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Consumers urged to support fight against online shopping fraud |
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- Ten million credit and debit cards now signed up to secure online payment systems
- Home Office and APACS urge more cardholders to sign up to Verified by Visa and MasterCard SecureCode which make cards safer when shopping online |
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Citi partner with Eurogiro |
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US bank Citi and cross-border payments outfit Eurogiro have teamed up to extend their respective global payment distribution networks. |
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University of British Columbia Becomes to Offer INTERAC Online for Tuition Payments |
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University of British Columbia (UBC) is the first Canadian university to offer INTERAC Online for the payment of tuition fees. Now, UBC students can pay their tuition fees directly from their bank account via the UBC website. |
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Coinstar Partner with PayPoint in United Kingdom |
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Coinstar E-Payment Services Limited, an affiliate of Coinstar, Inc. and PayPoint, the U.K.'s best known and most used over-the-counter payment solutions provider, have agreed to team up to make available a gift card program for PayPoint retailers at more than 17,000 outlets in the United Kingdom. |
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Alternative Payment Services: Moving into Traditional Payment Territory |
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The rise of alternative payment services - from PayPal to Google Checkout, Bill Me Later and many others - is a response to both consumer demand for an improved online payment experience and merchant need to lower shopping cart abandonment rates, payment processing fees, and raise the appeal of online shopping to specific consumer demographics. Mercator Advisory Group's latest report, Alternative Payment Services: Moving into Traditional Payment Territory, examines the role and adoption of these competitors to traditional online card-based payments and online merchant acquiring. |
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GE Money and American Express Form Card-Issuing Alliance |
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GE Consumer Finance (GE Money) and American Express has announced a partnership through which GE Money will issue American Express-branded credit cards in Japan. The first product is the "GE Money American Express Card," which will make its debut in the market tomorrow. This is the first credit card in GE Money's global card portfolio to carry both the GE Money and American Express brands. |
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NCR has announced that its Board of Directors has approved and set a record date and distribution date for the previously announced spin off of its Teradata data warehousing business. The Board also declared a dividend of one share of common stock of Teradata Corporation (Teradata) for each share of NCR common stock held. |
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