Merchant of Death” Trial Still Looms

The Russian parliament and media refer to him merely as a “Russian businessman.” But to much of the rest of the world, Viktor Bout is known as the “merchant of Death,” the most notorious member of the dark fraternity of global weapons ...

Credit Card Processing Leader, BluePay, Announces Launch of New Website

Launching their new website in early April 2009, BluePay's goal is to stay connected with merchants in search of a fast, reliable payment processing company. BluePay.com allows merchants to accept all major credit cards with two simple options, BluePay Go! and BluePay HQ.

Beanbasket adds Enhanced Continuity and Payment Plans to its integration with OMX from OrderMotion

Update adds auto ship, subscription, and collection plans for recurring revenue and multiple payment plans to entice big ticket sales

RBI ruling to check card frauds

MUMBAI: From August 1, you need not think twice before letting your credit card out of sight at a restaurant, petrol pump or any other merchant establishment.

The Diabolical Duplicate Debit Debacle

At the height of the last year's holiday shopping season, some 8,000 Macy's shoppers found themselves double-and triple-charged for various holiday purchases. All the victims used credit cards.

Mazooma Named a Finalist in The 2009 American Business Awards(SM)

MIAMI, FL -- (Marketwire) -- 05/20/09 -- Mazooma, the first real-time online debit payment solution for U.S. consumers, was named a Finalist today in the "Best New Company of the Year" category for The 2009 American Business Awards (ABAs). The ...

Franklin Memorial Hospital Thrives on the InstaMed Network

FARMINGTON, Maine and PHILADELPHIA, May 19 /PRNewswire/ -- By utilizing InstaMed's solutions, Franklin Memorial Hospital has streamlined its payment collection processes, increased payment card transactions and decreased administrative costs ...

Chase Paymentech Class A Certifies Hypercom Optimum T4205

Hypercom Corporation (NYSE: HYC) today announced that Chase Paymentech, a leading merchant acquirer and payment processor, has Class A certified Hypercom's PCI PED-approved 32-bit Optimum T4205 card payment terminal. The device will be made available ...

Franklin Memorial Hospital Thrives on the InstaMed Network

By utilizing InstaMed's solutions, Franklin Memorial Hospital has streamlined its payment collection processes, increased payment card transactions and decreased administrative costs.

NRA 2009: Payment solutions to combat card breaches shown

When heartland payment systems was contacted by Visa and MasterCard about reports of fraud tied to credit cards it had processed, an investigation showed that transactions at many of its small- to-medium-sized restaurants had been targets of a system ...

netSpray: Harnessing Social Networking to Sell Online

If sellers found eBay's limitations on self-promotion a hindrance, they may embrace a new ecommerce site that actually encourages it. netSpray enables users to sell their own and others' items as a transportable ad widget on blogs, social networking ...

Lynx Fulfillment And Logistics Plus Enter Into Strategic Partnership

Lynx Fulfillment, a leading provider of Warehousing and Fulfillment solutions for e-commerce and retail businesses, today announced that it has formed a strategic partnership with Erie, Pennsylvania based Logistics Plus, a leader in Worldwide Logistics.

DacEasy by Sage 2010 Celebrates 25 Years Helping Businesses Grow

ATLANTA, GA, May 14, 2009 (MARKETWIRE via COMTEX) -- Sage North America announced today the availability of DacEasy by Sage 2010. Now in its 25th year supporting small businesses, DacEasy 2010 offers a number of new product enhancements to further ...

Judge tosses most Maine supermarket data breach claims

PORTLAND, Maine (AP) — Only those customers who weren't reimbursed for fraudulent charges may sue the Hannaford Bros. supermarket chain over a data breach that exposed 4.2 million credit and debit card numbers to computer hackers, a federal judge ...

Court Rules Breach Victims Not Entitled to Restitution

A federal judge has ruled that victims whose bank card numbers were stolen in a data breach are not entitled to sue if their losses were already reimbursed. Only customers who weren’t reimbursed for fraudulent charges may sue. The case involves the ...

MasterCard Mobile MoneySend(TM) Platform Set To Go Live

to-person payments using their mobile phones

ControlScan's Advisory Board Finds Education Key to Helping Small Merchants Become PCI Compliant

ControlScan, Inc., the leading provider of pci compliance and security solutions exclusively focused on small merchants, today announced the launch of its Advisory Board. The Board, which includes participants representing independent sales organizations, banks and other industry experts, held its first meeting on April 22, 2009 during Electronic Transaction Association's Annual Meeting in Las ...

Cut in-house development says Gartner

Stick to essentials of ecommerce says research house ecommerce development teams should do more with less,  to maximise their resources, according to Gartner.

As Economy Impacts Online Retail, Companies Shift Marketing Focus

As Economy Impacts Online Retail, Companies Shift marketing Focus -Shop.org/Forrester Survey Highlights Retail Priorities, Spending -

The eBay Battle of the Fans is a barometer which measures the popularity of an IPL team by the quantity of team ...

eBay India, India’s leading ecommerce marketplace, which is the one stop online destination for IPL 2009 merchandise, today announces a unique Barometer – Battle of the Fans. The eBay Battle of the Fans is a barometer which measures the popularity of an IPL team by the quantity of team merchandise bought by fans on eBay.

CyberSource Offers Simpler, Safer Payment Integration to SAP(R ...

MOUNTAIN VIEW, Calif., May 11 /PRNewswire-FirstCall/ -- Merchants that employ SAP software as their business foundation can now add payment capabilities more easily as a result of a collaboration between cybersource Corporation (Nasdaq: CYBS) and ...

Selling online: structuring your e-commerce process

More people than ever are purchasing goods and services online. As an online business you have to ensure that you protect yourself and your consumers. The following guide contains some 'recommended' best practice techniques to ensure that your sales ...

The Secret Of Process Payment Online

Internet and World Wide Web has completely changed the world scenario today. Commercial world has shrunk completely. Transactions have crossed all the geographical barriers and have necessitated process payment online. Of course understanding the process payment online requires involvement in analysis and homework. For the purpose one can use the credit or prepaid debit card. However it is necessary to understand the basic difference between subscription websites and the normal marketing websites before you send money online. Free normal websites do not require payment of subscription while subscription website obtains specified fees for allowing their membership online.

Apparently Simple yet Complex in Practice Despite the fact that the process looks simple they are not. Theory and practice could very quite a bit. Any one who tries the practices for commercial loans or any such purposes must properly appreciate the essence of such processes. Process payment services has to be directly linked with the member databases on the website and it is also required that the content management is effective. However the entire process should run in a compact and cohesive design. New members signing up should have links with password so that it becomes easier for them to access the contents for which they signed on to the website. Commercial loans would especially require effective linking to the service.

Going By Steps In order to process payment online one can use prepaid debit card or the credit card. Details of such card are provided to the website online that would naturally carry out some checks to find out the genuineness of the card. No fears of information disclosures are involved since all the information are encrypted when sent on the web. Once the information is uploaded they will be checked to find out whether the card involved in genuine and not blacklisted or invalid. If the outcome is positive, such information would be passed on to some merchant service company that would be dealing with merchant accounts trade finance. If the information is authenticated the merchant service would accept the money and send back the same to the website deducting their fees.

How to Submit By clicking on to the given link the user gets in touch with the provider. Normally such links would be on secured servers and the nature of server could be checked finding out whether it uses https instead of the traditional http. Information submitted is automatically encrypted. As the user presses the submit button, the information get processed in to the gateway provider. Further check by them establishes the authenticity of information or otherwise. Detection of fraud or mischief becomes easier with such verification process. For easy detection of fraud and mischief such verifications are essential. On confirmation of the process the same is transmitted to merchant service provider for reconciliation that forms the basis of the merchant account trade finance.

Overseas Process To process payment overseas the websites often resort to commercial foreign exchange. Ordinarily the system follows is to accept one or more currencies as the base currency and to convert others in terms of the said currency taking into consideration the currency conversion values. This is also required since overseas commercial loans and other transactions often require such conversion.

Duales, a privately owned Canadian Corporation founded in 1994, is a licensee of the McAfee Privacy Program. They have a committed team with the best combined banking and trust experience coupled with a growing network of first order international and national banks and alternative finance companies. For more information, visit the website http://www.duales.com

BBL launches first chip-enabled debit card

Bangkok Bank has launched the Be1st Smart Visa debit card - Thailand's first debit card using global standard EMV chip technology, which promises greater security for ATM transactions and shopping.

Leading Nutritional Supplements Firm RBC Life Sciences Chooses ProPay ...

RBC Life Sciences : , a leading provider of proprietary nutritional supplements, wound care and pain management products, has selected ProPay’s payment services : as the foundation of its new ClearPay Solution payment plan. The RBC Life Sciences ...

Miniweb Selects MPP to Power Interactive TV Payment Transactions

MPP and Miniweb, the Interactive Service Provider that is enabling internet video, interactivity and targeted, web-style advertising on TV, today announced the integration of MPP’s iPay Developer payment solution into Miniweb’s interactive ...

Music Retail Giant Musician’s Friend to Re-launch with ATG

Musician’s Friend, a top 50 ecommerce site, selects the ATG Commerce Suite and ATG Commerce Service Center to revamp its network of Web stores, unifying global e-commerce operations on a single platform CAMBRIDGE, Mass.--( BUSINESS WIRE )-- ATG ...

Two, the consumer can file another, deficiency in service case for "loss of face` ` one suffers when a card ...

Not all consumers learnt about the recent lowering of credit limits by card-issuing banks the usual way-via a bank statement , email or SMS. According to a senior Mumbai banker, they learnt about the sudden development only when their card swipe transaction was declined at a merchant establishment.

Two, the consumer can file another, deficiency in service case for "loss of face` ` one suffers when a card ...

Not all consumers learnt about the recent lowering of credit limits by card-issuing banks the usual way-via a bank statement , email or SMS. According to a senior Mumbai banker, they learnt about the sudden development only when their card swipe transaction was declined at a merchant establishment.

richrelevance Named "Best Place to Work" by San Francisco Business Times

SAN FRANCISCO----richrelevance™, the leading provider of next-generation personalization and product recommendation tools for enterprise-class eCommerce sites, today announced that it won a San Francisco business Times "Best Places to Work" award. richrelevance was selected as the #1 best place to work in the 25-50 employee category from several dozen San Francisco Bay Area-based entrants of ...

Web Host Web.com Acquires Solid Cactus

Web hosting provider boosts portfolio of ecommerce offerings for SMBs.

House Passes Credit Card Reform, But Leaves Out Small Business Cards

The House just passed the Credit Cardholders Bill of Rights, which restricts some aggressive tactics by credit card companies, like arbitrary rate changes, applying payments in a way that maximizes interest charges, and double-cycle billing. But the ...