This additional resource is sponsored by The BayPay Forum.
Merchants Give Recognition to Adyen’s Global Payments Platform for the Second Year in a Row
Boston, MA (PRWEB) May 23, 2013
Researchmoz.us include new market research report" 2020 Foresight Report: Branch Network Development in a Multi-Channel World" to its huge collection of research reports.
Albany, NY (PRWEB) May 23, 2013
Oberthur Technologies' Dragonfly NFC SIM has received certification from MasterCard and Visa. The Dragonfly, which includes an "NFC Turbo Engine" hardware accelerator designed to shorten transaction times, is being tested by Thailand's largest mobile network operator in a public transport and payments pilot.
Oberthur Technologies' Dragonfly NFC SIM has received certification from MasterCard and Visa. The Dragonfly, which includes an "NFC Turbo Engine" hardware accelerator designed to shorten transaction times, is being tested by Thailand's largest mobile network operator in a public transport and payments pilot.
I was at an industry conference recently that focused entirely on mobile wallets, listening to presenters from various industries talk about the future of mobile wallets. One thing is for sure: Nobody has any idea how and even if a mobile wallet will ever become widely used.
Banks are building mobile wallets, mainly out of fear of losing touch with their customers. They don’t know what market opportunity the wallet will solve but they will have a solution in the market. Many are building a solution simply to say they were first to market.
European B2C e-commerce turnover, including goods and services, has jumped by 19 percent, reaching EUR 311.6 billion in 2012, recent data indicate.
According to the European B2C Ecommerce Report published by Ecommerce Europe, the European umbrella organisation for online retailers, the EU28 (including Croatia, joining the EU as of 1 July 2013) has reached EUR 276.5 billion, or 88.7 percent of total European e-sales.
Research suggests that the level of adoption of contactless payments falls far below the industry expectations.
(PRWEB UK) 23 May 2013
Research suggests that the level of adoption of contactless payments falls far below the industry expectations.
(PRWEB UK) 23 May 2013
Jacob Boersma is active in the areas of e-identity and electronic payments innovations. He began working in information management and information security after a Master's study in Science & Policy. He has worked on European and Dutch e-authentication projects, the iDEAL payments protocol and Innopay’s annual Online Payments reports. He frequently advises both government agencies and businesses on questions of digital payments and online currencies such as Bitcoin.
Innopay is an independent consulting firm, specialised in payments and related transaction services. Our mission is to improve the transaction services industry in close, open collaboration with stakeholders. We provide our clients with expert knowledge of online payment, e-invoicing, e-identity, mobile payment, cards and rules.
What is the aim of the Bitcoin Masterclass organized by Innopay?
Jacob Boersma: For the past 3 years we have invited speakers on Bitcoin to our annual European payment summit to talk about this crypto-currency and how it is developing. Due to time constraints, there is never time at such a conference to go into depth about what Bitcoin is, how it works and where it is going. This Masterclass, for which we are working with Pierre Noizat of Paymium, will give attendees the chance to really make a deep dive into this fascinating topic and really explore both the opportunities and risks of Bitcoin.
Chase Paymentech, a subsidiary of financial services provider JPMorgan Chase Bank, has released Dynamic Hosted Payments Page, a technology aimed at helping European online merchants upgrade security.
When merchants submit a payment transaction using the Dynamic Hosted Payments Page, they do not store, process or transmit cardholder payment data. This helps the merchant lower its Payment Card Industry (PCI) compliance responsibilities at both the acceptance and storage level. Instead, online shoppers upon checkout are seamlessly taken to a Chase Paymentech page for final payment processing. Once the payment transaction is complete, the customer is then returned to the merchant’s shopping cart application where the order status is updated. Dynamic Hosted Payments Page creates a payment page that maintains the merchant’s own branding including logos, pictures and other design elements.
UK-based global digital wallet provider Skrill has entered an agreement with Russian internet company Yandex.Money.
Under the terms of the partnership, Skrill will expand into the Russian payments market and integrate Yandex.Money as a payment option for its 140,000 merchants worldwide.
Global provider of payment and risk services WorldPay has rolled out Bankout, a service which enables merchants to make cross-border payments with guaranteed amounts delivered to recipients and no receiving bank charges.
Bankout provides access to more than 300 domestic bank accounts through a single connection and using a routing to match the payout bank with that of the recipient. Merchants submit a file by batch or by API with the details of the recipients that need to be paid and WorldPay manages the transfer of funds. Merchants can specify fixed amounts to be paid either from the merchants’ own account or delivered into the recipients’ account in the local currency.
US-based mobile payments services provider Fortumo has signed Global Framework Agreements with operator groups Telefonica and Telenor to bring direct carrier billing services to 460 million additional subscribers worldwide.
Using the BlueVia Payments API to charge purchases to their mobile operator bill, users in more than 30 countries will be able to purchase digital goods over the web and on Android, Windows 8 and Windows Phone devices.
US-based mobile payments company Square has made its services available in Japan, online media outlet techcrunch.com reports.
According to the source, Square has partnered with credit card company Sumitomo Mitsui Card Corporation (SMCC), the company that introduced Visa to Japan.
A new type of Citadela financial malware is targeting users of the Payza online payment platform by launching local in-browser attacks to steal their credentials, according to researchers from Trusteer, an Israel-based web access services provider.
The new Citadel variant discovered by Trusteer researchers contains Man-in-the-Browser (MitB) code which alters the form fields users are asked to fill in on Payza's log-in page. More specifically, the code adds an additional PIN (personal identification number) field to the authentication form.
US-based global technology company NCR Corporation is working with restaurant retailer Jamba Juice, in collaboration with PayPal, on a series of customized mobile solutions, including a Jamba Juice branded iOS and Android mobile ordering and payment solution.
The ordering functionality is available in select Jamba Juice locations via the PayPal app to customers and allows them to place mobile orders and pay directly from their smartphone. The customized mobile ordering solution is set to integrate with the NCR Aloha point-of-sale (POS) platform.
Global payment services provider DataCash (part of the MasterCard group) has entered an agreement with MoPowered, a provider of mobile commerce services and mobile web optimization, to extend its mobile solution across the UK.
The collaboration with MoPowered is set to enable DataCash’s merchants to use MoPowered’s SaaS platform technology.
Iceland-based provider of mobile payment services Handpoint has launched its new chip and PIN mobile Point-of-Sale (mPOS) system for small, medium and enterprise merchants.
Handpoint mPOS enables merchants to accept chip and PIN card payments with a mobile device and can be adopted across mobile platforms using the Handpoint API, while security is delivered by a point-to-point encryption (P2PE) on the Handpoint chip and PIN card reader. Merchants can use their existing mobile and PC checkout systems without having to undergo additional security certification processes.
Apple has added PayPal as an online payment option for the German Online Apple Store, according to online media outlet Macerkopf.de.
Users who place an order with PayPal will be redirected to the PayPal website. They will then need to login using their PayPal username and password. Before sending the order, it is important to check whether the total amount and billing details are correct. Those who are not PayPal customers can still select this payment option and then set up a new account or pay as a guest.
