Merchant services

INGENICO GROUP: Ingenico chalks up a record number of micro-donations on its payment terminals in 2019

Retrieved on: 
Tuesday, March 10, 2020
Economy, Money, Finance, Ingenico, Payment systems, Merchant services, Payment terminal, Payment, Credit cards, Semi-integrated POS, NETS

The Group, a Tech for Good advocate, was the first supplier of payment solutions to incorporate donations into payment terminals in the United Kingdom, in 2011, and in France, in 2015.

Key Points: 
  • The Group, a Tech for Good advocate, was the first supplier of payment solutions to incorporate donations into payment terminals in the United Kingdom, in 2011, and in France, in 2015.
  • In 2019, there was a record number of micro-donations made on Ingenico solutions.
  • After developing micro-donations on payment terminals with Ingenico, we increased the total value of donations by a factor of ten on the previous year.
  • With the worlds largest payment acceptance network, we deliver secure payment solutions with a local, national and international scope.

Truevo Launches Point of Sale Solution in the UK, Ireland, Malta

Retrieved on: 
Wednesday, March 4, 2020
Economy, Money, Financial services, Merchant services, Payment systems, Acquiring bank, Credit cards

WELLINGBOROUGH, England, March 4, 2020 /PRNewswire/ -- Full-service card acquirer and payment service provider, Truevo , has announced the launch of their point of sale solution into the United Kingdom, Ireland and Malta today.

Key Points: 
  • WELLINGBOROUGH, England, March 4, 2020 /PRNewswire/ -- Full-service card acquirer and payment service provider, Truevo , has announced the launch of their point of sale solution into the United Kingdom, Ireland and Malta today.
  • Truevo CEO, David Liu, says, "The Truevo point of sale product provides partners and merchants with a much needed, fast and easy solution.
  • The terminals are some of the best in the market, and the turnaround to receive them is fast.
  • One thing is for sure, Truevo is enthusiastic about the new offering and will be making a strong push to support SMEs with all their point of sale needs.

Truevo Launches Point of Sale Solution in the UK, Ireland, Malta

Retrieved on: 
Wednesday, March 4, 2020
Economy, Money, Financial services, Merchant services, Payment systems, Acquiring bank, Credit cards

WELLINGBOROUGH, England, March 4, 2020 /PRNewswire/ -- Full-service card acquirer and payment service provider, Truevo , has announced the launch of their point of sale solution into the United Kingdom, Ireland and Malta today.

Key Points: 
  • WELLINGBOROUGH, England, March 4, 2020 /PRNewswire/ -- Full-service card acquirer and payment service provider, Truevo , has announced the launch of their point of sale solution into the United Kingdom, Ireland and Malta today.
  • Truevo CEO, David Liu, says, "The Truevo point of sale product provides partners and merchants with a much needed, fast and easy solution.
  • The terminals are some of the best in the market, and the turnaround to receive them is fast.
  • One thing is for sure, Truevo is enthusiastic about the new offering and will be making a strong push to support SMEs with all their point of sale needs.

Report: ISOs, Acquirers Finding Innovative Ways to Address Merchant PCI Compliance

Retrieved on: 
Tuesday, March 3, 2020
Economy, Payment cards, Financial services, Merchant services, Money, Information privacy, Payment systems, Computer law, Payment Card Industry Data Security Standard, Acquiring bank, Regulatory compliance

Among its findings, the ControlScan/MAC 2020 Acquiring Trends Report identifies new strategies ISOs, acquirers and other merchant service providers are employing in the face of increasing merchant PCI compliance challenges.

Key Points: 
  • Among its findings, the ControlScan/MAC 2020 Acquiring Trends Report identifies new strategies ISOs, acquirers and other merchant service providers are employing in the face of increasing merchant PCI compliance challenges.
  • ControlScan and MAC have tracked various aspects of acquirers PCI programsincluding who has them, their goals and achievements, and how theyre administeredsince 2011.
  • Gathering this data over time has provided the ability to follow trends and share unique insights into the state of merchant PCI compliance programs.
  • Acquiring Trends survey respondents consistently say that regular, ongoing communications and education are key to their merchant PCI compliance efforts.

"Friendly Fraud" Expected to Top 130 Billion in 2020--Chargebacks Hurting Merchants and Consumers

Retrieved on: 
Tuesday, March 3, 2020
Merchant services, Payment systems, Economy, Chargeback, Credit card, Service industries, Concierge, Internet fraud prevention

Credit card issuers must exert diligent investigations and adjunction when consumers demand chargebacks, instead of catering to them as a concierge service.

Key Points: 
  • Credit card issuers must exert diligent investigations and adjunction when consumers demand chargebacks, instead of catering to them as a concierge service.
  • By 2022, ecommerce will be responsible for 17% of all sales while one-third of the global population, or 1.92 billion people will shop online.
  • Yet, amongst the total amount of illegitimate chargebacks, only 18% of the 80% of merchants that file disputes actually win.
  • (2) This type of "friendly fraud" occurs when a consumer files a baseless chargeback, in effect disowning a legitimate purchase.

USAePay, a Leading Payment Gateway Service Provider, is Proud to Announce the Integration with Shopaccino

Retrieved on: 
Thursday, February 27, 2020
Economy, Payment systems, Money, Finance, Online payments, Merchant services, Payment processor, Payment card, Mobile payments, Credit cards, Authorize.Net, Braintree

Companies currently using or planning to use the Shopaccino eCommerce solution can now do so in conjunction with the https://usaepay.info payment processing gateway.

Key Points: 
  • Companies currently using or planning to use the Shopaccino eCommerce solution can now do so in conjunction with the https://usaepay.info payment processing gateway.
  • A leading payment processor, USAePay is known for its thorough and ongoing security and fraud prevention efforts.
  • The recent integration gives Shopaccino users the option to process credit card payments via the most secure methods available.
  • "We are pleased to announce this new integration with our reseller partners," said Martin Drake, President of USAePay.

Big Banks Edge Out Payment Specialists in Competitive Battle for Merchant Services Satisfaction, J.D. Power Finds

Retrieved on: 
Thursday, February 27, 2020
Banking, Professional services, Finance, Merchant services, Economy, Money, Finance, U.S. Bancorp, Payment systems, Elavon, Millennials, Credit, Merchant account provider

Both Millennials and Gen Z business owners provide the highest satisfaction ratings to bank-owned merchant services providers compared with specialist providers.

Key Points: 
  • Both Millennials and Gen Z business owners provide the highest satisfaction ratings to bank-owned merchant services providers compared with specialist providers.
  • U.S. Bank Payment Solutions ranks highest in merchant services satisfaction with a score of 882.
  • U.S. Bank Payment Solutions provides merchant services to its small business clients through its subsidiary, Elavon.
  • These merchant acquirers also manage direct, standalone merchant services businesses that appear in the study rankings.

Chargebacks911 Launches Partner Onboarding App for Gateways, Fraud Filters and Merchant Service Providers

Retrieved on: 
Wednesday, February 26, 2020
Professional services, Data management, Security, Technology, Software, Finance, Networks, Merchant services, Money, Economy, Finance, Chargeback

Chargeback dispute management specialist, Chargebacks911, today launches a new onboarding product for partners that allows merchants to connect to their technology platform through their existing service provider.

Key Points: 
  • Chargeback dispute management specialist, Chargebacks911, today launches a new onboarding product for partners that allows merchants to connect to their technology platform through their existing service provider.
  • Third-party merchant service providers share a common interest when it comes to protecting their merchants, with many white-labelling or re-selling the Chargebacks911 software suite.
  • With growing industry demands and rising barriers to entry, Chargebacks911s new Partner Onboarding App is positioned to further streamline Partner integrations, allowing third party service providers such as fraud filters, gateways, payment service providers and more, the ability to connect their merchants almost instantly, leveraging value-added services through white-labelled or co-branded options.
  • Founded in 2012, Chargebacks911 is the first global company fully dedicated to mitigating chargeback risk and eliminating chargeback fraud.

U.S. Bancorp Announces Proposed Sale of Elavon Mexico Operations to Santander

Retrieved on: 
Monday, February 24, 2020
Professional services, Other Professional Services, Small business, Technology, Other Technology, Finance, Banking, Merchant services, Economy, Payment systems, Elavon, Money, Finance, U.S. Bancorp, Santander UK, Santander, PUERTO RICO

Elavon, global merchant acquirer and subsidiary of U.S. Bancorp (NYSE: USB), announced today that it has signed a purchase agreement to sell its Mexico-based operations to Santander.

Key Points: 
  • Elavon, global merchant acquirer and subsidiary of U.S. Bancorp (NYSE: USB), announced today that it has signed a purchase agreement to sell its Mexico-based operations to Santander.
  • We are always looking at ways to optimize our existing operations to create value and invest for the future, said Jamie Walker, CEO of Elavon.
  • All Elavon team members in Mexico, as well as operations and customer relationships, will transition to Santander as part of the deal.
  • Elavon provides end-to-end payment processing solutions and services to more than 1.3 million customers in the United States, Europe, Canada, Mexico, and Puerto Rico.

Cardknox Announces Its Browser-Based POS (Point-of-Sale) Solution

Retrieved on: 
Thursday, February 20, 2020
Economy, Money, Finance, Payment systems, Merchant services, Payment terminal, EMV, Omnichannel, Point of sale, Verifone

To simplify this frequently complex integration process, Cardknox is excited to announce its Browser-Based POS (BBPOS) Solution.

Key Points: 
  • To simplify this frequently complex integration process, Cardknox is excited to announce its Browser-Based POS (BBPOS) Solution.
  • This innovative technology makes it easy for developers to fully integrate EMV-ready payment terminals with browser-based POS systems, enabling them to provide merchants with a customized and secure checkout process.
  • Businesses in every industry rely on their POS systems to accept customer payments.
  • Cardknox is an omnichannel payment gateway that can be seamlessly integrated with POS systems, ERP software, e-commerce, and mobile platforms.