Worldline Not Crediting Card Payments to Merchants, Bitcoin Is Superior
Nearly every physical retailer is accepting in-store card payments, either through credit, debit or bank cards. Most consumers have access to these types of payment in the Western world, and cashless payments are slowly but surely becoming the norm in several countries. But when merchants are not receiving the funds from these card payments due to the third-party company processing these transactions, it becomes clear once again why alternatives such as Bitcoin are so valuable. Depending on which part of the world you live in, paying with a bank-issued debit card – not Visa or Mastercard –....
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PayPal has unveiled a new piece of hardware that will make it easier for retailers and in-store merchants to accept contactless card payments, such as Apple Pay, Android Pay, and EMV-enabled cards. The PayPal Here Chip Card Reader has been unveiled to US customers and is aimed to make the transition to these brand new payment options much smoother. For those merchants who hoped to receive this device at a cheap price, there is a harsh reality to face. Even though the PayPal Here Chip Card Reader will be offered at the price of US$49 to US retailers, they will only be deemed eligible for....
The payment services giant joined a major bitcoin solutions provider to increase BTC usage in Switzerland as a medium of exchange.
Payment21 and ACI Worldwide announced on Wednesday a strategic collaboration to enable payment service providers (PSPs) to offer merchants anti-money laundering (AML)-compliant bitcoin acceptance. 56,000+ Merchants Can Now Accept Bitcoin. Headquartered in Florida, ACI Worldwide is a payment systems company which processes electronic payments for more....
The cost of traditional banking transactions has come into focus once again as Amazon announced it would no longer accept Visa credit cards for payment in the UK. It was part of a battle that began earlier this year in Singapore and Australia where the e-commerce giant took steps to deter Visa credit card payments. An Amazon spokesperson explained, “We believe the cost of accepting credit card payments should be going down over time to allow merchants to reinvest savings into low prices and shopping enhancements. Yet despite technical advancements, some cards’ cost of payments continue to....
Online payments giant PayPal recently launched a new product called PayPal Here Chip Card Reader which allows merchants to accept various forms of digital payment such as Apple Pay, Android Pay, and EMV-enabled cards. It is available for US retailers, in-store merchants, and customers. The PayPal Here Chip Card Reader is currently offered at $49 for US retailers if they can be able to process at least $3,000 worth of transactions within the first three months. If not, the retail price of the card reader is at $149. PayPal vs. Bitcoin. Following its split with online retail company eBay,....