Category Archives: Credit Card Processing

Deutsche Bank joins China’s NetsUnion Clearing Corporation network

This post was originally published on this siteDeutsche Bank (China) Co., Ltd today announced that it has joined the NetsUnion Clearing Corporation’s network (NUCC) to facilitate the e-wallet payments of its corporate clients. Officially launched in 2018, NUCC is a critical component of China’s financial infrastructure system. NUCC is the designated platform for all mobile…..

OpenWay integrates with Gemalto HSM

This post was originally published on this siteOpenWay, a global leader in digital payment processing software, today announced the successful integration and compatibility of its WAY4 payment processing platform with the Gemalto SafeNet Payment Hardware Security Module (Luna EFT 2). This means that processors, card issuers and merchant acquirers that are already using this HSM…..

PayPal lets users instantly transfer funds to bank accounts

This post was originally published on this sitePayPal is rolling out an Instant Transfer feature in the US, allowing consumers, and soon businesses, to instantly move money that they receive via the service into their bank accounts. Instant Transfers is being rolled out to US consumers now, with businesses to get access in the coming…..

Jack Henry hits faster payments milestone

This post was originally published on this siteJack Henry & Associates, Inc. (NASDAQ: JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. The organization today announced that it is in active onboarding with the Zelle Network® to launch JHA PayCenter™, a proprietary payments hub that provides…..

BNL's Axepta enables WeChat Pay in Italy

This post was originally published on this siteAXEPTA – BNL Group company dedicated to payments – is the first Italian player to launch the WeChat Pay payment service at its affiliated clients. AXEPTA has developed a system that, thanks to the technology platform provided by SIA, allows merchants to accept payments made via WeChat App……

PayPal to invest $750m in Argentinian e-commerce giant MercadoLibre

This post was originally published on this sitePayPal has agreed to invest $750 million in MercadoLibre as part of a $1.85 billion equity offering designed to help the Argentinian e-commerce firm cement its position as the Amazon of Latin America. PayPal will make its investment through the purchase of common stock in Nasdaq-listed MercadoLibre. Meanwhile,…..

Visa Claims Resolution Could Mean Less Chargebacks

This post was originally published on this siteImplemented in 2018, the Visa Claims Resolution (VSR) program promises to resolve chargebacks faster and avoid invalid disputes by simplifying the dispute process. The program came after Visa discovered the average chargeback takes around 46 days to resolve at a high cost to Visa, merchants, ecommerce platforms, and…..

MasterCard and Doconomy Launch A Green Mobile Banking Option

This post was originally published on this siteIn light of global climate changes, Doconomy and MasterCard are working on a mobile banking service. This will change the face of credit card processing and payment processing. By engaging in this free service, users will be supporting the offsetting of carbon. They will no longer leave as…..

Credit Card Networks Could Make Shopping More Expensive in the Near Future

This post was originally published on this siteThe three largest credit card processing networks are preparing to increase their fees later this year, and this action could trigger a domino effect affecting banks, merchants and consumers. A report published by the Wall Street Journal on February 15 indicates that the increase could happen as early…..

How Your POS Can Improve Customer Satisfaction

This post was originally published on this siteThe POS system you use is crucial to providing customer satisfaction. It can do a lot more for your business than you may realize. For example, it makes every transaction quicker, something customers generally appreciate. Using POS software such as Erply provides you with many advantages. The main…..