Payment Options

Local Payment Options Key to Global E-Commerce Success
May 12, 2016 at 11:12 am

As your company expands its e-commerce efforts into international markets, understand that your global websites must do more than speak the language. You need financial fluency, too — i.e., a clear understanding of your new customers’ buying habits, particularly their preferred payment platforms. MotionPoint Corporation localizes e-commerce sites for retailers around the world. Based on…

Wal-Mart Sues Visa Over Chip Transactions With Debit Cards
May 11, 2016 at 11:15 am

Wal-Mart is suing Visa for allowing customers to verify chip-enabled debit card transactions with a signature instead of a PIN. The lawsuit filed Tuesday in New York Supreme Court says that Visa requires Wal-Mart to accept signature-based transactions for chip debit cards, which Wal-Mart says are a less secure method of payment than PIN-based payments and…

Why Apple Pay and Other Mobile Wallets Beat Chip Cards
May 9, 2016 at 10:03 am

Many merchants and retail workers are watching their lives play in slow motion when they process credit cards. To combat fraudulent transactions, the retail industry is shifting away from the traditional magnetic stripe toward tiny computer chips embedded inside cards. The chip technology, known as E.M.V. (for Europay, MasterCard and Visa), has been around for…

Wal-Mart, Visa Are Fixing the Worst Thing About Chip Credit Cards
April 20, 2016 at 10:38 am

If you're tired of how much longer checkout at a store is taking since the rollout of new chip-enabled credit and debit cards, relief may be on the way. Visa said on Tuesday it had upgraded its software to improve the processing of chip-enabled cards and reduce checkout times. The payments company said the upgrade will…

EMV Implementation and In-Store Liability: What Retailers Should Know
April 18, 2016 at 10:40 am

The payments industry is evolving rapidly, between the switch to Europay, MasterCard, and Visa (EMV) in the United States this past year along with the successes and failures associated with mobile payments. With new innovations and technologies also comes a shift in consumer behavior and expectations.

Wal-Mart Fires Back at Costco With New Cash Rewards
April 1, 2016 at 9:39 am

Wal-Mart is rolling out new cash-back rewards for its credit and prepaid cards. The retailer's cards — the Wal-Mart MasterCard, Wal-Mart credit card and prepaid MoneyCards — will now offer 3 percent back on purchases made on Walmart.com, 2 percent back on fuel purchases at Wal-Mart or Murphy USA gas stations, and 1 percent back on…

The Forecast for E-Commerce
March 28, 2016 at 12:10 pm

E-commerce took a couple big leaps forward in innovation and efficiency in 2015. While it’s easy to examine past success and the trends of the previous year, the most important thing retailers can do now is use that knowledge to stay ahead of the curve. Here are three of the most important trends that online retailers…

Apple Pay Coming to Mobile Websites Before Holiday Shopping Season
March 25, 2016 at 9:38 am

Apple Pay is finally ready to move beyond apps. Apple has been telling potential partners that its payment service, which lets shoppers complete a purchase on mobile apps with their fingerprint rather than by entering credit card details, is expanding to websites later this year, multiple sources told Re/code. The service will be available to shoppers using…

Chip-Card Payment System Delays Frustrate Retailers
March 23, 2016 at 11:00 am

Avi Kaner, a co-owner of the Morton Williams supermarket chain in New York, has spent about $700,000 to update the payment terminals at his stores. Trouble is, he cannot turn them on. The new terminals can accept credit and debit cards with embedded digital chips, a security feature intended to reduce the number of fraudulent purchases. But before…

4 Things to Consider When Selecting a Merchant Services Provider
February 9, 2016 at 10:11 am

Have you ever tried buying something at a store, restaurant or convention and watched the merchant fumble around with one of those Square or PayPal card readers? The idea of customers standing around and waiting for someone to take their money drives me crazy. If it wasn’t for the face-to-face, personal nature of in-store transactions,…