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Solving the Micropayment Problem: Online and at the POS |
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Mercator Advisory Group release its latest report, Solving the Micropayment Problem, Online and at the Point of Sale. The report reviews both the history and challenges of electronic micropayments and examines how the existing rails have evolved to address under $5 electronic payments at both the point of sale and for online transactions. |
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GlobalPlatform Receives Industry Recognition for Card Specification v2.2 |
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The GlobalPlatform Card Specification v2.2 has been voted a finalist in the Innovation category of the annual Card Technology Breakthrough Awards, presented by Card Technology Chief Editor, Dan Balaban, at CardTech SecurTech 2007 in San Francisco. |
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Dexit to Acquire Quick Service Restaurant Division of Howell Data Systems |
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Dexit has signed a letter of intent to acquire the Quick Service Restaurant Division (HDS-QSR) of Howell Data Systems (HDS). Dexit will continue to operate the HDS-QSR business under its' current name. Under the terms of the agreement, Dexit will pay HDS $4 million in cash and $4 million in common shares of Dexit. |
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Metavante Expanding Rewards to Online Bill Pay |
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Metavante is expanding its Points2U rewards program to include its online bill payment service. By growing the program’s scope beyond credit and debit card programs, Metavante has empowered financial institutions to award points for online bill payment activity. |
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Visa names Joseph Saunders CEO |
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Visa has named industry veteran Joseph Saunders as its new chairman and chief executive as it prepares to transform into a publicly traded company. |
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Commercial Bank of Qatar Issues its First EMV Chip Card |
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Commercial Bank of Qatar (CBQ), has issued its first EMV chip card on TSYS Card Tech's card-management solution, PRIME. This follows the bank's successful certification with MasterCard and Visa for M/Chip and Visa Smart Debit Credit (VSDC) card issuing. |
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PayPal granted banking license in Europe |
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PayPal has obtained a banking license that will give it more freedom to market its services to merchants throughout Europe. |
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