News

Europe
Russian Standard Bank Offers NFC SIM Cards
July 01, 2014

Russian Standard Bank, Mobile TeleSystems and MasterCard international payment system have presented NFC SIM cards, which allow making one-touch payments for purchases and services using Mobile MasterCard PayPass® technology in 700k locations in 51 countries. The use of Russian Standard Bank NFC MasterCard card requires...

Exclusive Series
The Truths and Myths of EMV
July 01, 2014

The elephant in the EMV room: why should merchants even bother upgrading their terminals when mobile payments are what merchants really want? Well, because EMV is here, whether we like it or not. Gemalto, in a new report, examines the “myths” circulating about EMV and...

B2B Payments
GoDaddy Set To Help SMBs ‘Get Paid’
July 01, 2014

Technology provider GoDaddy announced today on a company blog post that it had a new innovation designed to help small businesses “get paid anytime, anywhere, and by any digital method.” The feature is called “Get Paid,” and lets small business owners create and send invoices...

B2B Payments
Survey: Tablets Hold The Keys For B2B Commerce
July 01, 2014

Tablets are a staple now for small merchants who want a better way to interact with their customers. But just popular are tablets in the business world? Maybe more popular than you think. According to a recent survey, tablets are quickly becoming the “go-to” in...

Company Spotlight
MasterCard’s Global Shopping Cart Patent
July 01, 2014

For all of you bitcoin fanatics who also love MasterCard, some good news arrived this week. MasterCard filed a patent earlier this week that would potentially incorporate bitcoin into its design for a planned global online shopping cart. Titled ‘Payment Interchange for Use With Global...

B2B Payments
Study: B2B E-Commerce Boosts 90 Percent Of Businesses
July 01, 2014

There’s good news for the B2B e-commerce world. According to a recent Forrester Research study, 90 percent of businesses that sell online to customers saw an increase in revenue and profitability per customer order. Forrester interviewed 100 B2B companies that had implemented e-commerce within the...

Merchant Innovation
Lollapalooza Goes Cashless
July 01, 2014

Thousands of wallet-chain enthusiasts planning on attending Lollapalooza in Chicago this year face a difficult question—if they go cashless, is it stupid to secure a wallet to themselves by a visible chain, given that technically speaking, they don’t actually have to bring their wallet? The music...

International
Telecom Italia Helps To Cut Down On Cash
July 01, 2014

A recent innovation launched by Telecom Italia will likely help cut down on the underground cash economy. According to Finextra, Telecom Italia will distribute mPOS chip card readers from payleven to small business customers. The move also coincides with legislation in Italy that requires firms...

Merchant Innovation
New Program Will Elevate E-Commerce
July 01, 2014

Clarus Marketing Group launched a subscription program earlier this week, which according to a company release, will lower costs and simplify the online return process. Called Return Saver, the program lets consumers take advantage of returns delivered by FedEx Ground, which is the exclusive shipping...