Is Mobile Wallet and Payment Industry Headed Towards Consolidation?
Mobile wallets have been one of the primary beneficiaries of the increasing digitalization of payments. The demonetization drive brought in an early Christmas for the wallet players last year, with the leading e-wallets declaring an unprecedented increase in the number of users and transaction volumes. Besides, there are over one billion mobile connections and six […]
eProcessing Network Offers Secure, EMV Processing for SMBs
eProcessing Network, LLC (ePN) is pleased to announce that it has been certified by TSYS to accept and process EMV™ transactions with the Castles Technology MP200 terminal. TSYS is a leader in providing EMV expertise and merchant support to the payment processing industry and has certified with eProcessing Network (ePN) to offer real-time EMV capabilities […]
Mastercard Gets Vocal on VocaLink, Kroger, Masterpass
A rise in consumer spending, broad-based across several geographies, helped Mastercard beat Wall Street estimates for the second quarter. The company announced news on Thursday that earnings for the quarter came in at $1.10, while Wall Street had expected $1.04, and the bottom line edged the Street at $1.28 billion; analysts had seen $1.1 billion. […]
Protecting Your Credit Card Info Against Skimmers
It’s not a new trend, but it’s a continuing one. Banks and gas stations across the country have been targets for credit card thieves, whether it’s at the pump or at the ATM. “We have a lot of security measures in place to be able to protect our customers,” says Lindsey McClain of American Bank […]
For Restaurants, Pay-at-Table Devices Are a Chance to Catch up With EMV
As the second anniversary of EMV’s official debut in the U.S. approaches in October, it’s a good time to review what’s happened over the past two years. The U.S. Payments Forum estimates that as of late March, banks (as well as American Express and Discover) had issued some 600 million chip cards. MasterCard and Visa […]
Want to Increase Mobile Payments? Give Consumers More Control Over Their Cards
The banking and payments industries are in the midst of a two decade-long migration from physical banking to mobile. Just as internet commerce has given way to mobile commerce in the retail world, banking has quickly progressed from in-person branches to internet banking to today’s mobile banking surge. The Federal Reserve reports that 53 percent […]
6 Tips to Choose a Payment Gateway
Choosing a payment gateway is a crucial process for any e-commerce business. Several factors need to be considered and looked before making decision. It’s understandable if you are overwhelmed by all of the options. Especially due to the sheer volume of payment processors on the market, but don’t worry! This post will give you the […]
Credit Card Fraud What You Need to Know
If you are the owner of a credit or a debit card, there is a non-negligible chance that you may be subject to fraud, like millions of other people around the world. Starting in the 1980s, there has been an impressive increase in the use of credit, debit and pre-paid cards internationally. According to an […]
