Company News

//Company News
Company News 2014-12-31T13:03:04+00:00

Announcements

American Express is Changing their Approach to Merchant Services

Within this complex world of payment processing, one major card network is taking a different approach to merchant services. American Express’s new CEO, Stephen Squeri, announced earlier last quarter that AmEx will be reducing their global merchant discount fees (“swipe fees”) by 5-6 basis-points, which could be their largest decrease in price in the last […]

Payments are Constantly Changing – April 2018 Regs Release Highlights

It’s that time of year again. No, we do not mean tax season. This is what people in the payments world call “Regs Season”. “Regs” is a semi-annual Regulatory Release update which all the major card networks (Visa, MC, Discover, Amex) coordinate to provide a single weekend for their most significant changes in rules, rates, […]

The High Transaction Costs of Unattended Kiosks

Unattended self-service terminals and kiosks are all the rage right now.  They can be great way for a business to take payments in areas where it is not cost-effective to provide a cashier or clerk.  Think, a vending machine in an office building or at an amusement park.  And since no one carries cash anymore, […]

Mobile Payments Growing in the U.S.

Consumers are constantly looking for more convenient ways to make purchases.  While some consumers are slow to adopt the use of mobile payments, many love the convenience especially as more and more merchants are offering it as a payment option.  Many merchants are even incorporating reward programs and deals with their mobile apps, making it […]

Alipay expanding to US Retailers

Alipay is one of China’s top mobile payment services claiming 450 million user worldwide.  Most of those users are in China, but their service has been growing and reaching into markets that are popular with Chinese tourists.  The newest retailer to accept Alipay is New York City’s Asian American grocery chain, iFresh. Read More

Press Releases

American Express is Changing their Approach to Merchant Services

Within this complex world of payment processing, one major card network is taking a different approach to merchant services. American Express’s new CEO, Stephen Squeri, announced earlier last quarter that AmEx will be reducing their global merchant discount fees (“swipe fees”) by 5-6 basis-points, which could be their largest decrease in price in the last […]

Payments are Constantly Changing – April 2018 Regs Release Highlights

It’s that time of year again. No, we do not mean tax season. This is what people in the payments world call “Regs Season”. “Regs” is a semi-annual Regulatory Release update which all the major card networks (Visa, MC, Discover, Amex) coordinate to provide a single weekend for their most significant changes in rules, rates, […]

The High Transaction Costs of Unattended Kiosks

Unattended self-service terminals and kiosks are all the rage right now.  They can be great way for a business to take payments in areas where it is not cost-effective to provide a cashier or clerk.  Think, a vending machine in an office building or at an amusement park.  And since no one carries cash anymore, […]

Mobile Payments Growing in the U.S.

Consumers are constantly looking for more convenient ways to make purchases.  While some consumers are slow to adopt the use of mobile payments, many love the convenience especially as more and more merchants are offering it as a payment option.  Many merchants are even incorporating reward programs and deals with their mobile apps, making it […]

Alipay expanding to US Retailers

Alipay is one of China’s top mobile payment services claiming 450 million user worldwide.  Most of those users are in China, but their service has been growing and reaching into markets that are popular with Chinese tourists.  The newest retailer to accept Alipay is New York City’s Asian American grocery chain, iFresh. Read More

Articles

American Express is Changing their Approach to Merchant Services

Within this complex world of payment processing, one major card network is taking a different approach to merchant services. American Express’s new CEO, Stephen Squeri, announced earlier last quarter that AmEx will be reducing their global merchant discount fees (“swipe fees”) by 5-6 basis-points, which could be their largest decrease in price in the last […]

Payments are Constantly Changing – April 2018 Regs Release Highlights

It’s that time of year again. No, we do not mean tax season. This is what people in the payments world call “Regs Season”. “Regs” is a semi-annual Regulatory Release update which all the major card networks (Visa, MC, Discover, Amex) coordinate to provide a single weekend for their most significant changes in rules, rates, […]

The High Transaction Costs of Unattended Kiosks

Unattended self-service terminals and kiosks are all the rage right now.  They can be great way for a business to take payments in areas where it is not cost-effective to provide a cashier or clerk.  Think, a vending machine in an office building or at an amusement park.  And since no one carries cash anymore, […]

Mobile Payments Growing in the U.S.

Consumers are constantly looking for more convenient ways to make purchases.  While some consumers are slow to adopt the use of mobile payments, many love the convenience especially as more and more merchants are offering it as a payment option.  Many merchants are even incorporating reward programs and deals with their mobile apps, making it […]

Alipay expanding to US Retailers

Alipay is one of China’s top mobile payment services claiming 450 million user worldwide.  Most of those users are in China, but their service has been growing and reaching into markets that are popular with Chinese tourists.  The newest retailer to accept Alipay is New York City’s Asian American grocery chain, iFresh. Read More