News for Sterling Payment Technologies

Credit card issuing increased last year

Last year, card issuers and financial institutions issued 14 percent more new cards to consumers, bringing the number up to approximately 42.3 million, according to TransUnion. ... more

Credit card companies sign up with mobile payment platforms

Many major credit card companies are partnering with mobile carriers this week at the Mobile World Conference ... more

Visa reports payment processing growth

The amount of payments processed grew 11 percent to $994 billion in 2011. ... more

Online retail sales expected to continue growing

Last year, over half of Americans bought something online, spending more than $200 billion collectively through online credit card processing services, and that number is expected to grow ... more

Visa releases over-the-air mobile payments to speed up adoption

In an effort to promote the adoption of mobile and contactless payment technology, Visa has announced the release of a new service that will make it easier for consumers to use smartphones as a wallet. ... more

QR codes could leave consumers vulnerable

QR codes are a cheaper option to near field communication (NFC) mobile payment technology, but they might also be riskier ... more

Mobile payment technology going to the Olympic and Paralympic Games

Attendees of the 2012 Olympic or Paralympic games will get to test drive mobile payment technology before it becomes common in retail stores worldwide. ... more

Retailers should focus on PCI, experts say

Experts from the Payment Card Industry Data Security Standards (PCI DSS) council advise retailers to make the most of the security and not to put off adoption. ... more

Retailers could see more prepaid cards in the future

To make prepaid credit cards more appealing, some issuers are offering customers better incentives. ... more

Report shows that ecommerce holiday shoppers plan ahead

Online retail sales pushed $50 billion for the 2011 holiday season, driving ecommerce up by 14 percent, but a recent study revealed new information - that consumers spent the most early on in the season. ... more

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