Archive for December, 2004

Merchant Account Fees

Over at Sitepoint forums RB4580 writes: ‘Just got charged a 75$ annual fee for my merchant account! This was a surprise. I thought I read all the small print, might have missed this. Anybody else have annual fees like this?’
The responses are excellent value with the highlight being a story of fees being waived:
‘I have […]

Thursday, December 23rd, 2004

DigiPie Makes MoneyPie Technology Available to Other Online Businesses

Press Release - As of January 3, 2005 DigiPie will be marketing a version of their distinctive model to any business with an online presence. An eligible business must have it’s own merchant account.
(PRWEB) December 17, 2004 — It doesn’t matter what products are being sold by an online business, it can offer it’s customers […]

Friday, December 17th, 2004

Internet payment services

‘One of the most important steps in the shareware chain is when a customer takes some of his money and gives it to me =). This is both an easy and hard thing to accomplish. Easy because there are many different services that will do all of it for you in exchange for a percentage […]

Friday, December 10th, 2004

Credit-Card Processor Hit by DDoS Attack

‘U.S. credit card transaction-processing firm Authorize.Net has been the target of distributed denial-of-service (DDoS) attacks that have led to periodic disruptions in service for some of its customers.
“I would describe the attacks as intermittent and large-scale,” David Schwartz, Authorize.Net’s marketing director, told NewsFactor. “The attacks are still continuing, but we have installed technology which has […]

Friday, December 10th, 2004

Paymetric Continues Momentum with 100th SAP Customer

‘Paymetric Inc. announced today that it has surpassed the 100-customer mark for its SAP-integrated payment card solutions while retaining 100% of its customers. The 100th customer is The Washington Post.
“The Washington Post was looking for a credit card processing solution to augment the SAP IS-Media software that provides the foundation for our advertising and billing […]

Friday, December 10th, 2004

The Differences between Debit Cards and Credit Cards

Ah, the “good old days”. If you are a baby boomer, like me, then you probably remember how important it was to rush to the bank on payday. You had to get there before the teller lanes closed so that you could have your “cash allowance” for the week. Otherwise, if you needed cash you […]

Thursday, December 9th, 2004

Credit card ruling ripples - USA

‘The big boys in the credit card business, along with the federal government, have been engaged in a multi-year court battle. But guess who comes out the big losers in the end? That’s right, consumers and small businesses.
It started in 1998 when the U.S. Department of Justice sued Visa and MasterCard for supposedly anti-competitive behavior. […]

Thursday, December 9th, 2004

Business Crippled By Useless Credit Card Machine

‘Imagine owning a small business and telling your customers, “Sorry, we can’t take credit cards.”
That’s what one owner has been doing for months and he’s fed up and blames his vendor.
Larry price owns Reformed Products, a wholesale vinyl siding business. Christy Price, who runs her father’s office, complains they were sold a credit card processing […]

Thursday, December 9th, 2004

E-payment control and risk factors for merchants

‘The commercial requirement to accept many and various forms of electronic payment provides a range of challenges for business owners. Primarily, these are security and control issues, as well as additional costs, and accounting matters.
Internally, the biggest security risks revolve around prohibiting staff access to customer credit card information. Credit card information has to be […]

Thursday, December 9th, 2004

Untapped Market for Credit Cards Is Ripe for Foreign Lenders

‘ANYONE looking for signs that China is edging its way into Western consumer culture should consider this: The Bank of China, the oldest indigenous Chinese bank, now issues a Great Wall platinum Visa credit card, and it comes with a frequent-flier rewards program.
Today, only about 1 percent of Chinese citizens hold Western-style credit cards, and […]

Thursday, December 9th, 2004

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