Dozens of U.S. cities had chargeback rates that exceeded the 1% threshold set by Visa and MasterCard. Within the Northeast region, there are 10 cities/ZIP codes with the highest chargeback statistics.
In today’s CardFlash News Que: CHECKALT (FinTech); ThreatMetrix (expansion); NCR (Billa); and FINGERPRINT (earnings).
The new version of SPARROW’s Easy Charge incorporates powerful features like picture tiles for quick order taking and a new encrypted credit card swiper.
Retail Management Solutions has released a comprehensive, updated e-book, titled: A Pharmacy Owner’s Guide to Point of Sale Security.
The U.S. Department of Defense issued a final rule expanding the types of credit products that are covered by the 36% rate cap and other military-specific protections under the Military Lending Act. The Act provides servicemembers and their dependents with specific protections for their “consumer credit” transactions.
Mobile transactions are a growing category in a very real sense, with awareness of the various payment opportunities the category offers continuing to rise. What’s more, majorities of Americans indicate that tapping to pay could be useful across a broad gamut of retailers and service providers.
Visa and Verifone announced a partnership that will enable merchants to offer their customers a more streamlined, secure purchase experience across digital and face-to-face commerce environments, often referred to as omni-channel commerce.
The global business-to-consumer (B2C) e-commerce and online payment market will begin to slow this year, nonetheless B2C e-commerce worldwide is expected to top a trillion euros by 2018. Asia-Pacific region is forecasted to be the fastest growing B2C E-Commerce market worldwide.
Hamburg-based business intelligence organization yStats.com reports that even as forecasted global growth rates slow from close to +20% in 2014 to around 10% by 2018, B2C E-Commerce worldwide is expected to top a trillion euros by that year.
American Express International Card Services reported third-quarter net income of $142 million, unchanged from a year ago. Gross Dollar Volume for the International unit in the third quarter rose 4% to $33.9 billion.
CardWeb.com’s CardPixes database of more than 7,000 card images today features the Club Carlson Premier Rewards Visa Signature. The card is issued by U.S. Bancorp.
Paris-based SlimPay says that as of October 1st , all direct debit transactions performed by SlimPay will qualify for Liability Shift. Merchants will be 100% protected in case of consumer disputes filed for unauthorized transactions.