Payment Methods

B2B Payments
How Mexico’s eInvoicing Skyrocketed 300 Percent
July 24, 2014

The push for businesses and governments to “go digital” is stronger than ever. But how many entities can boast that their electronic invoicing adoption improved by 300 percent in just six months? The odds are, very few. Mexico, however, can proudly make that statement. But...

Company Spotlight
MasterCard Gets Ready To Support EMV Debit
July 24, 2014

MasterCard’s latest Card Personalization Validation module in the Collis EMV Personalization Validation Tool qualified by MasterCard, including the U.S. Common Debit AID, according to a UL release. The tool will be used to support EMV card issuers in the U.S., and specifically “checks if MasterCard...

Merchant Innovation
Nintendo Brings Contactless Payments To Japan
July 23, 2014

Nintendo announced this week that its Wii video game console will now be able to accept payment cards in Japan. It was reported that the update went live yesterday and lets users tap a contactless Suica fare card against the Wii U’s gamepad to access their...

B2B Payments
Who Wins With Dynamic Discounts?
July 23, 2014

The digitization of payments between businesses opens up a whole world of possibilities with respect to invoicing and payment terms. Dynamic pricing is one of those options but knowing how and when to use it turns out to be a bit more complicated than it...

Company Spotlight
MasterCard Partners With SHAZAM To Introduce EMV Debit
July 23, 2014

The SHAZAM Network announced yesterday that has teamed up with MasterCard to offer an EMV debit solution to its participants, according to a SHAZAM release. The Network expects the chip card adoption to decrease fraud and increase transaction security, and the agreement provides all Network...

Mobile Commerce
Westpac Considers Replacing Physical Cards With Digital Ones
July 23, 2014

Westpac claims that it is now the first bank in New Zealand to begin a trial period of HCE mobile payments, expected to launch early next year. The three-month trial involves 40 staff members, and will enable users to make payments via NFC enabled Android...

Merchant Innovation
Amazon Launches New Digital Wallet, Sort Of
July 23, 2014

Amazon is nowhere near finished in terms of offering customers the latest and greatest digital payment options. According to Payments Source, Amazon released a beta version of a digital wallet for Android and Fire phone users. It’s reported that while the wallet is available on Google Play...

Acquiring
North American Bancard Launches Velocity Payments Platform
July 22, 2014

North American Bancard (NAB) announced today that it is offering in-house integrated APIs for technology partners and merchant customers through payment platform Velocity, according to an NAB release.

Mobile Commerce
LevelUp Launches Largest Smartwatch Payment Network
July 22, 2014

LevelUp announced the launch of its app for Android Wear to allow a smartwatch that customers can scan with their wrist to pay at any LevelUp merchant, according to MarketWatch.com. Seth Pribatsch, Chief Ninja at LevelUp, indicated in the article “over 1.5 million LevelUp users...