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Some of you may already know this, but most probably do not - Square's flat rate and no transaction fee pricing actually causes the company to lose money when it processes very small transactions. Bus...
Ok, so if you think we're done with the whole "when is a mobile payment a payment" argument, think again. The reality is that the biggest evolution in payments is not about Visa, Mastercard,...
There has been much debate of late on Finextra and indeed everywhere about mobile wallets and mobile payments; with some very diverse opinions. Some argue that uptake of mobile wallets and payments is...
Pause for thought…….quiz time. Can you remember who topped the UK charts on the 14th February 2006? Now, can you also remember what was the main business driver behind the UK’s move to the EMV standar...
Specifications serve as a standard of reference for a certification process (e.g. laboratory testing, certification) that can be undertaken to guarantee these specifications have been implemented corr...
It’s going to be a busy few years ahead for payments transformation in Australia. The announcement last week that EFTPOS, the electronic point of sale debit card network, was moving away from bilatera...
Tushar Chitra, senior director, product marketing at Flexcube, Oracle, discusses where mobile technology is headed, the retail ecosystem and mobile payments. Watch the video here.
In other words, is the US "Closed Loop" payments system making Americans less creditworthy? For several years, American travelers have been having a tough time trying to use their magstripe ...
In the last couple of years I have heard arguments against EMV rollout along the lines that it is good for the physical POS but not for the eComm, and that the intoducing EMV at physical POS would onl...
Nothing epitomizes the revolutionary nature of the modern startup more than KickStarter, a place where people can go to raise money not from banks, not from IPOs, but from the general public, simply b...
I had to register a new card with Skype this morning (the old one expired). Tried my newly minted Barclays Mastercard. At the first attempt, the transaction was aborted, without any explanation. Tried...
I had an interesting discussion with Brett King as to what "mobile" payments really are. Let's look at history, semantics and the core element of any payment (Exec Summary - it's all about a...