LevelUp raised a lot of eyebrows in 2012 when it said that moving money should be free and that its mission was to reduce payments processing fees to zero for his merchants. Two years later, its Chief Ninja is announcing a permanent reduction in those...
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A major shift is underway in how merchants position mobile payments as a source of revenue, according to new research from fraud-prevention specialist Kount. Some 2,000 folks responded to Kount’s recently released free report “Mobile Payments & Fraud Survey: 2014 Report,” including 1,000 online merchants....
Credit bureau and information-solutions provider Equifax Inc. on April 3 announced a partnership with Jumio Inc. to develop various cloud-based solutions toward a more secure, streamlined mobile-payment experience for consumers and retailers. Among the venture’s first targets is online merchant shopping cart abandonment. By leveraging...
By Jeffrey Green (@epaymentsguy) (https://twitter.com/epaymentsguy) Will hype alone be able to carry the mobile-payments market? A Shelton, Conn.-based company apparently believes so. It also believes the phone is unnecessary to bring “mobile” eWallet payments to the masses. NXT-ID, a biometrics-authentication company, on April 1 announced...
British retailer Tesco reportedly is testing Apple’s iBeacon technology at one of its stores in an experiment with a store-specific app. However, reports Marketing Magazine, the company isn’t yet ready to use the technology to market directly to its customers. Initially, Tesco is using the...
South Korea appears to be on the verge of getting rid of a decades-old security policy that has made competing in the global online marketplace problematic. At the heart of the issue are rules requiring first-time online shoppers to install ActiveX controls and to receive...
