How is the US fighting mobile payment fraud?

How is the US fighting mobile payment fraud? » PaymentEye How is the US fighting mobile payment fraud? 10 Sep 15 | Author Ben Rabinovich | The US is famous for having one of the worst track records when it comes to dealing with certain types of payment fraud. Data from 2013 revealed that America lost …

UK consumers say they won’t use cash in 10 years

40% of UK consumers say they won’t use cash in 10 years’ time 02 Sep 15 | Author Ben Rabinovich | Four out of ten people (43 per cent) have said that contactless payments are the future, whilst a quarter believe that cash won’t be used to pay for goods or services in just five years. The research, conducted …

Smartwatches the next big thing?

Smartwatches have become the ‘next big thing’ within the payments industry, but how many have been sold, and more importantly, who exactly is wearing them? The NPD Group has released an infographic detailing how many smartwatches have been sold, and which global regions contain the most smartwatch users. Wearable devices are proving very popular at …

High risk credit card processing at eComTechnology

It is the selling season and it is now time to get your payment processing solutions in order! New rates, updated products; the season in here! Do you have a high risk business in the United States, Europe, Canada or Asia? We can help! Since 2003 eComTechnology has been providing check and high risk credit card …

Mobile payments to top a billion

      The value of proximity mobile payments made in the United States in 2013 will top $1 billion, and rapidly reach an estimated $58 billion by 2017, according to eMarketer research. U.S. mobile payment transactions more than tripled between 2011 and 2012 in the U.S., ending 2012 at $529 million. This growth is …

Mobile payments to top a billion

      The value of proximity mobile payments made in the United States in 2013 will top $1 billion, and rapidly reach an estimated $58 billion by 2017, according to eMarketer research. U.S. mobile payment transactions more than tripled between 2011 and 2012 in the U.S., ending 2012 at $529 million. This growth is …

approval from Visa of RIM’s SEM solution

Research In Motion won't be left out of the growing mobile payments market. The BlackBerry maker announced Jan. 16 that Visa has approved its Secure Element Manager (SEM) solution, which enables mobile payments not just on BlackBerry smartphones but any device equipped with Near Field Communication (NFC) technology.   "The approval from Visa of RIM's …

PCI security standards for mobile payments

The council’s guidance on best practices is meant to improve security as the market for mobile payment solutions balloons. The PCI Security Standards Council (PCI SSC) is unveiling a set of best practices for mobile payment acceptance security. The standards, announced Sept. 13, follow predictions by analysts that the global mobile payment market will continue …

PayPal names new CEO

PayPal's mobile unit chief will become the online payments service's next CEO. David Marcus, PayPal's vice president of mobile, is succeeding Scott Thompson, who left in January to become CEO of Yahoo Inc. Marcus will move into the new job on Monday. Marcus's leadership should help PayPal continue its drive to move beyond traditional computers …

PayPal names new CEO

PayPal's mobile unit chief will become the online payments service's next CEO. David Marcus, PayPal's vice president of mobile, is succeeding Scott Thompson, who left in January to become CEO of Yahoo Inc. Marcus will move into the new job on Monday. Marcus's leadership should help PayPal continue its drive to move beyond traditional computers …