Payment News

Archive for the ‘Visa’ Category

Visa Europe and Akbank Team up for MicroSD Payment System on Mobile Phones using DeviceFidelity In2Pay

08.04.2010 · Posted in Mobile Payment News, Visa

Visa Europe and Turkey’s Akbank announced today that they have launched a product called In2Pay which is manufactured by DeviceFidelity. In2Pay is a payment platform that uses microSD card that is inserted into a mobile phone enabling the phone to make payment transactions. In2Pay utilizes Near Field Communication (NFC) as a contactless payment technology platform ...

SmartMetric Files Second Compliant Against MasterCard and Visa for Patent Infringement

07.29.2010 · Posted in MasterCard, Visa

SmartMetric, Inc, a patent holding technology company based out of Bay Harbor, Florida, today put out a press release announcing that it has filed complaints against MasterCard and Visa for patent infringement and this recent one is the second Amended Compliant against the parties involved. SmartMetric has included full scanned copies of the compliant file ...

Visa Europe Launched Whitepaper Best Practice Guideline for Hotels

07.26.2010 · Posted in Visa

Visa Europe which is the country’s leading payment platform today launched its first services of whitepaper specifically tailored to the hospitality sector with information on how to safeguard consume card data. Because criminals are constantly targeting the hospitality industry and breaches are increasing, Visa has offer these guidelines to help companies protect consumer card data ...

Visa & National Retail Federation (NRF) working together to Minimize Cardholders Data Stored By Merchants.

07.15.2010 · Posted in Visa

On Wednesday July 14, 2010 Visa Inc, launched a new payment security initiative in an effort to reduce the need for organizations and retailer to retain the full 16-ditit debit or credit card number on their data systems. The source comes directly from National Retail Federation and Visa Inc. You see, for the longest time ...

Visa Global Best Practices Guidelines for Card Data Tokenization

07.15.2010 · Posted in Visa

Visa Inc. (NYSE: V) has put out guidelines regarding what they referred to as global industry best practices for tokenization to help service providers, vendors, merchants and acquirers to promote and adopt safer environment for merchant payments. The guide is intended as a compliance effort to reduce sensitive card information and data security for payment ...