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.
New stunning research shows the average estimated price for stolen credit and debit cards: $5 to $30 in the United States; $20 to $35 in the United Kingdom; $20 to $40 in Canada; $21 to $40 in Australia; and $25 to $45 in the European Union. Also, bank login credentials for a $2,200 balance bank account selling for $190.
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.
AARP and Google want New Yorkers age 50+ to be smart online to keep identity thieves out of their wallets and to protect their personal information. Today, at an event co-hosted by the AARP Fraud Watch Network and Google at Google’s Chelsea offices, the groups released the top five tips that every New Yorker should know to avoid identity theft and keep their passwords, credit cards, and other sensitive financial information safe.
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%.
In today’s CardFlash News Que: USAePAY (@Pay); CREDIT SESAME (funding); VELCRO PAY (merchants); JAWBONE (president).
MasterCard is beefing-up MasterCard Business Network by putting c-suite level information at business owners. MasterCard Business Network 2.0 was built in collaboration with and is powered by BCSG, a cloud solutions provider which supports small business clients around the world.
NCR’s Digital Insight is providing Touch ID functionality for mobile banking applications to its financial institution customers. Touch ID will be generally available later this year.
Visa Checkout will grow from 10 countries to 16 countries by the end of 2015. Over three million Visa Checkout accounts have been created to date.
Toronto-based CIBC reports it has supported the enrollment of tens of thousands of CIBC credit card holders in Visa Checkout since the bank introduced direct client access to the online payment service through its website last fall, the first Canadian bank to do so.
Intel acquired PasswordBox, a Montreal-based and award-winning provider of a cross-platform identity management service that gives users a convenient way to log into all of their websites and applications from any device without having to type or remember passwords.