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May 06, 2006

A New Generation of ATMs

Tags » ATM  » Comments (0)

Robin Sidel and Ian McDonald report for the Wall St. Journal about a new generation of ATM machines coming to market. Last year there were 10.5 billion ATM transactions ln the U.S. with about 80% involving cash withdrawals.

Payment Instrument Choice: The Case Of Prepaid Cards

Tags » Prepaid Cards  » Comments (0)

Sujit Chakravorti and Victor Lubasi write for Economic Perspectives from the Federal Reserve Bank of Chicago about prepaid cards and how the costs and benefits to payment system participants can differ depending on which payment mechanism is used. The authors specifically explore the costs and benefits of prepaid card applications versus other payment instruments, such as cash, checks, and debit cards, for certain payment segments, including gift, payroll, and employer-initiated and government benefit programs.

Mobile Phones: A Key Player in Proximity Payment Systems

Tags » Contactless Payments, Mobile Payments, Near Field Communication (NFC), Vending Payments  » Comments (0)

Michael L. Kasavana, NAMA endowed professor in hospitality management at Michigan State University, writes for AMonline about the evolution of vending machines to support contactless proximity payments.

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A Look At eBay's Health

Tags » ECommerce Payments, PayPal  » Comments (0)

Richard Waters writes for the Financial Times from San Francisco about eBay's current situation, asking whether eBay is about to become an ecommerce dinosaur or whether it is in the middle of an overhaul that will position it to "move into entirely new markets and continue to expand its 14 per cent share of global ecommerce?"

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