Payment facilitators and payment facilitators to be: on your marks, get set…Go! MasterCard on June 27 announced a plan to deliver its programs and services to at least 500 million financially underserved people by 2020; that’s more than double the number of people it has reached since 2013 through various partnerships with governments and […]Read more "MasterCard Small Merchant Expansion Commitment Should Shake Up PF Game"
Payfacs can benefit from any complications caused by the Brexit referendum result because more confusion and regulatory conundrums will drive merchants to find a third party to navigate the maze, says Evan Schuman, editor in chief of PaymentFacilitator.com in this week’s podcast. Schuman detailed the fallout from the Brexit vote that’s throwing the Old World […]Read more "Podcast: Brexit Effect and Kroger-Visa Battle"
Have retailers suddenly started developing backbones, in terms of pushing back on payments companies? On Monday (June 27), Kroger sued Visa about how it was implementing EMV, in much the same way that Walmart and Home Depot have done. This follows Walmart kicking Visa out of Canada and a major German company rejecting PayPal after […]Read more "Kroger Details Its Fun-Filled Visa Negotiations"
In the aftermath of the Brexit vote in the U.K., some payments professionals were panicked given the huge number of European Union payments regulations at play. A U.K. that went its own way on payments-just as it did with monetary policy when it stuck with the Pound and never embraced the Euro-could cause confusion and […]Read more "For Brexit Payments, A Big PF Opportunity"
How to Clean Upholstery and How to Clean Your Sofa Make sure you vacuum your upholstery before cleaning it. If your upholstery starts to look dingy, or has developed lots of stains and spots, before you do anything else it is important to vacuum it. Blot the spill […]Read more "How To Easily Clean Your Upholstery and Your Leather Couch"
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On Wednesday (June 22), a German company that had been cut off from payments from PayPal because of German privacy rules lashed back at PayPal. PayPal had backed down, apologized and reinstated the company, but the German firm said it was too angry with PayPal to necessarily return. This started out as a tale […]Read more "PayPal Reinstates German Company, Apologizes. Company: Thanks, But No Thanks"
On Wednesday (June 22), a German company that had been cut off from payments from PayPal because of German privacy rules lashed back at PayPal. PayPal had backed down, apologized and reinstated the company, but the German firm said it was too angry with PayPal to necessarily return. This started out as a tale […]Read more "PayPal Reinstates Germany Company, Apologizes. Company: Thanks, But No Thanks"
Of all of the various payments hotspots that payment facilitators need to focus on, gaming-and all of its in-app potential-may be the one of the most lucrative. Witness Tencent Holdings Ltd., which this week confirmed plans to drop $8.6 billion to buy an 84 percent slice of the Finnish maker of the Clash Of Clans […]Read more "Gaming Payments Gets Serious: Tencent Drops $8.6 Billion On Game Firm"
For the payments geeks among us, transaction processing can be arresting. But in a bizarre twist, some police are doing both: arresting and processing payments and doing them both in the middle of a traffic stop on the side of the road. Will the familiar flashing-red-light refrain soon be “License, registration and Visa card, please?” […]Read more "Will Police Take Payments During Traffic Stops?"