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
Post Tagged with: "payment processing"
Sources tell us that Visa and MasterCard are looking to advance all mobile wallets by lowering their transaction fees.
Simple 2.0 is not only a major redesign but adds a plethora of new features, leveraging newly developed technology.
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
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
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
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
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
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.