payment card debit
Economic Analysis of Wireless Point of Sale Payment in China
White Paper Many medium and smaller merchants do not offer debit card payment because of the interchange fee and the cost of acquiring the point of sale (POS) terminals for debit card (and credit card) payment. China has a single debit and credit card network... [20 Apr 2005]
How to comply with the Payment Card Industry Standard
White Paper The Payment Card Industry (PCI) Standard applies to every organization that processes credit or debit card information, including merchants and third-party service providers that store, process or transmit credit card/debit card data. [30 Apr 2008]
'Tap and go' plastic arrives in London
News The so-called "tap and go" payment feature can be added to any MasterCard credit, debit or prepaid card or Maestro debit card and HSBC and the Royal Bank of Scotland have already signed up to use the technology. [04 Sep 2007]
Paying by iris and fingerprint - the next chip and PIN?
News Existing forms of payment - such as credit and debit cards - are under constant attack from hackers and fraudsters so banks and retailers are on the lookout for more secure technologies. The scanner allows consumers to link their fingerprint to... [14 Mar 2006]
New Look IT glitch raids customers bank accounts
News New Look is blaming a "technical issue with credit data" that resulted in transactions in up to 30 stores being processed twice by GE Capital.silicon.com was contacted by one customer who noticed a mystery Maestro debit card payment of £70 had... [07 Jun 2005]
Retailers fear contactless payments
News For Tesco the cost of accepting £100 worth of cash transactions works out at around 5p whereas it would be as much as 10 times this for contactless payments if the pricing structure were similar to that of a MasterCard or Visa debit card transaction. [24 Apr 2007]
Visa to launch 'wave and pay' cards in UK
News Visa is planning on using RFID-enabled dual-use debit cards, based on its own Visa Contactless payment technology, but is also understood to be in talks with mobile manufacturers to use near field communications (NFC) technology that will enable a... [24 Nov 2006]
The end of free online payments - by Paypal decree
News While credit cards will remain the preferred method of payment, the debit option will come a close second, according to Jim Van Dyke, research director of the financial services group at Jupiter Media Matrix. [06 Nov 2001]
Cash to become a thing of the past?
News Out of the 3,000 debit card holders surveyed, 52 per cent said Europe will be cash free by 2016 but 48 per cent said they would still carry paper and coin currency. The challenge the payments industry faces is increasing both merchant acceptance... [10 Feb 2006]
Streamlining How Merchants Do Business
White Paper The first company to offer both Visa and MasterCard processing through a single source in Canada, Moneris Solutions is now the fourth largest credit and debit card processor in North America. It wanted to provide merchants across Canada with a... [21 May 2004]
Visa to trial 'tap and go' debit cards in London
News Visa is planning on using RFID-enabled dual-use debit cards for the trial, based on its Visa Contactless payment technology, but is also understood to be in talks with mobile manufacturers to use near field communications (NFC) technology that... [26 Jun 2006]
Vodafone launches mobile payment service
News Vodafone customers can now register their credit or debit card details once on a Vodafone website. Jim Wadsworth, head of m-commerce, Vodafone UK, said: "Our customers no longer need to spend time filling in lengthy forms with their credit or debit... [24 Sep 2002]
Online cash payments on the cards?
News There is already evidence that this is starting to happen as a number of major retailers are considering adding alternative payment methods to the standard debit and credit card. But when HMV ran an online promotion for the band McFly to its great... [22 Oct 2007]
Devil's Advocate: Waking up to broadband
Comment When I have asked why they insist on credit card payments, the honest answer has been that it is so much easier for the subscriber to cancel a direct debit. With the latest attractive offers from non-BT suppliers, payable by direct debit, I have... [13 May 2003]
Consumers spend £16bn online
News A spokeswoman for Apacs, said: "[C]redit cards are far more popular for online payment than debit cards - a direct reversal of card use in other retail environments. Debit cards took a lower share, with just £0.03 for every £1, although they... [12 Sep 2005]
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