Payments News from Glenbrook Partners
Glenbrook   Book   Education   Jobs   Views   Archives   Store   Advertise   About         SUBSCRIBE:

« December 15, 2011 | Main | December 20, 2011 »

December 19, 2011

VeriFone Enters Long-Term Strategic Partnership with NBC Owned Stations

Verifone logo 140pxVeriFone and NBC Owned Television Stations have announced a significant long-term strategic and advertising sales agreement.

This new partnership, effective January 1, 2012, will deliver audiences across the country access to NBCUniversal’s award-winning news, information and entertainment programming in more than 12,000 taxi cabs as well as at thousands of gas stations and other digital out-of-home platforms in the future. The agreement will also provide advertisers unmatched capabilities to engage consumers interactively through e-commerce, couponing and microsites.

Reserve Bank of Australia Requests Feedback on Proposed Merchant Surcharging Rules

Reserve bank australia The Reserve Bank of Australia is considering tightening its current rules that permit merchant surcharging on Visa and MasterCard products.

The proposed variation will allow scheme rules to limit surcharges to a reasonable cost of acceptance, while still ensuring that merchants cannot be prevented from fully recovering their costs. The need for this change arises because in recent years some surcharging practices that potentially compromise price signals, such as surcharging in excess of card acceptance costs, have become more widespread. The Board believes that the proposed variation will improve the efficiency of the payments system by providing better price signals to cardholders.

Comments are due back by Feb 10, 2012.

EMVCo Delivers Update On Its EMV Contactless Mobile Payments

EMVco logo 140pxEMVCo has announced publication of a white paper providing an update on its work to securely standardise contactless mobile payments (CMP).

Patricia Partelow, EMVCo Executive Committee Chair, comments: “EMVCo recognises the great potential of using a mobile handset to initiate a payment. At the same time, we acknowledge that this creates new challenges for the payments market that must be resolved to implement a secure, efficient and sustainable infrastructure. EMVCo has been working over the last few years to ensure that its specifications and testing processes meet the requirements of this emerging payment environment and the development of this white paper delivers a full update on the activity. The document also aims to enhance the understanding of EMV technology among CMP industry stakeholders.”

The white paper is free to download from EMVCo’s website.

Sponsors

News View

Payments Consultants

Subscribe

Languages



Glenbrook Partners

PAYMENTS NEWS IS PRODUCED BY AND IS A SERVICE MARK OF GLENBROOK PARTNERS, LLC
ISSN 1556-4487

Glenbrook's Consulting Services

  • Innovation and Strategy
  • Payments Product Development
  • Payments Market Assessments
  • Payments Vendor Selection
  • Merchant Payments Optimization
  • Payments Risk Management
  •  
  • To discuss how Glenbrook can
    help you
    , email us:

Glenbrook's Payments Education

  • Payments Boot Camps
  • Payments Essentials Webinars
  • Private Payments Workshops
  •  
  •  
  •  
  •  
  • For more information on Glenbrook's payments education, email us:

Tools for Payments Professionals

  • Glenbrook Writings
  • Payments News
  • Payments Views
  • Payments Jobs
  • Payments Education
  • Payments Bookstore
  •  
  • To send us news that you'd like us to cover on Payments News, email us:

Contacts:                        
Compilation Copyright © 2002 - 2014 Glenbrook Partners LLC. All Rights Reserved.
Terms of Use        Privacy Policy        RSS Feed        Payments News RSS Feed

Subscribe to Payments News   

Follow Payments News on Twitter for Real-Time Updates