Don't you miss the days when you could trust using your birthday as a password? Now every website wants you to register a password with what seems like a minimum of three letters (at least one capital), six non-sequential numbers, … Continue reading
PayPal may be the most trusted name in online payment processing, but it can now be used in "the real world." The internet mogul is going live in two million retail locations across the country where Discover cards are accepted. … Continue reading
A Bitcoin is a digital currency that provides instant payment anywhere in the world. It has gained wide popularity in the last few years, and more small businesses are now accepting Bitcoins for their online transactions. Some merchants believe they … Continue reading
Up until now, PayPal and similar electronic payment processors have been able to avoid excessive fees from credit card companies, with those companies assuming all the costs for transactions in their systems. MasterCard has finally grown tired of this, and … Continue reading
Visa's digital wallet product, V.me, grew significantly yesterday with the addition of two major banking partners. Bank of America, with an estimated 30 million online customers, and the Royal Bank of Scotland have both agreed to offer V.me. Earlier this … Continue reading
Bank of America has introduced a mobile payment system that turns smartphones and iPads into credit card readers. The "Mobile Pay on Demand" service is a joint venture between the bank and payment processor First Data. It will become available … Continue reading
Visa has significantly expanded its reach into the digital payment industry. Visa's digital wallet service, V.me, is adding more than 50 financial institutions, including PNC, U.S. Bank, BBVA/Compass and BB&T. This increases Visa's potential base of cardholders to 55 million. … Continue reading
PayPal is now selling its card reader product, PayPal Here, at the 1,800 AT&T stores throughout the United States. The product enables merchants and sole proprietors to take a debit or credit card payment through a dongle that attaches to … Continue reading
Credit Card Settlement Could Stymie PayPal's Retail Plans A provision within the hotly-contested settlement between merchants and credit card networks could potentially slow PayPal's bid to become more widely accepted at grocery stores, restaurants and other retailers. Retailers that choose to … Continue reading
Today, Groupon launched a payment service that enables merchants to accept credit card payments using a card reader attached to an iPhone or iPodTouch. By entering this market, Groupon Payments will take on the two leaders, PayPal and Square. Groupon … Continue reading
Discover is attempting to partner its way into mobile payments and increasing its market share. The credit card company is partnering with PayPal and will equip the more than seven million U.S. merchants that accept Discover with the option to also accept PayPal … Continue reading