by Eddie Lagodzinski | May 15, 2017 | Updates |
If Google’s search engine started keeping bankers hours, people might take to the streets with pitchforks and torches. But a digital payment that takes over 72 hours to clear because you placed it on a Friday night? In the U.S., that’s the status quo. At Bank of...
by Eddie Lagodzinski | May 15, 2017 | Updates |
This story was delivered to BI Intelligence “Payments Briefing” subscribers. In its monthly EMV update, Visa announced that chip-enabled merchants now account for 46% of the company’s in-store payment volume. The firm also saw over 800 million chip-on-chip...
by Eddie Lagodzinski | May 11, 2017 | Updates |
One in three Americans say they would use digital wallets if mobile wallets were accepted at more locations, a new survey by JPMorgan Chase finds, and merchants appear ready to heed the call. The survey, commissioned by the nation’s largest bank, found that only...
by Eddie Lagodzinski | May 10, 2017 | Updates |
MasterCard announced a “next generation biometric card” which embeds fingerprint recognition into debit cards. That may not be good news. The card requires customers to place their thumb on an embedded chip while it’s placed in card readers. Customers will still have...
by Eddie Lagodzinski | May 10, 2017 | Updates |
Chargebacks are a costly and unfortunate fact of life for many small businesses that accept credit cards. However, there are ways you can protect yourself against unfair chargebacks. Credit card chargebacks happen when customers contact their credit card issuers to...
