On The Webnbsp;
Steps being taken to address non-compliance with existing rules, rather than the introduction of new regulations, are the reason a number of Bitcoin card issuers are having to withdraw availability of their services from non-European customers, Visa has told NFC World.
“Green Dot will be the merchant of record that accepts credit and debit cards using Apple Pay to fund person-to-person money-sending transactions, Streit said, according to a SeekingAlpha.com transcript of the call. “Then when users receive money in Apple Pay cash, their money is securely kept in a Green Dot bank-issued Apple Pay cash account […]
“[A]s expert as ISVs may be in wiring and programming new POS gear, it’s hard to replace the sheer sales experience ISOs have developed over decades of recruiting small merchants for banks, payments gateways, and processors, the panel said.”
“Banks then are stuck between a rock and hard place. They are under pressure to cut costs, but if they don’t put the necessary cash into new tech initiatives, then their cost problems intensify. That’s where fintechs step in. “
“Remember the good old days? You carried a Visa card and you could use it anywhere Visa was accepted. Visa logo on the front of the card; Visa acceptance mark on the merchant’s window. To the cardholder, it was a Visa transaction; to the merchant it was a Visa transaction. No confusion.”
“There are some tectonic shifts going on, driven by tech and the geopolitical environment,” Staley said during a panel discussion Saturday at the annual meeting of the Institute of International Finance in Washington. “All the banks are very focused on the payments space. That may be where the battleground of finance is fought over the […]
“It is unknown how many have already decided to renew. Apple media representatives did not respond to repeated inquiries from Digital Transactions News. But expert observers and financial-institution executives argue most if not all of the early signees are likely to re-up or have already done so, despite financial terms many experts consider unusual if not onerous.”
“Paytm has partnered with ICICI Bank to launch Paytm-ICICI Bank Postpaid that will offer customers instant digital credit ranging from Rs 3,000 to Rs 10,000, and is extendable up to Rs 20,000. For now, the facility is available only to ICICI Bank customers who own a Paytm wallet. But the bank plans to roll out the option to non-ICICI […]
On The Wiresnbsp;
Star Micronics, the global industry leader in point-of-sale printer solutions, has teamed up with Sudzy, a leading-edge developer of POS software for the dry cleaning industry, to provide an all-in-one cloud-based iPad POS solution, featuring Star Micronics mPOP, which is certified with the Sudzy software.