotSkim(TM) visual point-of-sale monitoring solution to Sysnet customers worldwide. SpotSkim will add essential new anti-skimming capabilities to Sysnet's range of PCI DSS compliance validation and merchant intelligence solutions. The announcement was made at Transact(SM) 14, which takes place April 8(th) - 10(th) at Mandalay Bay,...

2014-04-07 08:36:42

Online payment platform will allow e-commerce merchants to accept credit cards and local payment methods in all European countries MONTREAL, April 7, 2014 /PRNewswire/ -- Pivotal Payments, a leading provider of merchant services and global payment processing solutions, today announced that it is expanding GlobalOne, its proprietary payment gateway and global acquiring platform, into the European Union. With over a decade of successful implementation in North America, the company will provide...

2014-04-03 12:35:13

COLOGNE, Germany, April 3, 2014 /PRNewswire/ -- EVO Payments International (EVO), a leading card payment acquirer and payment service provider operating in the United States, Canada, and Europe, today announced its new graphical user interface Clever Pay GUI in Europe. EVO designed this new interface to make payment acceptance for online businesses considerably easier and faster. Clever Pay GUI offers extensions for a number of different shop systems and also brings...

2014-04-01 08:34:44

SHANGHAI, April 1, 2014 /PRNewswire/ -- Leading financial payment provider China Payment and Remittance Service Co., Ltd. ("ChinaPnR") formed a strategic partnership with mobile security and cryptographic technology pioneer, V-Key Inc ("V-Key"). At the same time, the latest version of the "ChinaPnR POS Acquirer" Android mobile client, integrated with V-Key's security technology, has officially gone live. This collaboration will provide trustworthy security assurance to over a million...

2014-03-27 00:22:03

- First large-scale mPOS solution for SMEs in the Philippines to go live SINGAPORE, March 26, 2014 /PRNewswire/ -- Swiff, the global innovator of secure mobile payment technologies, announced today the launch of a mobile payment service with G-Xchange, Inc. (GXI), the m-commerce subsidiary of Globe Telecom and the operator of GCash. This Mobile Point of Sale (mPOS) service, Globe Charge, is designed to enable small and medium business entrepreneurs (SME) who typically accept cash...

2014-03-10 08:36:39

eConsumerServices educates consumers about the effects of friendly fraud and the correct approach to filing chargebacks. TAMPA BAY, Fla., March 10, 2014 /PRNewswire-iReach/ -- Consumers are unknowingly contributing to an imbalance in the ecommerce industry, and inadvertently costing themselves in the process. The online shopping community has grown and as a result, sometimes consumers find errors with a transaction, such as not receiving goods, or being charged for goods they didn't order -...

2014-01-22 12:28:51

WASHINGTON, Jan. 22, 2014 /PRNewswire-USNewswire/ -- Electronic Transactions Association (ETA), the global trade association representing the payments technology world, announced today the speakers for the first of two high-impact Executive Roundtables featured at "TRANSACT 14: Powered by ETA." Three top executives from the nation's largest acquirers, Debra Rossi, EVP of Wells Fargo and CEO of Wells Fargo Merchant Services, Donald Boeding, President of Vantiv, and Brian Mooney, CEO...

2014-01-09 04:22:09

Increases Penetration in New and Current Markets while Improving our Competitive Position LONDON, MONTREAL and NEW YORK, Jan. 9, 2014 /PRNewswire/ - Optimal Payments (LSE AIM: OPAY), a leading global online payment solutions provider, today announces that it has obtained principal membership status for merchant acquiring from MasterCard(®) Europe and Visa(®) Europe. The new merchant acquiring agreements are consistent with Optimal Payments' strategy to strengthen and...

2014-01-08 23:20:44

Dispute mitigation company, Chargebacks911, explains why merchants should invest in a chargeback specialist and what to look for in a reputable provider. Tampa Bay, FL (PRWEB) January 08, 2014 Despite chargebacks being one of the biggest challenges facing online businesses today, studies show that merchants are letting at least half of all chargeback cases go unanswered (1). And the financial consequence of such behavior is risky – online retailers are drawing a $279 loss for every $100...


Word of the Day
malpais
  • The ragged surface of a lava-flow.
'Malpais' translates from Spanish as 'bad land.'