Credit Card Acceptance

Cross-industry committee to help American businesses adopt EMV credit cards

New leaders will help the retail and banking industries adopt stricter credit card security tools, with the recent election of officers to the EMV Migration Forum Steering Committee. The four member committee oversees the efforts of more than 100 major American companies with the goal of adopting payment technology that has already become standard in [...]

Categories: Credit Card Acceptance
Groupon testing small-business credit card processing service

Groupon plans to dive into the small-business credit card processing business with a mobile reader similar to those from Square and PayPal, according to news reports. Bloomberg's Douglas MacMillan reports that a company known for producing credit card readers for Apple's iPhone and iPod touch has been testing Groupon's prototype device at independent retailers in [...]

Categories: Credit Card Acceptance
Visa credit card processing slowed April 1 due to system upgrade

A "systems upgrade," not another data breach, caused registers to decline or delay Visa transactions on April Fool's Day, according to news reports. For about 45 minutes on the afternoon of April 1, shoppers throughout the United States reported problems using Visa credit cards to complete their purchases. Some payments that had been initially declined [...]

Categories: Visa, Credit Card Acceptance
Angie's List founder advocates credit card payments for contractors

Credit card payments have become the best way to ensure quality work from contractors, according to Angie Hicks, the founder of service professionals directory Angie's List. Yet, based on pleas from vendors to avoid merchant fees or taxes, many customers still pay in cash or with checks. "Homeowners are still whipping out their checkbooks when it [...]

Categories: Credit Card Acceptance
PayPal takes on Square with its own mobile credit card reader

On the heels of launching a Google Wallet competitor in Home Depot, PayPal announced intentions to stake its claim in the mobile credit card reader business refined by Square. PayPal officials demonstrated their triangle-shaped "PayPal Here" device for journalists attending Austin's SXSW festival earlier this month. Merchants can swipe a customer's credit card for real-time [...]

Categories: Credit Card Acceptance
AT&T network opens Google Wallet for business

This month, AT&T became the third nationwide wireless carrier to permit Google Wallet functionality on Nexus-branded Android phones. Sprint openly authorizes eligible users to activate the near-field communication payment chip on their networks, while AT&T and Verizon customers must add the functionality by downloading the Google Wallet app from the Android Market. Verizon Wireless spokespeople have [...]

Categories: Credit Card Acceptance
Obama, Romney use Square for quick credit card donations

In 2008, Barack Obama's campaign staffers changed the way political campaigns leverage technology and social media. The President's re-election campaign hopes to revolutionize political donations the same way in 2012, with help from smartphones and mobile credit card readers. Reporters from Politico and the Los Angeles Times have already seen Obama campaign staffers in action, using [...]

Categories: Testing / Technology, Credit Card Acceptance
House bill proposes credit card blockade to fight media piracy

Critics of a new intellectual property proposal circulating on Capitol Hill worry that it could inadvertently wreak havoc on legitimate e-commerce websites by suspending their ability to accept credit cards. Sponsors of HR 3261, the Stop Online Privacy Act, proposed new rules that would exempt credit card processors, ISPs, and other third-party technology vendors from [...]

Categories: Credit Card Acceptance, Other News
Card.io enables secure credit card processing for camera phone

A startup technology company aims to streamline credit card transactions for application developers and small merchants, without specialized dongles or transmitters. Card.io offers a software development kit that coders can use to integrate secure credit card capture into mobile apps without violating strict new rules about storing personal data. Online merchants, like software companies and service [...]

Categories: Credit Card Acceptance
Square's Card Case app turns smartphones into virtual credit cards

The dream of turning a smartphone into a credit card is rapidly becoming a reality. Google might be the first to take the leap with its new Google Wallet app, but it certainly isn't the only company that will soon be providing smartphone users with a way to turn their mobile phones into credit cards. [...]

Categories: Credit Card Acceptance
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