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January 19, 2006

UK: Internet Shopping Reaches 10% Of Retail Sales

Ashley Seager reports for the UK's Guardian that the value of goods sold over the internet rose by 50% this Christmas compared with last year according to figures from the Interactive Media in Retail Group.

Vindicia: Product Manager, Senior Software Engineer

Vindicia, a Foster City, CA-based company focused on payment infrastructure for digital merchants, has posted position openings for a Director of Product Management and a Senior Software Engineer.

Stop Interchange Now?

Stop Interchange NowEarlier this week, PR firm Bite Communications, on behalf of a mysterious group called StopInterchangeNow.com, published a press release about a small protest outside the Javitz Center in New York City where the National Retail Federation's annual conference was being held.

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Call for Papers: 2nd Annual Consumer Behavior and Payment Choice Research Conference

Federal Reserve Bank of BostonThe Emerging Payments Research Group of the Federal Reserve Bank of Boston has published a call for papers for its second annual Consumer Behavior and Payment Choice Conference to be held in Boston, MA on July 26-27, 2006.

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German Retailers File Complaint About Card Fees

Expatica reports that a legal complaint aimed at cutting interchange fees charged by credit card groups VISA and Mastercard has been filed in German with the country's federal monopolies body.

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McDonald's To Accept American Express ExpressPay

McDonaldsAmerican Express has announced that McDonald's USA has begun accepting ExpressPay from American Express. Cardholders can use ExpressPay at more than 12,000 McDonald's restaurants nationwide.

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BBC: Britons 'Waiting On Chip And PIN'

The BBC reports on the status of the "chip and PIN" rollout on credit and debit cards in the UK based on a recent survey by Retail Decisions.

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American Express Eyes China Banking License

People's Daily Online reports that American Express is considering applying for a banking license in China.

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