by EMS Payments | Jul 25, 2017 | Industry News, Payment Processing
Here are some stats that might surprise you. 85% of Malaysians seek out e-commerce services on a daily basis. More than 38.2 million online transactions were processed last year compared to 14.6 million transactions in 2015. Malaysia has the highest penetration of...
by EMS Payments | Jul 23, 2017 | Industry News, Payment Processing
ACH payments are electronic payments made through the Automated Clearing House (ACH) Network. They are a popular alternative to paper checks and credit card payments because of the benefits to merchants and consumers: everybody involved gets to save a little money and...
by EMS Payments | Jul 21, 2017 | Industry News, Payment Processing
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...
by EMS Payments | Jul 20, 2017 | Industry News, Payment Processing
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...
by EMS Payments | Jul 20, 2017 | EMV Chip Cards, Industry News, PCI compliance
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...
by EMS Payments | Jul 13, 2017 | EMV Chip Cards, Industry News, Payment Processing
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...