Jan
26
LevelUp has expanded its electronic payment service nationwide with the launch of a custom hardware line for merchants. In a partnership with T-Mobile, the company can now supply any merchant in the U.S. with a plug-and-play smartphone and docking station that allows for quick access into the LevelUp payment network.
Jan
13
First Data reports consumer spending was up in December 2011 compared to the previous year. The company released its “SpendTrend” analysis which tracks credit, signature debit, PIN Debit, EBT Card and electronic check spending at same-store merchants year over year. In the report, the company states that its merchants saw a 6.9% sales growth in …
Jan
11
As part of a global expansion initiative, Intuit has announced that it will be expanding its GoPayment mobile credit card processing service to Canada. Find out when it will be available and how it differs from the U.S. service is this article.
Nov
27
The Durbin Amendment, widely considered as a legislative failure, is now under attack by the very entities it was intended to protect. A group of retail associations and retailers have filed suit against the Federal Reserve in order to prevent enforcement of Durbin’s regulations, which were meant to lower merchant debit card swipe fees. Among …
Nov
17
In a move that supports Square’s new strategy for gaining market share in the existing business segment, the company has added a customer loyalty feature to its credit card processing application. The new program is part of Square’s 2.2 update and it is only compatible with customers who pay using Square’s Card Case, an app …
Nov
17
Google announced today its plans to merge Google Checkout with its newly launched Google Wallet service. Google Wallet allows consumers to store their credit cards digitally for making payments with participating merchants both online and in-person using smartphone near-field communication (NFC) technology. The Google Wallet smartphone app is only compatible with merchants who have installed …
Oct
12
Although everyone is announcing that the $1000 limit has been eliminated, Square has only modified it. We noticed the actual policy change in September and updated our Square review on the 20th. Learn more in this article
Oct
03
Heartland Payment Systems and Merchant Warehouse both announce their intentions to pass Durbin Amendment savings onto merchants.
Although the recently passed amendment (as part of the Dodd-Frank Wall Street Reform Act) was intended to curb the banks price gouging of PIN-debit Interchange fees, it failed to close a loophole that allows processors to keep the savings …
