Blogs

SCOTTSDALE, Ariz., August 19, 2009 (www.PaymentsLab.com) – Hypercom Corporation (NYSE: HYC) today announced that its HBNet high speed transaction transport service has again been PCI approved by igxglobal. This marks the third consecutive year that Hypercom’s HBNet business unit has achieved this security milestone.

Solutions from etouches and Worktopia, when combined with MasterCard Corporate Meeting Card, maximize meeting management efficiencies

PURCHASE, N.Y., Aug. 20 (www.PaymentsLab.com) -- MasterCard Worldwide today announced strategic enhancements to its corporate meeting solutions portfolio to provide companies with greater control, efficiency and transparency around meeting planning and management. The company has partnered with two leading providers of online meeting solutions to address the needs of different stakeholders in today's fragmented corporate meetings market.

Visa reaches settlement with ComCom over interchange fees, others not so lucky

(www.PaymentsLab.com) - Credit card issuer Visa has reached settlement with the Commerce Commission over its practice of smearing credit card fees across other transactions.

Visa International Service Association and Visa Worldwide Pte have signed an agreement on the interchange fees issues, the commission announced today.

Interchange fees are charged to cover banks' costs of credit card transactions.

TowerGroup predicts debit cards will thrive through 2015 thanks to the recession and changes in credit market and consumer spending habits

RIVERWOODS, Ill.--(www.PayementsLab.com)--Jul. 20, 2009-- Discover Financial Services today announced that Mark A. Zaeske has been named senior vice president, finance, and chief accounting officer. Zaeske will oversee Discover’s accounting, external reporting, management reporting, corporate tax, and corporate procurement and payment services. He will report directly to Roy A. Guthrie, chief financial officer for Discover.

Acceptance at Second Largest U.S. Retailer Demonstrates Value and Momentum of Contactless Payments among Merchants and their Customers

Visa announced that Uttam Nayak has been appointed country manager for South Asia.

Apr 22, 2009 (PaymentsLab.com) – Bangalore – Visa announced that Uttam Nayak has been appointed country manager for South Asia. In his new role, Uttam will be responsible for building Visa’s brand and business in the South Asia region which includes India, Sri Lanka, Bangladesh and Nepal, with a focus toward building client relationships, growing business volumes and sales of Visa branded products and services.

Whitepaper Outlines Why True Potential Of Mobile Commerce Dependent On Collaboration Of Eco-System Across Geographic Markets, Similar To Today’s Telecommunications And Payment Systems.

TORONTO, Apr 22, 2009 (www.PaymentsLab.com) New survey reveals Canadians are comfortable and confident with credit cards

MasterCard Canada today told the Senate Standing Committee on Banking, Trade and Commerce that it strongly believes additional regulatory management of payment system fees will result in unintended consequences for both Canadian consumers and retail merchants.