Bill Me Later - A Safer Way to Pay Online?
Robert Terry reports for the Washington Business Journal on I4 Commerce's Bill Me Later.
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Robert Terry reports for the Washington Business Journal on I4 Commerce's Bill Me Later.
Mylene Mangalindan of The Wall Street Journal reports on the Monday after Thanksgiving - the expected peak shopping day for online ecommerce retailers.
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Pete Barlas reports for Investors Business Daily on Visa USA's report that Thanksgiving Day online shopping peaked at $205 million, up 41% from Thanksgiving last year.
Attempting to address the nature of competition between card schemes as it relates to the level of interchange fees, the Payments System Board of the Reserve Bank of Australia has announced a revised Standard to apply to the setting of interchange fees in the designated Bankcard, MasterCard and Visa credit card schemes in Australia.
Kris Hudson reports for the Wall St. Journal on new features being used to personalize gift cards with personal photos, messages, or music as well as major new gift card marketing initiatives by Wal-Mart and McDonald's.
Rhonda Abrams reports for USA Today on how businesses can use gift cards as promotion tools.
Phil Kerpen, Policy Director of the Free Enterprise Fund, writes an op-ed piece in today's Boston Globe about "frivolous litigation and pleas for unnecessary regulation" by merchants regarding credit card interchange fees.
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David Milstead reports for the Rocky Mountain News that Wells Fargo will abandon its "OneLook" account aggregation service early next year.
Valerie Bauerlein reports for the Wall St. Journal that Bank of America appears to have just barely cleared one potential hurdle that could have blocked its ability to acquire MBNA. At the end of September, the combined assets of BofA and MBNA were 9.8% of total US deposits, just below the 10% U.S. federal cap on the percentage of deposits that can be held by a single bank.
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