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1 - 10 of 53 Results

  • / Technology

    Class action suit challenges credit card companies` fraud tactics and fees

    Filing on behalf of all direct merchants, the second case against credit card companies in a month argues that Visa, MasterCard, American Express and Discover fail to fight fraud and then charge merchants undisclosed fraud-related fees.

    Posted 06/09/2003Kurt PetersPost a comment

    Filing on behalf of all direct merchants, the second case against credit card companies in a month argues that Visa, MasterCard, American Express and Discover fail to fight fraud and then charge merchants undisclosed fraud-related fees.
  • / Technology

    Online merchants go too far in guarding against fraud, analyst says

    Since Visa reduced the chargeback percentage that induces penalties to merchants, many online retailers have gone too far in guarding against chargebacks with transaction reviews, an analyst says.

    Posted 01/26/2004Kurt PetersPost a comment

    Since Visa reduced the chargeback percentage that induces penalties to merchants, many online retailers have gone too far in guarding against chargebacks with transaction reviews, an analyst says.
  • / Technology

    Merchants sue MasterCard, Visa over ‘exorbitant’ interchange rates

    30minphotos.com leads five merchants in filing a class action suit charging MasterCard International, Visa International and their merchant banks with illegally fixing interchange rates—the fees merchants must pay to accept credit cards.

    Posted 06/28/2005Paul DemeryPost a comment

    30minphotos.com leads five merchants in filing a class action suit charging MasterCard International, Visa International and their merchant banks with illegally fixing interchange rates—the fees merchants must pay to accept credit cards.
  • / Technology

    CyberCash, First Data Partner In CashRegister Deal

    Internet payment software and services firm CyberCash Inc. and e-commerce and payment services First Data Corp. say that First Data's patent-pending technology, VirtualApp, has been integrated into CyberCash's CashRegister Internet payment service. This solution will enable Internet merchants to apply for merchant accounts online, receive a response within minutes and begin processing payments, the companies say. VirtualApp, claims Atlanta-based...

    Posted 01/19/2001Don DavisPost a comment

    Internet payment software and services firm CyberCash Inc. and e-commerce and payment services First Data Corp. say that First Data's patent-pending technology, VirtualApp, has been integrated into CyberCash's CashRegister Internet payment service. This solution will enable Internet merchants to…
  • / Technology

    New connectivity option offers faster, more secure dial-up card processing

    Paymentech’s NetConnect service protects against online hackers and shrinks dial-up access for card authorization to 3 seconds.

    Posted 09/18/2003Mary WagnerPost a comment

    Paymentech’s NetConnect service protects against online hackers and shrinks dial-up access for card authorization to 3 seconds.
  • / Technology

    First Data Partners With eCongo

    Merchant processor First Data Corp. has signed a deal to market its processing services through eCongo.com Inc., a provider of free e-commerce software to Web merchants. Los Gatos, Calif.-based eCongo, which distributes software both directly to small merchants and to middlemen, has incorporated Atlanta-based First Data's merchant-processing services into its software so that client merchants can apply for a merchant account online and process...

    Posted 01/19/2001Don DavisPost a comment

    Merchant processor First Data Corp. has signed a deal to market its processing services through eCongo.com Inc., a provider of free e-commerce software to Web merchants. Los Gatos, Calif.-based eCongo, which distributes software both directly to small merchants and to middlemen, has incorporated…
  • / Technology

    MasterCard Feels The Heat

    MasterCard International is feeling the heat from Internet companies developing alternative online payment methods. In the keynote address at Faulkner & Gray's Credit Card Forum XII in Miami, President and CEO Robert W. Selander said that the association's card issuers must find their own alternate payment programs for "the huge number of people surfing the Internet who don't qualify for traditional payment cards" as a target market the...

    Posted 01/19/2001Don DavisPost a comment

    MasterCard International is feeling the heat from Internet companies developing alternative online payment methods. In the keynote address at Faulkner & Gray's Credit Card Forum XII in Miami, President and CEO Robert W. Selander said that the association's card issuers must find their own alternate…
  • / Technology

    Visa changes merchant criteria for PCI standards

    Visa U.S.A. is shifting higher-volume merchants across all channels into a more rigorous compliance validation category for the Payment Card Industry Data Security Standard, the association announced today.

    Posted 07/21/2006Paul DemeryPost a comment

    Visa U.S.A. is shifting higher-volume merchants across all channels into a more rigorous compliance validation category for the Payment Card Industry Data Security Standard, the association announced today.
  • CyberSource relaunches BidPay auction payment service

    CyberSource, provider of electronic payment processing and risk management for online retailers, has relaunched the BidPay auction payment service. CyberSource purchased BidPay.com Inc. from First Data Corp. in March.

    Posted 06/16/2006Kurt PetersPost a comment

    CyberSource, provider of electronic payment processing and risk management for online retailers, has relaunched the BidPay auction payment service. CyberSource purchased BidPay.com Inc. from First Data Corp. in March.
  • / Technology

    PayPal branches into card acceptance for small to mid-sized merchants

    PayPal is moving into merchant acquiring, offering credit card merchant accounts as part of its newest product offering, Website Payments Pro.

    Posted 06/17/2005Kurt PetersPost a comment

    PayPal is moving into merchant acquiring, offering credit card merchant accounts as part of its newest product offering, Website Payments Pro.

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