Post Tagged with: "payment processing"

PayStand Offers First Bitcoin mPOS

PayStand Offers First Bitcoin mPOS

by March 26, 2015 at 11:38 am 2 comments

Bitcoins could soon be easier to use at your local point-of-sale. Payment processor PayStand, which made waves last year with its announcement that it would process bitcoin transactions along with credit cards and ACH in its online payment platform, is now moving into the POS space with a mobile app thatRead More

Visa, MasterCard in Talks with Mobile Wallets for ‘Cardholder Present’ Rate

Visa, MasterCard in Talks with Mobile Wallets for ‘Cardholder Present’ Rate

by September 10, 2014 at 11:47 am 20 comments

Sources tell us that Visa and MasterCard are looking to advance all mobile wallets by lowering their transaction fees.

Simple 2.0: Redesign & New Features

Simple 2.0: Redesign & New Features

by August 19, 2014 at 11:58 am 1 comment

Simple 2.0 is not only a major redesign but adds a plethora of new features, leveraging newly developed technology.

10 Fastest Payment Processors in the World

10 Fastest Payment Processors in the World

by June 12, 2014 at 1:41 pm 0 comments

Litle & Co. is the world’s fastest payment processor — again. The Vantiv-owned company has topped the rankings every month of 2014, according to the GatewayIndex from Spreedly and Shopify. Litle processed transactions in 0.7 seconds on average in May. The slowest company tracked by the index for May was Melbourne-based Pin, which took anRead More

53 Fastest Payment Processors in the World

by March 27, 2014 at 9:57 am 0 comments

Which merchant processor puts through payments fastest? The winner last month was Litle & Co., the Vantiv company. Litle also was fastest in January 2014. Processing speed matters because it is a marker of investment and technical prowess on the part of the payment processor. Here are the 53 fastestRead More

Should Banks White-Label Bitcoins?

Should Banks White-Label Bitcoins?

by February 28, 2014 at 11:32 am 1 comment

Mt.Gox declared bankruptcy today, leading to widespread fears about the security of other bitcoin exchanges. Could banks step into the breach? Could banks even release their own brands of virtual currencies? In the early days of paper money, banks issued their own notes. (See left.) But as time went on,Read More

Free Bitcoin Processing a Sign of Why Alt-Currency Remains on the Rise

Free Bitcoin Processing a Sign of Why Alt-Currency Remains on the Rise

by January 22, 2014 at 2:49 pm 0 comments

Payment discounts rate may vary, but they are never 0% — except if bitcoins are involved. Cryptopay, a London-based payments company, is now offering free processing for payments using bitcoin for two months. The deal is yet another sign why bitcoin momentum remains strong. Indeed, ฿1 continues to trade above $800Read More

CFPB’S Richard Cordray is Uncompromising. Do you see a little Joe Clark in him?

by September 12, 2013 at 3:05 pm 0 comments

The inspirational movie Lean On Me featured Academy Award winner Morgan Freeman in the role of principal Joe Clark, a no-nonsense reformer and disciplinarian who turned around a failing inner city school. His first day on the job, Clark held an all school assembly in which he expelled the worst “students” en masse and toldRead More

Aligning Payment Processing Services and Customer Experience

Aligning Payment Processing Services and Customer Experience

by April 8, 2013 at 10:54 am 0 comments

Retail Systems Research (RSR) released a Fast Fact titled, “Retail Payments and the Customer Experience: Waiting for Processors”. It was taken from RSR’s first benchmark report on the retail payments process, released in March 2013.