Welcome to the News View for "Orbiscom".
Here, on these archive pages, you'll find all of the articles on Payments News for Orbiscom listed in date sequence beginning with the most recent article at the top of the page.
MasterCard and Orbiscom have announced an agreement to create MasterCard inControl - what the companies call an "innovative platform that offers an array of advanced authorization, transaction routing and alert controls designed to enable issuers to more quickly and cost-efficiently introduce new and enhanced products."
Digital Transactions reports that "PayPal will start rolling out its so-called virtual debit card to “hundreds of thousands” of users some time this month in a process it expects to complete by the end of August." Using software from Orbiscom that is downloaded by the consumer, a single use MasterCard Debit account number is generated which can then be used at any MasterCard accepting ecommerce merchant. No changes are required by merchants to handle these transactions - effectively extending PayPal's reach to essentially all off-eBay ecommerce merchants.