Synapse Payment Systems

SEPTEMBER 27, 2022

The Clover point-of-sale system is a big step above a standard credit card terminal. Easy gift card processing is one reason Clover is a good POS system for many small businesses that want to grow. Gift cards are a great way to increase customer loyalty, customer base, and revenue. billion to 3.8

Push-to-Card 130

Push-to-Card Processors Process Card Association 130

Evolve Payment

NOVEMBER 19, 2024

Table of Contents PCI Compliance in a Nutshell PCI compliance, also known as the Payment Card Industry Data Security Standard , or PCI-DSS, is an important standard that major credit card companies like Visa and Mastercard have adopted to protect themselves and their merchants from the risks associated with exposed cardholder data.

PCI DSS 94

PCI DSS Compliance Processors Breach 94

PYMNTS

JUNE 19, 2017

With the popularity of online shopping, it should come as no surprise that there’s been an uptick in card-not-present purchases. Cards Association (UKCA) finds that the amount of purchases made through debit and credit cards has more than doubled in the past decade. A new report from the U.K. There were 6.7

Push-to-Card 43

Push-to-Card Card Association Contactless Payments Debit Card 43

PYMNTS

JANUARY 19, 2017

Retail Banking Research said consumers are moving away from carrying cash and taking more advantage of alternative payment methods. According to Retail Banking Research, payment cards accounted for 55 percent of cashless payments in 2015, up 50 percent from 2011. The increase in the use of contactless cards led to a record £2.9

Alternative Payment Methods 48

Alternative Payment Methods Debit Card Payments Contactless Payments 48

PYMNTS

JULY 11, 2017

And, as a result, higher fees for consumers levied by cautious lenders, when they lend at all? The Consumer Financial Protection Bureau (CFPB) has handed down a controversial ruling stating companies cannot opt to use arbitration clauses in their contracts with consumers in a manner that keeps consumers from joining class action lawsuits.

CFPB 40

CFPB Rules Consumer Financial Protection Bureau (CFPB) Credit Cards 40

Stax

MARCH 4, 2024

While debit and credit card transactions remain popular, many are now contactless, using near-field communication (NFC). Outside of standard card transactions, mobile wallets are gaining popularity, with 3.4 SET protocols use digital certificates that protect online credit card transactions.

PCI DSS 88

PCI DSS Payment Security Security MFA 88

PYMNTS

JUNE 26, 2017

have doubled the amount of cashless payments within the past decade due to the increased use of debit and credit cards, according to the UK Cards Association (UKCA) research we shared last week. The drivers of the U.K. Initially, people in the U.K. From 2006 at 6.7 billion purchases to 2016 at 16.4 billion, U.K.

Push-to-Card 65

Push-to-Card Research Card Association NOV 65

PYMNTS

JUNE 19, 2018

credit card market is massive. North America accounts for about 60 percent of the global card market, according to analysis from ResearchAndMarkets.com released earlier this year, while the American Banking Association found in April that about 70 percent of Americans have at least one credit card.

Commercial Card 40

Commercial Card Data Breach Credit Cards B2B 40

Evolve Payment

JUNE 27, 2023

Table of Contents It’s Time to Tackle Your Merchant Statement As a business owner, you rely on credit card processing to facilitate smooth transactions with your customers. Accepting credit card payments allows your customers to have a safe and secure transaction, knowing that their personal banking information will not be stolen.

Credit Cards 52

Credit Cards Processors Process Assessments 52

PYMNTS

JULY 15, 2016

Brad Fauss, CEO of the National Branded Pre-Paid Card Association and MPD CEO Karen Webster dug into the potential for these rules to create the kind of inconsistencies that could very well disadvantage the very consumers that the CFPB intended to protect. Who Uses Prepaid Anyway? So far, so good.

CFPB 40

CFPB Push-to-Card Rules Deposit Account 40

PYMNTS

FEBRUARY 1, 2017

The UK Cards Association reported that, as of Nov. 2016, there were more than 100 million contactless cards in issue in the U.K., According to Finextra , AIB customers are using contactless payment for more than 5 million transactions each month — and that number is only expected to grow.

Contactless Payments 40

Contactless Payments Transactions Payments Card Association 40

PYMNTS

AUGUST 22, 2016

Then, to get what’s in circulation off the street, he suggests that governments give consumers incentives to turn in those bills – so bring in a $100 bill and get more than its face value deposited to your bank account. Maybe not as much as they used to, but consumers still use cash because they still like using it.

Checks 41

Checks CFPB Bitcoin Payments 41

PYMNTS

AUGUST 12, 2016

As Yelp continues to figure out its own path to monetization, it announced a new feature that automatically adds consumers to the waitlist of restaurants listed on Yelp. Good for the consumer, good for the restaurant and good for Yelp — since it actually gives people a reason to want to use it more. Global Citizens.

Rules 40

Rules Fincen Online and Mobile Banking Cross-Border 40

PYMNTS

SEPTEMBER 12, 2017

Meanwhile, the industry itself roiled against the law through countless actions and lobby groups, noting that it would do far more to help attorneys than to protect consumers. Times reports , one of the more vociferous industry opponents of the arbitration rule was the Consumer Data Industry Association. According to L.A.

CFPB 47

CFPB Rules Breach Disputes 47