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« September 26, 2007 | Main | September 28, 2007 »

September 27, 2007

An Update on Tempo Payments

Tags » Debit Cards, Decoupled Debit Cards, Tempo Payments

Tempo announced a new decoupled debit strategy called Tempo Debit about two months ago. We recently asked Tempo Payments CEO Mike Grossman for an update on his company's activities since that announcement. Our Q&A exchange with him follows.   » Continue Reading

Consumers Should Be Able to Opt Out of Higher Credit Card Rates

Tags » Consumer Debt, Credit Cards, Financial Regulators

Saying that he saw a "state of disequilibrium when it comes to consumer protection for credit cards", Comptroller of the Currency John C. Dugan said today that "consumers should be given the opportunity to “opt out” of certain credit card rate increases and be given the alternative of paying off the card balance at the old rate."   » Continue Reading

Google Checkout for Non-Profits Provides Free Payment Acceptance

Tags » ECommerce Payments, Google Checkout

Google has announced Google Checkout for Non-Profits - saying "with this launch, U.S. non-profit organizations (IRS-certified 501(c)(3)s) now have an easy way to accept online donations, and donors have a fast and secure way to support their favorite groups. The best part: it's completely free for the organizations. Through at least the end of 2008, non-profits will pay 0% + 0 cents in transaction fees for each donation they accept through Checkout." More details here.

Wachovia Introduces PatientPOS

Tags » Healthcare Payments, Wachovia

Wachovia has announced expansion of its treasury solutions for the healthcare industry with the addition of PatientPOS, calling it "an innovative solution proven to improve revenue cycle management for healthcare providers."   » Continue Reading

Monitise Announces 2008 Mobile Banking Product Suite

Tags » ECommerce Payments, Mobile Banking, Monitise, UK

Monitise has announced its current global product suite for 2008 - saying that its "new range of services have been developed by Monitise on the basis of the requirements of its key partners and its view of the expanding demands of the consumer in this rapidly developing market space."   » Continue Reading

Paying for Goods - on the Fly

Tags » Canada, Contactless Payments, Mobile Payments, Near Field Communication (NFC)

Joanna Pachner writes for Canada's Globe and Mail about contactless payments - saying that "perhaps the real breakthrough will happen with the next generation of contactless technology, already growing fast in Asia: mobile commerce, employing a new generation of cellphones equipped with near-field communication (NFC) chips."

BidPay Adds Integrated Checkout Options

Tags » BidPay, ECommerce Payments

BidPay has announced that online sellers and third party developers can now integrate BidPay as a payment option on their checkout pages allowing sellers to use BidPay as an alternative payment service across all online marketplaces from auctions to traditional Web stores.   » Continue Reading

Headline News - September 27, 2007

Tags » Payments News - Headline News

Note: Throughout the day, as Payments News happens, this post is updated. For job opportunities available for payments professionals, visit PaymentsJobs.com. Employers looking to hire payments professionals can post their job openings there as well.

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