Mobile Commerce

B2B Payments
Dwolla Speeds Up B2B Funds Transfers
May 29, 2014

A new service from the online funds-transfer network enables qualified senders to have ACH-transferred funds placed in recipients’ accounts the next day, and it provides quicker funds availability. As with all funds transfers exceeding $10 that Dwolla supports, the cost is just a quarter.

B2B Payments
Online Procurement System Cuts Costs and Time For Health Care
May 29, 2014

Avalon Health Care manages 55 health care facilities in many western states and has over 330 people buying supplies for its facilities. The company was in need of new procurement system that was more efficient and user-friendly. After the first year of a new system,...

Hmmm
Consumer Groups Set Sights On Debit, Prepaid
May 29, 2014

On the fifth anniversary of the Credit CARD Act, several leading consumer-advocacy groups now say more needs to be done to reign in debit and prepaid card fees. Among the chief targets are overdraft fees. Not so fast, say opponents to such moves, including the...

Financial Inclusion
PayPal Australia Reassures Customers After Potential Data Breach
May 29, 2014

Some Apple users in Australia have found themselves victims of a unique attack by hackers through their iPhones. According to several reports, Apple customers received a message on their iPhones, iPads and Macs, which told them that if they didn’t pay US$100 to a PayPal...

Mobile Commerce
Report: In China, Banks Leading Way In Mobile Sales Volume
May 29, 2014

China’s largest banks last year handled the bulk of mobile sales activity, though younger nonbank competitors handled the most mobile transactions, according to a report released earlier this week. Banks in the country in 2013 processed 1.67 billion smartphone-initiated worth 9.64 trillion Yuan (about $1.6...

Mobile Commerce
Target Forms Council To Help Accelerate Digital Efforts
May 29, 2014

Target Corp. has formed a digital advisory council to help in efforts to accelerate its digital activities online and in stores. The council also will guide Target’s omnichannel strategies and push Target to innovate faster, and to discover new ways to leverage technology to enhance...

Company Spotlight
Fraud Report Compares Payment Options
May 29, 2014

An inaugural quarterly fraud-index report from online-payments provider 2Checkout identifies Discover and Diners Club credit cards as experiencing the most amounts of fraud and Acculynk payments as having the least fraudulent activity. Discover and Diners Club scored a fraud-index rate of minus-75, indicating that consumers...

Mobile Commerce
Finnish Burger Chain Moves To Online Payments
May 29, 2014

Ready to order that cheeseburger through your phone? The Finland-based burger company Hesburger can now offer its customers that solution. In November 2013, Hesburger signed an agreement with Seamless, which developed the mobile wallet SEQR. According to a Seamless press release, there are 280 Hesburger...

Company Spotlight
MasterCard Extends 0% Liability Protections To PIN-Debit Activity
May 29, 2014

MasterCard is extending its zero-liability policy in the U.S. to include all MasterCard PIN-based purchases and ATM transactions, the company announced May 28. The network has provided similar protections on signature debit and credit card transactions for quite a while. The major card networks have...