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Industry News - Payment Processing Technologies

BofA introduces new travel cards

May 10, 2012

Customers at Bank of America will be able to sign up for three new credit card programs that give added travel rewards. ... more

Credit card security sparks debate within industry

May 02, 2012

One of the biggest topics of debate in the merchant services industry is whether to use signatures or personal identification numbers (PINs) to validate purchases on credit cards. ... more

Apple files patent for NFC product

May 01, 2012

Near field communication (NFC) is one of the fastest-growing trends when it comes to emerging payment processing technology. ... more

Visa introduces new mobile payment systems in Europe

May 01, 2012

The largest credit card company in the world recently announced that it would be introducing a mobile payment system in Europe in the fall. ... more

TGI Friday's to let diners pay with mobile app

May 01, 2012

While some have become accustomed to using mobile payment terminals to pay for items at retail stores, not many have been using the system to pick up checks at restaurants. ... more

Survey: Mobile payments will replace traditional transaction by 2020

Apr 30, 2012

A recently released Pew Research Study revealed that by 2020, mobile credit card processing will represent the majority of transactions. ... more

Ecommerce study reveals emerging consumer trends

Apr 27, 2012

Ecommerce shoppers are spending more of their disposable incomes at web-based stores and using a variety of devices when browsing, a report by WorldPay revealed. ... more

Businesses need ecommerce strategies to captures sales in emerging markets

Apr 24, 2012

Ecommerce sales in emerging markets, especially China and India, are expected to surge in the next few years. ... more

Mobile commerce experiencing growth

Apr 20, 2012

Mobile commerce is already experiencing investment, traffic and revenue growth even if mobile payment technology doesn't proliferate for a few more years ... more

People expect to pay with smartphones by 2020

Apr 18, 2012

A recent study by the Pew Internet & American Life project found that the majority of consumers expect to be able to pay with their smartphones instead of cash within the next eight years. ... more