Content Providers 'Need New Payment Options'
Online content sales could benefit from ônew payment alternatives to the credit cardö, according to a joint report by PSP, PaymentOne, research firm Javelin Strategy and eContent Magazine. ôToo few ex...
Treasury Departments 'Not Optimizing ePayments'
Treasury functions ôthat rely solely on ACH or financial EDI arenÆt realizing the full range of cost savings and efficiencies possible with e-paymentsö, Trreasury Strategies reports, but the situation...
US Banks 'Want To Improve Their Online Services'
Although US banks are ômany years into online banking, most donÆt understand the value theyÆre getting from their [services]ö, says TowerGroup analyst, George Tubin, as ômeasuring the value of online ...
MasterCard, Nokia Extend PayPass To Phones
MasterCardÆs extension of its PayPass contactless card trial in Orlando, FL, to the end of September coincides with the card firmÆs move to test Nokia phones containing a PayPass chip, in Irving, Texa...
SMART Launches OTA Prepaid Reload Service
Philippines-based wireless carrier, Smart Communications, is now offering an æover-the-airÆ (OTA) prepaid reloading service to offer airtime in æsachetÆ-like packages and eliminate cards from the rech...
Absa Bank Upgrading Its Back-End Functions
Internet payments ôare the fastest-growing element of the electronic payments industryö in South Africa, according to ITWeb, particularly the extension of Internet payments into the physical world. Es...
ING, Payhound Launch New ePayments Service
While Dutch bank, ING Group, has introduced a new e-payments service, Way2Pay, Jupiter analyst, Rob Leathern, recalls that in November 2000, ING and PayPal announced an e-payments partnership. INGÆs n...
mCommerce 'Has A Long Gestation Period'
mCommerce ôis not dead on the vineö, says Yankee analyst, Adam Zawel, but has ôa much longer growing season than expectedö, given Yankee predictions that mCommerce revenues would hit USD 100 billion ...
Banks 'Must Resolve EBPP Service Glitches'
Banks need to improve their EBPP services, lower fees and investigate alternative payment methods to accelerate consumer e-billing adoption and retain a foothold in the market, according to Giga Infor...
Maybank First To Roll Out Web-based Kiosks
MalaysiaÆs Maybank has launched a branded Internet kiosk, Maybank2u.com, to allow its customers to access its financial portal at bank branches in a move that complements its ATM and e-banking service...
SAP Gearing For Activity In Latin Banking Sector
Germany-based software firm, SAP, is seeking to increase its presence in Latin AmericaÆs banking sector, most notably in Chile, Argentina, Mexoci, Colombia and Venezuela. In the Chilean market alone, ...
ePayments 'A Challenge For Corporate Treasury'
B2B e-payments streamline the payment process by increasing efficiencies and cost savings, but create ôa significant challenge for corporate treasury functionsö, according to KeyBank. Treasury departm...
E-Tailers Should Prioritize Credit Card Acceptance
Secure alternative payments could help online content providers monetize their products and services, according to a joint survey in which 53 per cent of respondents requested secure e-payment options...
UK's eCommerce Gaining On Total Retail Sales
Online sales in the UK reached Stg 1 billion in January 2003, and Stg 900 million in March 2003, in the process comprising 5 to 6 per cent of total retail sales in these two months. Consumers are movi...
Card Fraud 'Would Double Without Chip-And-PIN'
Without the imminent rollout of chip-and-PIN payment systems in the UK, plastic card fraud would more than double to Stg2.2 million per day by 2005, according to APACS figures. Instead, the banking in...
FDC Envisions PIN-Based Credit Card Payments
First DataÆs potential merger with Concord EFS could rival Visa and MasterCard in enabling First Data to accept and issue debit and credit cards without routing transactions over the card associations...
South Africa's Banks Addressing Debit Security
South AfricaÆs Absa Bank is addressing the fact that debit cards have fewer security features than credit cards by raising the security of its magnetic-stripes to complicate æskimmingÆ, and preparing ...
Operators Seeking 'Converged' Billing Systems
The mobile billing market will revive by end-2003, according to Chorleywood Consulting, even if operators are still consolidating and enforcing cost-containment policies. Operators are still keen to t...
Nigeria 'Needs A National ePayments Switch'
While Nigeria is promoting smart card use, its lack of payment systems infrastructure restricts e-payments in the country, with less than 5 per cent of its 120 million people using the technology. Car...
E-tailers 'Need Security To Protect Reputations'
E-tailers ôhave much to lose without adequate securityö, says Paul Tickle, of data integrity firm, Tripwire, as ôsystem downtime to any kind of security breach affects ability to make money at the til...