Visa has integrated token technology into Visa Checkout, the company’s online check out service used by merchants and consumers globally. Additionally, Visa is working with merchants to apply token technology to “cards-on-file.”
Visa Checkout in Brazil is real. The first merchant to offer Visa Checkout is Futebolcard, the Brazilian service which allows soccer fans to purchase tickets for games in 12 different stadiums.
UnionPay cards have been accepted by more than 90% of ATMs and 80% of merchants in America. In addition, quite a few ATMs have Chinese interfaces for easy operation, and many merchants provide special offers for UnionPay cardholders.
3dcart announced a program with Visa Checkout to help small businesses launch their online stores. For a limited time, new and existing 3dcart customers can receive a one-month extension toward their hosting plan on their billing cycle when they enable Visa Checkout as a payment service on their website.
From department store Neiman Marcus and clothing outlet Urban Outfitters, to the Expedia travel booking service and computer hardware giant Newegg, everybody is jumping on the Bitcoin bandwagon and there’s no sign of it slowing down.
The U.S. Court of Appeals for the Seventh Circuit held that data breach victims suffer injury for purposes of Article III standing and can thus have their day in court against companies who fail to protect their personal information from hackers.
Nearly one-half of smartphone bankers are banking from their mobile phones in the bedroom. Additional findings show 30% bank while in the bathroom and 13% while driving. Among online smartphone shoppers, 4% of them are shopping on their mobile phones while crossing the street or standing in line (18%).
Apple Pay is making everyday payments even better by adding support for rewards programs and store-issued credit and debit cards with iOS 9. Apple Pay will also give shoppers more ways to pay in the US, expanding merchant acceptance to over one million locations next month and bringing support for Discover this fall.
Digital payments are coming of age as Visa Checkout increases consumer engagement and higher order values for online merchants. A new report from comScore found that Visa Checkout shoppers convert to online buyers at a rate of 69%.
Nearly 13 million U.S. consumers were victims of identity fraud last year, a 3% decline from the same period in 2013. New account fraud hit a record low last year.
The first mobile wallet designed exclusively for a retail card partner is here. Marcus and Capital One have introduced the new Neiman Marcus (NM) Mobile Wallet, now available within the NM App for all Apple iPhone users.
Visa is expanding the use of new security technology that replaces the traditional 16-digit Visa account number with a unique series of numbers, helping to prevent exposure of sensitive consumer account information in online and mobile payments.