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Paysafe launches EMV-enabled global omni-channel mPOS services
Paysafe has expanded its long-term partnership with Handpoint to offer EMV-ready mPOS and online payment solutions to merchants and partners in Canada, the US and Europe. Through this partnership, Paysafe offers end-to-end frictionless payments online, in-store and through mobile devices and tablets. The solution supports Paysafe’s growing Integrated Partnership Channel. This provides Value Added Resellers [...]
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Microsoft Wallet, Android Pay and Samsung Pay enabled via Masterpass
Mastercard says it has reached agreements with Microsoft, Google and Samsung to bring online payments capabilities to US-based users of their digital wallets via Masterpass. Starting early next year, Mastercard cardholders that use Microsoft Wallet, Android Pay or Samsung Pay will be able to shop online at the hundreds of thousands of merchants around the [...]
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Card fraud losses hit $21.84 billion in 2015 – up 20.6%
Card fraud losses incurred by banks and merchants on all credit, debit, and prepaid general purpose and private label payment cards issued worldwide reached $21.84 billion last year when global card volume (purchases of goods and services combined with cash advances and withdrawals) totaled $31.310 trillion. This means that for every $100 in volume, 6.97¢ [...]
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E-commerce authentication gets a major makeover with new 3-D secure specification
To encourage the continued growth of e-commerce, merchants and issuers around the globe need intelligent tools to distinguish between good and bad transactions, all while minimizing disruption to consumers at checkout. Without data-driven insights into the riskiness of a transaction, confidently approving ecommerce payments—now originating from a variety of platforms and form factors, each with [...]
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Consumers want additional security to prevent e-commerce fraud
As e-commerce and e-commerce fraud continues to expand, online payment security is a top concern for merchants and consumers, according to a new report from American Express. The 2016 American Express Digital Payments Security Survey found that 70% of US merchants are experiencing an increase in sales through online and mobile channels over the previous [...]
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