Swipely began promoting its services through ISOs, value-added resellers and other third parties about a year ago, and the channel now accounts for a third to a half of the company's new customers. more »
ISOs and lenders are recognizing that business lendings not a one-size-fits-all proposition, and they have come to rely on merchant cash advances for some businesses and merchant loans for others. more »
For payment technology developers, the stakes couldnt be higher as the FCC develops new rules that could support or eliminate net neutrality, a system in which web access is equal for most users, regardless of size. more »
Merchant cash advances work better for some merchants, while other merchants prefer business loans. Informed ISOs can help them make the choice.
The card networks have come under pressure to lower interchange rates in number of countries, providing ammunition for retailers demanding similar cost adjustments in the U.S.
LAS VEGASApple Pay and the card networks support is boosting tokenization as a security option for mobile payments, but fraud trends suggest an even more layered approach will be necessary.
Acquirers are encouraging vending-machine operators to add card and mobile electronic-payment acceptance, which could represent a whole new category of transactions.
The "marriage" that Apple's CEO and Alibaba's founder are hinting at could create a mobile wallet with a global reach that well exceeds that of competitors in either company's home market.
An automated onboarding and underwriting tool for ISOs can capture the details of any interaction with merchants and make those details conveniently available for subsequent conversations.
The Northeast Acquirers Association winter conference is moving to Boston this year after a 14-year run at Mount Snow, Vt.
The power of an email blast offering merchant cash advances came as a shock to an ISO who was immediately inundated with more calls and email messages than he could handle.
Next years updates to the Payment Card Industry data security standards will provide retailers with better protection, but hackers will target the weaknesses of companies that dont put in extra effort.
SAN DIEGOBig data can combine information from a variety of sources to tip off ISOs and agents when their merchants are preparing to leave for another transaction-services provider.
SAN DIEGOWhen customers Google a businessperson, the LinkedIn profiles near the top of search results.That makes it vital to portray yourself as you would have others perceive you.
SAN DIEGO--The acquiring industry is apparently dropping its wait and see attitude toward Bitcoin, the cryptocurrency thats becoming increasingly respectable. That goes for some other digital currencies, too.
SAN DIEGOBig data can combine information from a variety of sources to tip off Independent sales organizations when their merchant clients are preparing to leave for another transaction-services provider.
SAN DIEGOApple and Samsung joined the Electronic Transactions Association this week, providing further evidence that the acquiring industrys trade group is welcoming technology companies as members.
PALM BEACH, Fla.Hardly anyone at last weeks gathering of acquiring executives could utter a sentence without the phrase "Apple Pay."
PALM BEACH, Fla.Handling transactions seems secondary for the tech giants now entering the payments industry, says Diane Offereins, Discover Financial Services executive vice presidentpayments.
The House Oversight Committee has turned its focus to the role of the Federal Trade Commission in the Operation Choke Point.