A thoughtful analysis on Pymnts. com talks about some of the unexpected “fallout” from the recent high-profile credit card breaches. One might expect that such an event would accelerate the calls for adapting more secure “EMV” card standards here, or even spark discussions on whether customers should have ever-shifting “account numbers,” etc., as a way of minimizing security risks. And those discussions have happened.
On the Road: Best Cards For the Season Ahead
Memorial Day beckons as the official kick-off to the summer travel season, but your AVPS blog correspondents already have one child flying back from college for the break, and we’ve booked an interestingly complicated itinerary for a summer flight of our own. So travel season, it appears, is here.
….And Yet, M-Commerce — and M-Everything — Is Still On the Rise!
The headline is a direct follow up to last week’s blog post, which concerned one merchant’s unfortunate overreaction to “showrooming,” that mobile-device enabled method of seeing a product “live” in a store, then turning to a handy screen to see if you can get it for a better price.
More on the Young, and their Credit
A few weeks back, we mentioned some conflicting reports on young adults and their use of credit. On the one hand, they were getting deeper in debt — due to sluggish job prospects and increased school costs, among other things. On the other, they were generally preferring to use debit cards, instead of credit cards, to pay for things where plastic was required, to avoid piling up even more debt.
Checks — They’re Not Just for Paper Anymore
In our dauntless search to bring you all the news in the credit card and card processing industries — to…
ACH Processing: A Reliable Way to Process Your Customers Payments
You may have heard the term Automated Clearing House or ACH at one point or another while doing business. Processing…
Electronic Funds Transfer: Providing a Convenient Alternative to Traditional Processing Methods
Electronic Funds Transfer (EFT) is a convenient way to receive and send payments in non-paper form. It is an electronic…
Automated Clearing House: What Portion of Check Processing Do They Perform?
Automated payments are sent through an electronic network for authorizations and funds transfer. Each transaction is sent to a clearing…
ACH Transfer: Embracing Technology Driven Payment Processing
Your company can use ACH or Automated Clearing House transactions for many purposes including paycheck direct deposit, local customer payments,…