Wowsa. Talk about awakening the slumbering bear! This week economist and MPD Founder David Evans wins the prize for heating up the PYMNTS.com community with his article about Overstock not taking bitcoins, Overstock’s response and then Evans' response to the response! But there’s more! Readers...
The fees companies pay to accept card payments from customers have long been a point of contention. An Australian company, eWAY, is using a system from Xero that automates the ability to enable a surcharge on card payments while also giving buyers the chance to...
On the fifth anniversary of the Credit CARD Act, several leading consumer-advocacy groups now say more needs to be done to reign in debit and prepaid card fees. Among the chief targets are overdraft fees. Not so fast, say opponents to such moves, including the...
Just as companies diversify to grow and succeed, so, too, are data thieves. New research from security firm Trustwave shows how personal information such as customer records increasingly are on crooks’ malware radar screens.
The EMV migration is the next big thing in the payments forecast. Soon, the U.S. will join more than 80 countries that have already implemented the technology, and the security solution is now a foundation for a wide range of new innovative services enabled via...
Memorial Day is better known in the U.S. as the time to honor those who served in the military. Unfortunately, the BBB is reporting that it has become the perfect opportunity for scammers to target those who are serving or have served their country, especially...
Yes, we know what you've heard, but nope, Overstock doesn't take bitcoin as payment and never actually handles bitcoins at all. And, it's not just them. Merchants that accept bitcoin wallets don’t either. Confused? You should be. Luckily, economist David Evans isn't and after reading...
The Bundling and Coordinating Post-Acute Care (BACPAC) Act of 2014 (HR 4673) was introduced this week, and is designed to establish bundled payments for post-acute care services covered by Medicare. What does it mean for the health care payments business?
Visa and MasterCard have a lot to contend with these days. With use of mobile devices for payment increasing, EMV on the U.S. horizon, and Russia's demand to collect millions in collateral to let them continue operating in that country, many in payments wonder what...
