Payments Source

JULY 8, 2020

The role of EMVCo — which is often seen as an extension of the card brands that deals only with chip-based EMV plastic cards— has come into sharper focus.

EMV

Payments Source

SEPTEMBER 19, 2016

In order to successfully and scalably combat card-related fraud and digital payments hacking, organizations need to rely less on standards like EMV and PAN/PRN, and recognize today’s currency is no longer just about money.

EMV

Payments Source

APRIL 9, 2020

With the EMV liability shift date for automated fuel dispensers (AFD) looming, subject to any last-minute changes, we are seeing major changes at fuel sites across the USA. With close to 150,000 active fuel sites in the US alone, there are a huge number of individual pumps that will need to be upgraded to accept chip and PIN cards.

EMV

Payments Source

OCTOBER 25, 2016

As EMV's sales draw starts to fade, ISOs are starting to move on to other products.

EMV

Payments Dive

SEPTEMBER 10, 2019

The moving and storage industry can benefit tremendously from upgrading to a modern payment system that supports EMV and allows for alternative payment options.

EMV

Payments Source

APRIL 23, 2020

While an EMV transit system is a form of account-based ticketing (ABT), this assimilation is problematic, says OSPT's Jean-Philippe Wolyniec.

EMV

Payments Source

AUGUST 31, 2020

We anticipate the trend towards payments that limit contact to continue beyond COVID-19, says EMVco.'s s Brian Byrne.

EMV

PYMNTS

OCTOBER 19, 2018

To open its EMV® Secure Remote Commerce (SRC) specification for public comment for a 45-day period, secure payments enabler EMVCo has issued a draft version of the specification called version 0.9. is expected to define interfaces for the secure exchange of payment data and accommodate the use of dynamic data, such as cryptograms.

EMV

PYMNTS

JUNE 7, 2019

A new payment tool promises to ease a good deal of that friction. On Friday (June 7), EMVCo released its long anticipated EMV Secure Remote Commerce (SRC) Specification version 1.0. Another way to put it is that new EMV specification promises to enable many more seamless retail transactions. a relatively late adopter of EMV.

EMV

PYMNTS

DECEMBER 15, 2016

Collect for Stripe, a new app built by entrepreneur and developer Logan Thompson, was launched this week, enabling Stripe users to accept both swipe and EMV chip payments at brick-and-mortar locations using a tablet or mobile device. According to a recent Wall Street Journal report , Stripe has garnered a valuation of $9.2

EMV

Payments Source

AUGUST 12, 2020

The complexity of the migration is an opportunity to examine other elements of the payment experience, says TNS' Brian DuCharme.

Chip Cards

PYMNTS

OCTOBER 22, 2018

Mastercard, the digital payments company, made the case in a blog post Monday (Oct. 22) on why it supports EMVCo’s release of the EMV Secure Remote Commerce Specification draft , which is now available for public review and comment. “The future that we all envision is right in front of us.

EMV

PYMNTS

OCTOBER 23, 2018

Visa, the payments company, announced Tuesday (Oct. 23) that it continues to support the draft of the EMV Secure Remote Commerce (SRC) specifications. The specification from EMVCo will become a foundation for the evolution of digital payments that will ensure ease of payment for digital and IoT payments well into the future.”.

EMV

Payments Source

DECEMBER 2, 2019

Adoption of contactless is already well under way, and in a few years consumers will likely look back and recall the bad old days when valuable time was taken up waiting for transactions be processed and wonder how they ever coped without the speed, ease and convenience of contactless payment cards, writes Fiserv's Jamie Topolski.

Contactless Payments

FICO

AUGUST 30, 2016

A few seconds later, after touching a few buttons on the payment terminal screen, I was walking out the door. I experienced two things: a frictionless digital payment, and a mild customer experience victory.*. Check out the blog in the tweet below for another payment expert’s hilarious, deeply personal tangle with EMV.).

Digital Payments

PYMNTS

SEPTEMBER 15, 2020

According to the announcement, the payment solution is based on the EMV® Secure Remote Commerce industry standard, and provides a payment option for people to make purchases through the web, mobile apps or connected devices.

EMV

PYMNTS

AUGUST 15, 2018

Square, the digital payments company, announced on Wednesday (Aug. 15) that it delivered on its pledge to make EMV transactions faster in the U.S. Taking an EMV payment in as little as two seconds helps speed up the line for our sellers, gives time back to their customers and reduces in-store fraud in the U.S.

EMV

Payments Source

OCTOBER 18, 2018

The vast majority of card fraud in post-EMV Australia affects digital payments, a trend that has prompted government action, expedited security projects, and financial pressure on banks from retailers.

Governance

Payments Source

MARCH 2, 2016

Of all the initials small to mid-sized merchants hear during the digital payments migration—"EMV," NFC," "mPOS"—an older abbreviation may finally pry open the door to widespread payments automation: CRM.

CRM

Payments Source

MAY 23, 2018

Small and midsize businesses (SMBs) are adapting to digital payments technology at slower speeds and for different reasons than larger enterprises. Cash and checks still account for almost half of all SMB payments, and SMBs have lagged behind other merchants in the U.S. shift to EMV technology.

EMV

PYMNTS

MARCH 20, 2019

Worldnet Payments announced Tuesday (March 19) that it has entered into a strategic agreement with POSDATA to deliver fully integrated and pre-certified EMV payments solutions. The companies said POSDATA will supply the hardware components of the solution, and Worldnet will manage the developer-facing software.

EMV

Fintech Finance

JULY 9, 2024

.” Key Benefits of the NOW Money Mastercard Partnership: Global Acceptance: The NOW Money Mastercard payment card can be used worldwide, including online, in store, and at ATMs, providing customers with unprecedented access to their funds wherever they go.

Visa

PYMNTS

AUGUST 11, 2020

Believed to be the first issued by a digital payments network, the money will be used to advance the company’s commitment to environmental sustainability and a sustainable payments ecosystem, Visa said. Sabo’s hiring comes at the same time that Visa launched its $500 million green bond offering.

EMV

PYMNTS

APRIL 2, 2019

The contactless card feature is built on secure EMV chip technology, which is the same security used on EMV cards. Wells Fargo said in the press release that the contactless payment cards are part of the bank’s push to boost convenience for customers and embrace the latest technologies to make life simpler.

Debit Card

PYMNTS

JANUARY 3, 2019

In addition, Juniper is predicting that digital payment companies will spend $9.6 were caught up “in a perfect storm” of rapid online sales growth and the transition to EMV chip technology , leaving merchants vulnerable to CNP fraud. Its EMV 3-D Secure Protocol and Core Functions Specification v2.2.0

EMV

PYMNTS

AUGUST 9, 2019

It appears the company’s service, which was introduced in 2013 and competed with services like PayPal, will be shuttered in favor of a new EMV SRC-based service. Visa is moving toward discontinuing its Visa Checkout service sometime next year, according to reports.

Credit Union

The Paypers

OCTOBER 30, 2017

(The Paypers) WaveCrest , a digital payment solutions provider, has announced that it has added EMV security to its US-issued prepaid debit cards.

Debit Card

PYMNTS

DECEMBER 17, 2018

EMVCo , the global technical body that facilitates the worldwide interoperability and acceptance of secure payment transactions, announced late last week that it published the EMV 3-D Secure Protocol and Core Functions Specification v2.2.0. The EMV3DS version 2.2.0

EMV

PYMNTS

FEBRUARY 26, 2020

That team was a new initiative created to combine core products, digital payments, Mastercard Labs and processing activities. Broader payment flows is putting it mildly, of course. An incredibly short and incomplete list includes the EMV changeover in the U.S.,

Visa

PYMNTS

JULY 15, 2019

That’s because the newest EMVCo payment specification is freshly out in the world, and the feedback and metrics on its success and failures will soon start emerging. And in August of last year, EMVCo announced the launch of the full EMV 3-D Secure (EMV 3DS) test platform. or its EMV 3-D Secure SDK specification.

EMV

PYMNTS

AUGUST 1, 2017

QR codes are making waves in the digital payments arena. EMV managing leg EMVCo has shared news of its two new QR code payment offerings, but Mastercard’s Masterpass QR is gaining traction in areas around the world.

EMV

PYMNTS

JUNE 17, 2019

Sometimes there are two approaches to the same problem in FinTech: EMVCo’s recently released EMV Secure Remote Commerce (SRC) Specification version 1.0 promises to enable many more seamless retail transactions, and the World Wide Web Consortium ( W3C ) Payment Request application programming interface (API) aims to reduce checkout friction.

Interoperability

PYMNTS

SEPTEMBER 24, 2018

Stripe, the digital payments startup, is reportedly testing a new cash advance service for its business customers. According to reports , the new service would provide business owners with access to funds one to two days after applying for the money. Stripe has started to alert customers about the service and issue loans.

EMV

PYMNTS

OCTOBER 20, 2016

But don’t get too excited, because although awareness of mobile phone payments increased by 4 percent, which is still nothing to get excited about, regular use of mobile payments were stagnant at 19 percent. Other digital payments, however, are more widespread. Winning in mobile payments is anyone’s game at this point.”.

Payment APIs and Integration

Payment Savvy

DECEMBER 2, 2022

Let’s dive into the subtleties of the smoothest payment process and find out everything about NFC mobile payments, including what they are, how they work, and how to use them. What are NFC Mobile Payments? Laptops : Using a laptop for processing payments will be clunky, yet it’s technically possible.

Mobile Payments

PYMNTS

MAY 20, 2019

branch closures are to blame for the decline, as well as retailers deciding to withdraw ATM machines rather than upgrade to EMV standards. Brazil saw that trend in years past, but the decline of about 1,200 terminals in 2018 was attributed to banks removing the machines as consumers increasingly favor digital payments.

ATM

PYMNTS

DECEMBER 26, 2018

JCB subsidiary CB International has rolled out a new EMV QR code payment service that will allow the cardholder to make contactless payments using a QR Code. The push on the part of the JCB unit to embraced digital payments in Asia comes at a time when the adoption rate is picking up big time. million.

Contactless Payments