http://www.pivotalpayments.com/ en webmaster@pivotalpayments.com Copyright 2012 2012-02-02T17:01:14+00:00 http://www.pivotalpayments.com/ca/industry-news/thomson-reuters-retail-sales-soared-in-january-despite-weaker-consumer-sentiment-800699852/ http://www.pivotalpayments.com/ca/industry-news/thomson-reuters-retail-sales-soared-in-january-despite-weaker-consumer-sentiment-800699852/ Retail sales appear to have climbed in January, as a survey of the top 20 retailers in the U.S. by Thomson Reuters shows sales climbed by a net 4.2 percent on the month. Credit Card Processing 2012-02-02T17:01:14+00:00 http://www.pivotalpayments.com/ca/industry-news/study-highlights-various-factors-for-choosing-crossborder-payment-processors-800697421/ http://www.pivotalpayments.com/ca/industry-news/study-highlights-various-factors-for-choosing-crossborder-payment-processors-800697421/ As new payment technologies have emerged on a near-constant basis, many market leaders have overlooked the considerable hurdles of cross-border payments. Merchant Account 2012-01-31T15:57:34+00:00 http://www.pivotalpayments.com/ca/industry-news/mastercard-drafts-roadmap-for-adoption-of-electronic-payment-services-800697416/ http://www.pivotalpayments.com/ca/industry-news/mastercard-drafts-roadmap-for-adoption-of-electronic-payment-services-800697416/ MasterCard is moving to expedite the adoption of electronic payment services and technologies. Point-of-Sale Terminals 2012-01-31T15:55:44+00:00 http://www.pivotalpayments.com/ca/industry-news/equifax-delinquency-rates-tumble-across-the-board-in-december-800696791/ http://www.pivotalpayments.com/ca/industry-news/equifax-delinquency-rates-tumble-across-the-board-in-december-800696791/ Delinquency rates on credit card dues, car loans, mortgages and other forms of credit plummeted in December, reflecting a general uptick in consumer sentiment. Credit Card Processing 2012-01-31T09:53:54+00:00 http://www.pivotalpayments.com/ca/industry-news/ecommerce-continues-to-soar-but-risk-to-brickandmortar-minimal-800695359/ http://www.pivotalpayments.com/ca/industry-news/ecommerce-continues-to-soar-but-risk-to-brickandmortar-minimal-800695359/ Online retail looks poised for continued growth in 2012, as consumers view ecommerce as a cost-efficient and convenient method for shopping. Point-of-Sale Terminals 2012-01-30T09:30:25+00:00 http://www.pivotalpayments.com/ca/industry-news/ftc-to-review-fledgling-mobile-payments-industry-800695356/ http://www.pivotalpayments.com/ca/industry-news/ftc-to-review-fledgling-mobile-payments-industry-800695356/ The U.S. Federal Trade Commission is planning to scrutinize the burgeoning mobile payments industry this spring when it holds a workshop designed to understand the market's impact on technology, consumers and businesses alike. Point-of-Sale Terminals 2012-01-30T09:28:16+00:00 http://www.pivotalpayments.com/ca/industry-news/mobile-payment-ventures-soaking-up-large-chunk-of-vc-dollars-800692683/ http://www.pivotalpayments.com/ca/industry-news/mobile-payment-ventures-soaking-up-large-chunk-of-vc-dollars-800692683/ Last week, the National Venture Capital Association and PricewaterhouseCoopers reported that venture capital investment in 2011 reached the third-highest annual investment total of the past decade. Point-of-Sale Terminals 2012-01-25T17:20:06+00:00 http://www.pivotalpayments.com/ca/industry-news/credit-card-use-climbed-in-december-on-strong-holiday-season-800691565/ http://www.pivotalpayments.com/ca/industry-news/credit-card-use-climbed-in-december-on-strong-holiday-season-800691565/ Cash, debit and credit card processing continued to grow in December, both in terms of transactions and dollar volume, according to the most recent SpendTrend report from First Data Corporation. Credit Card Processing 2012-01-24T17:01:33+00:00 http://www.pivotalpayments.com/ca/industry-news/risk-of-fraud-wanes-among-merchants-but-concerns-abound-800691557/ http://www.pivotalpayments.com/ca/industry-news/risk-of-fraud-wanes-among-merchants-but-concerns-abound-800691557/ As ecommerce continues to broaden and expand into new territories such as mobile payments, social commerce and other innovations, the need to protect consumer financial data grows increasingly important. Merchant Account 2012-01-24T16:59:43+00:00 http://www.pivotalpayments.com/ca/industry-news/despite-smaller-debt-loads-consumers-less-financially-secure-than-a-year-ago-800691548/ http://www.pivotalpayments.com/ca/industry-news/despite-smaller-debt-loads-consumers-less-financially-secure-than-a-year-ago-800691548/ Consumers continue to pay off their debts, as financial security continues to improve amid otherwise hopeful outlooks for the U.S. economy in 2012. Credit Card Processing 2012-01-24T16:56:52+00:00 http://www.pivotalpayments.com/ca/industry-news/accounts-with-high-debt-balances-shouldnt-necessarily-be-first-to-be-paid-off-800690505/ http://www.pivotalpayments.com/ca/industry-news/accounts-with-high-debt-balances-shouldnt-necessarily-be-first-to-be-paid-off-800690505/ People tend to make poor decisions when it comes to credit card processing and paying off debt. Credit Card Processing 2012-01-23T16:43:11+00:00 http://www.pivotalpayments.com/ca/industry-news/tablet-owners-bigger-shoppers-than-laptop-or-smartphone-owners-800689967/ http://www.pivotalpayments.com/ca/industry-news/tablet-owners-bigger-shoppers-than-laptop-or-smartphone-owners-800689967/ Ecommerce may soon be synonymous with m-commerce, as mobile devices continue to become venues for online shopping. Point-of-Sale Terminals 2012-01-23T09:34:42+00:00 http://www.pivotalpayments.com/ca/industry-news/student-debt-how-will-millennials-pay-it-off-800688440/ http://www.pivotalpayments.com/ca/industry-news/student-debt-how-will-millennials-pay-it-off-800688440/ Student debt is a mounting problem in the U.S. Merchant Account 2012-01-19T16:54:00+00:00 http://www.pivotalpayments.com/ca/industry-news/most-mobile-users-report-using-smartphones-for-consumer-research-800687880/ http://www.pivotalpayments.com/ca/industry-news/most-mobile-users-report-using-smartphones-for-consumer-research-800687880/ Consumers across the globe are using their mobile devices to research products and find top deals. Point-of-Sale Terminals 2012-01-19T09:33:51+00:00 http://www.pivotalpayments.com/ca/industry-news/nrf-projects-retail-growth-to-proceed-at-slower-pace-in-2012-800685295/ http://www.pivotalpayments.com/ca/industry-news/nrf-projects-retail-growth-to-proceed-at-slower-pace-in-2012-800685295/ Cash transactions and credit card processing may slow in 2012, as a new report from the National Retail Federation projects a dip in overall retail sales for the coming year. Credit Card Processing 2012-01-16T16:43:18+00:00 http://www.pivotalpayments.com/ca/industry-news/visa-certifies-slew-of-new-smartphones-for-mobile-payment-app-800682152/ http://www.pivotalpayments.com/ca/industry-news/visa-certifies-slew-of-new-smartphones-for-mobile-payment-app-800682152/ Payment technology giant Visa announced this week it has certified a number of NFC-enabled smartphones for use as mobile payment devices. Point-of-Sale Terminals 2012-01-11T16:59:02+00:00 http://www.pivotalpayments.com/ca/industry-news/study-pci-compliance-a-nobrainer-among-level-four-merchants-800680529/ http://www.pivotalpayments.com/ca/industry-news/study-pci-compliance-a-nobrainer-among-level-four-merchants-800680529/ A recent survey by research firm Gartner found nearly one-fifth of retailers and credit card processing services are not compliant with Payment Card Industry Data Security Standards. Security and Fraud 2012-01-10T09:38:37+00:00 http://www.pivotalpayments.com/ca/industry-news/aba-credit-card-delinquency-rates-climbed-in-the-third-quarter-800677984/ http://www.pivotalpayments.com/ca/industry-news/aba-credit-card-delinquency-rates-climbed-in-the-third-quarter-800677984/ The national delinquency rate on bank-issued credit cards increased in the third quarter, even as most other categories showed improvements in the rate of late payments. Credit Card Processing 2012-01-05T16:52:24+00:00 http://www.pivotalpayments.com/ca/industry-news/survey-mobile-payments-to-be-defined-by-financial-services-sector-in-2012-800677003/ http://www.pivotalpayments.com/ca/industry-news/survey-mobile-payments-to-be-defined-by-financial-services-sector-in-2012-800677003/ While mobile payments are not expected to go mainstream in 2012, merchants can expect this year to be another breakthrough year for m-commerce and related technology. Merchant Account 2012-01-04T17:05:28+00:00 http://www.pivotalpayments.com/ca/industry-news/drinking-while-shopping-a-dangerous-holiday-mix-800674729/ http://www.pivotalpayments.com/ca/industry-news/drinking-while-shopping-a-dangerous-holiday-mix-800674729/ What better way to end the year than with a story about the holiday season's two most obvious cultural trends? Credit Card Processing 2011-12-30T16:51:30+00:00 http://www.pivotalpayments.com/ca/industry-news/social-media-mcommerce-to-take-off-in-2012-800674720/ http://www.pivotalpayments.com/ca/industry-news/social-media-mcommerce-to-take-off-in-2012-800674720/ What kind of year will 2012 be? Merchant Account 2011-12-30T16:49:23+00:00 http://www.pivotalpayments.com/ca/industry-news/large-firms-investing-in-tablet-computers-more-than-smbs-800673668/ http://www.pivotalpayments.com/ca/industry-news/large-firms-investing-in-tablet-computers-more-than-smbs-800673668/ Mobile devices continue to assert a more powerful role as business tools. Merchant Account 2011-12-29T17:28:52+00:00 http://www.pivotalpayments.com/ca/industry-news/consumer-spending-up-41-percent-this-holiday-season-800673658/ http://www.pivotalpayments.com/ca/industry-news/consumer-spending-up-41-percent-this-holiday-season-800673658/ This year, consumer holiday spending seemed to be polarized between Thanksgiving weekend and the week before Christmas, with a relatively large "sales gap" in between. Credit Card Processing 2011-12-29T17:27:01+00:00 http://www.pivotalpayments.com/ca/industry-news/ecommerce-sales-during-holiday-season-reach-highest-level-ever-800672493/ http://www.pivotalpayments.com/ca/industry-news/ecommerce-sales-during-holiday-season-reach-highest-level-ever-800672493/ Total online sales reached a record $35.3 billion during this year's holiday shopping season, according to data released Wednesday by analytics firm comScore. Online sales through the 56-day November-December period were up 15 percent from the same period last year. Merchant Account 2011-12-28T17:15:34+00:00 http://www.pivotalpayments.com/ca/industry-news/2012-not-the-year-of-the-mobile-payment-revolution-but-an-important-step-800671251/ http://www.pivotalpayments.com/ca/industry-news/2012-not-the-year-of-the-mobile-payment-revolution-but-an-important-step-800671251/ A recent survey by consulting firm KPMG found roughly half of finance and technology industry executives expect mobile payment services and devices to be mainstream by 2013. Merchant Account 2011-12-27T16:43:04+00:00 http://www.pivotalpayments.com/ca/industry-news/ecommerce-payment-landscape-continues-to-evolve-800671244/ http://www.pivotalpayments.com/ca/industry-news/ecommerce-payment-landscape-continues-to-evolve-800671244/ The ecommerce landscape is constantly changing. With the advent of new devices such as mobile payment, smartphones and tablet computers, consumers are offered a variety of new options for purchasing goods and making payments online. Merchant Account 2011-12-27T16:41:35+00:00 http://www.pivotalpayments.com/ca/industry-news/november-consumer-spending-tepid-ahead-of-lastminute-holiday-shopping-800670333/ http://www.pivotalpayments.com/ca/industry-news/november-consumer-spending-tepid-ahead-of-lastminute-holiday-shopping-800670333/ Consumer spending continued to improve in November, continuing three straight months of gains. Credit Card Processing 2011-12-23T16:08:00+00:00 http://www.pivotalpayments.com/ca/industry-news/index-of-consumer-sentiment-climbs-in-december-800669449/ http://www.pivotalpayments.com/ca/industry-news/index-of-consumer-sentiment-climbs-in-december-800669449/ Consumer confidence rose to the highest level in six months in December, reflecting a general uptick in business sentiment and U.S. economic activity. Merchant Account 2011-12-22T16:56:28+00:00 http://www.pivotalpayments.com/ca/industry-news/us-adults-optimistic-about-2012-finances-plan-to-reduce-debt-800668372/ http://www.pivotalpayments.com/ca/industry-news/us-adults-optimistic-about-2012-finances-plan-to-reduce-debt-800668372/ Americans are growing more confident in their respective financial situations, reflecting the sense of general improvement in the economic recovery through the fourth quarter. Credit Card Processing 2011-12-21T16:41:08+00:00 http://www.pivotalpayments.com/ca/industry-news/visa-more-than-threequarters-of-consumers-still-have-holiday-shopping-to-do-800667355/ http://www.pivotalpayments.com/ca/industry-news/visa-more-than-threequarters-of-consumers-still-have-holiday-shopping-to-do-800667355/ The holiday shopping season is far from over, even as retailers have enjoyed record online and Thanksgiving weekend sales figures. Credit Card Processing 2011-12-20T16:49:30+00:00 http://www.pivotalpayments.com/ca/industry-news/nrf-scales-up-forecast-for-holiday-shopping-sales-800666354/ http://www.pivotalpayments.com/ca/industry-news/nrf-scales-up-forecast-for-holiday-shopping-sales-800666354/ Retailers may enjoy even more sales this holiday shopping season than originally projected, as the National Retail Federation has revised its holiday sales forecast in light of a strong showing so far this season. Merchant Account 2011-12-19T17:05:53+00:00 http://www.pivotalpayments.com/ca/industry-news/san-francisco-to-install-more-than-30000-nfcenabled-parking-meters-800664353/ http://www.pivotalpayments.com/ca/industry-news/san-francisco-to-install-more-than-30000-nfcenabled-parking-meters-800664353/ Finding parking in San Francisco may have gotten a bit easier - or at least more convenient. Point-of-Sale Terminals 2011-12-15T16:35:40+00:00 http://www.pivotalpayments.com/ca/industry-news/all-50-states-see-drop-in-credit-card-debt-in-november-800663375/ http://www.pivotalpayments.com/ca/industry-news/all-50-states-see-drop-in-credit-card-debt-in-november-800663375/ While credit card processing and transaction volumes have been on the rise in recent months, consumers have also been scaling back the amount of debt they're willing to incur. Credit Card Processing 2011-12-14T17:05:30+00:00 http://www.pivotalpayments.com/ca/industry-news/merchants-should-expect-a-wave-of-lastminute-holiday-shoppers-800662278/ http://www.pivotalpayments.com/ca/industry-news/merchants-should-expect-a-wave-of-lastminute-holiday-shoppers-800662278/ While the busiest consumer shopping weekend of the year may be over, the holiday shopping season is far from it. Credit Card Processing 2011-12-13T16:55:58+00:00 http://www.pivotalpayments.com/ca/industry-news/cfpb-toys-with-template-for-plain-english-credit-card-agreements-800661197/ http://www.pivotalpayments.com/ca/industry-news/cfpb-toys-with-template-for-plain-english-credit-card-agreements-800661197/ The fledgling U.S. Consumer Financial Protection Bureau is only beginning to get its regulatory feet off the ground. Credit Card Processing 2011-12-12T16:42:07+00:00 http://www.pivotalpayments.com/ca/industry-news/young-people-prefer-financial-services-to-handle-mobile-payments-800660243/ http://www.pivotalpayments.com/ca/industry-news/young-people-prefer-financial-services-to-handle-mobile-payments-800660243/ While a considerable slew of hostility has been directed at banks in recent months, young adults seem to trust financial institutions over other alternative payment providers when it comes to mobile payment services. Merchant Account 2011-12-09T16:25:00+00:00 http://www.pivotalpayments.com/ca/industry-news/mobile-payment-processing-offers-many-ways-to-build-trust-800657686/ http://www.pivotalpayments.com/ca/industry-news/mobile-payment-processing-offers-many-ways-to-build-trust-800657686/ Mobile credit card processing is more than just a convenient way for customers to make payments. For merchants, offering this service can help build trust with a client base and develop a reliable suite of services to customers, according to Finextra. Credit Card Processing 2011-12-06T21:03:33+00:00 http://www.pivotalpayments.com/ca/industry-news/tracking-spending-can-be-made-easy-with-credit-cards-800657674/ http://www.pivotalpayments.com/ca/industry-news/tracking-spending-can-be-made-easy-with-credit-cards-800657674/ Many people feel that plastic payment processing options can lead to overspending, but a recent article published by Forbes explains that making payments with credit cards is actually a great way to control costs and track expenses. Security and Fraud 2011-12-06T18:58:38+00:00 http://www.pivotalpayments.com/ca/industry-news/mobile-payments-help-drive-donations-this-holiday-season-800655384/ http://www.pivotalpayments.com/ca/industry-news/mobile-payments-help-drive-donations-this-holiday-season-800655384/ M-commerce and mobile payment services tend to focus on sales and consumer-based monetary transactions. Point-of-Sale Terminals 2011-12-02T17:14:21+00:00 http://www.pivotalpayments.com/ca/industry-news/credit-unions-enter-the-credit-card-processing-game-800654772/ http://www.pivotalpayments.com/ca/industry-news/credit-unions-enter-the-credit-card-processing-game-800654772/ A number of credit unions are getting involved in or re-entering the credit card processing market, as many customers are deserting big banks and turning to these financial institutions for their banking needs. Credit Card Processing 2011-12-02T10:42:00+00:00 http://www.pivotalpayments.com/ca/industry-news/more-shoppers-are-using-credit-cards-this-holiday-season-800654722/ http://www.pivotalpayments.com/ca/industry-news/more-shoppers-are-using-credit-cards-this-holiday-season-800654722/ The holiday shopping season is always an annual boon to retailers' bottom lines, as customers purchase gifts online and in stores across the country. Credit Card Processing 2011-12-02T09:18:50+00:00 http://www.pivotalpayments.com/ca/industry-news/wells-fargo-could-invest-in-private-label-credit-cards-800654327/ http://www.pivotalpayments.com/ca/industry-news/wells-fargo-could-invest-in-private-label-credit-cards-800654327/ Wells Fargo, the nation's second-largest bank, is considering moving further into the payment processing industry by offering private label credit cards, or plastic payment systems in the name of retailers. Credit Card Processing 2011-12-01T17:09:06+00:00 http://www.pivotalpayments.com/ca/industry-news/cyber-monday-sees-major-uptick-in-both-mobile-payment-and-online-shopping-800653203/ http://www.pivotalpayments.com/ca/industry-news/cyber-monday-sees-major-uptick-in-both-mobile-payment-and-online-shopping-800653203/ It may not come as a shock to hear the volume of mobile payment transactions was up considerably from last year, but it may be surprising to hear by how much. Point-of-Sale Terminals 2011-11-30T17:53:04+00:00 http://www.pivotalpayments.com/ca/industry-news/in-first-steps-cfpb-addresses-consumer-credit-card-complaints-800653198/ http://www.pivotalpayments.com/ca/industry-news/in-first-steps-cfpb-addresses-consumer-credit-card-complaints-800653198/ The recently established Consumer Financial Protection Bureau has not been without a considerable share of controversy. Credit Card Processing 2011-11-30T17:51:03+00:00 http://www.pivotalpayments.com/ca/industry-news/how-did-banks-reversal-of-debit-fees-affect-consumer-sentiment-800653162/ http://www.pivotalpayments.com/ca/industry-news/how-did-banks-reversal-of-debit-fees-affect-consumer-sentiment-800653162/ The public uproar that resulted from major banks' plans to begin charging customers for debit card use was palpable. Credit Card Processing 2011-11-30T17:41:19+00:00 http://www.pivotalpayments.com/ca/industry-news/will-tight-shopping-budgets-drive-consumers-to-use-cash-and-debit-800651600/ http://www.pivotalpayments.com/ca/industry-news/will-tight-shopping-budgets-drive-consumers-to-use-cash-and-debit-800651600/ More evidence seems to suggest that, although credit card use may soar in coming years, consumers will be opting for cash and debit this holiday shopping season. Credit Card Processing 2011-11-29T17:04:26+00:00 http://www.pivotalpayments.com/ca/industry-news/retailers-need-to-incorporate-payment-services-that-match-their-demographics-800651593/ http://www.pivotalpayments.com/ca/industry-news/retailers-need-to-incorporate-payment-services-that-match-their-demographics-800651593/ As new payment technologies and innovations continue to hit the market, consumers are demanding increasingly efficient and convenient purchasing options. Merchant Account 2011-11-29T17:02:25+00:00 http://www.pivotalpayments.com/ca/industry-news/cyber-monday-online-sales-up-33-percent-from-last-year-800651580/ http://www.pivotalpayments.com/ca/industry-news/cyber-monday-online-sales-up-33-percent-from-last-year-800651580/ As expected, online sales soared on Cyber Monday - the infamous workday after Thanksgiving weekend in which Americans have been prone to do most of their online shopping for the holiday season. Merchant Account 2011-11-29T16:59:16+00:00 http://www.pivotalpayments.com/ca/industry-news/starbucks-launches-mobile-payment-app-in-the-uk-800651570/ http://www.pivotalpayments.com/ca/industry-news/starbucks-launches-mobile-payment-app-in-the-uk-800651570/ Starbucks is looking to launch a mobile payments app for its branches in the U.K. Point-of-Sale Terminals 2011-11-29T16:57:55+00:00 http://www.pivotalpayments.com/ca/industry-news/americans-spent-52-billion-over-black-friday-weekend-800650731/ http://www.pivotalpayments.com/ca/industry-news/americans-spent-52-billion-over-black-friday-weekend-800650731/ Consumers took to stores and online shopping sites in droves the weekend after Thanksgiving, helping to drive more than $52 billion in retail sales and stave off fears of another market downturn. Merchant Account 2011-11-28T17:49:46+00:00 http://www.pivotalpayments.com/ca/industry-news/regulations-market-conditions-to-drive-credit-card-use-in-coming-years-800650720/ http://www.pivotalpayments.com/ca/industry-news/regulations-market-conditions-to-drive-credit-card-use-in-coming-years-800650720/ Retailers can expect to see a shift toward credit card use among their customers, as changing market conditions and new regulations have prompted many consumers to take on more debt. Credit Card Processing 2011-11-28T17:47:28+00:00 http://www.pivotalpayments.com/ca/industry-news/new-york-fed-credit-card-delinquencies-at-16year-low-800650686/ http://www.pivotalpayments.com/ca/industry-news/new-york-fed-credit-card-delinquencies-at-16year-low-800650686/ The Federal Reserve Bank of New York reported this week that credit card delinquency rates fell for the ninth consecutive quarter during the July-September period to reach the lowest percentage in more than 16 years. Credit Card Processing 2011-11-28T17:41:53+00:00 http://www.pivotalpayments.com/ca/industry-news/consumer-spending-sentiment-rose-in-october-800649379/ http://www.pivotalpayments.com/ca/industry-news/consumer-spending-sentiment-rose-in-october-800649379/ Perhaps in preparation for the coming holiday season, consumers increased their spending in October, although at a slower pace than economists had expected. Credit Card Processing 2011-11-25T08:00:00+00:00 http://www.pivotalpayments.com/ca/industry-news/tips-for-credit-card-financing-this-holiday-season-800649361/ http://www.pivotalpayments.com/ca/industry-news/tips-for-credit-card-financing-this-holiday-season-800649361/ While a recent Burst Media survey found consumers will opt mainly for debit- and cash-based transactions this holiday season, credit card use will still be in abundance. Credit Card Processing 2011-11-23T17:03:20+00:00 http://www.pivotalpayments.com/ca/industry-news/credit-card-processing-makes-city-parking-more-convenient-800648257/ http://www.pivotalpayments.com/ca/industry-news/credit-card-processing-makes-city-parking-more-convenient-800648257/ Parking at a meter used to mean scrounging through a purse, wallet or car compartment to find spare change, but some cities are now implementing parking meters that work through debit and credit card processing. Credit Card Processing 2011-11-22T17:36:41+00:00 http://www.pivotalpayments.com/ca/industry-news/google-to-merge-wallet-and-checkout-programs-800645841/ http://www.pivotalpayments.com/ca/industry-news/google-to-merge-wallet-and-checkout-programs-800645841/ In a move that may indicate a wider industry trend, Google is merging its dual Wallet and Checkout payment platforms. Merchant Account 2011-11-18T17:04:45+00:00 http://www.pivotalpayments.com/ca/industry-news/intel-mastercard-join-forces-on-online-payment-security-ventures-800645275/ http://www.pivotalpayments.com/ca/industry-news/intel-mastercard-join-forces-on-online-payment-security-ventures-800645275/ The mobile payments landscape continues to show itself as a uniquely collaborative one. Merchant Account 2011-11-18T09:47:38+00:00 http://www.pivotalpayments.com/ca/industry-news/credit-card-delinquency-rate-climbs-for-first-time-since-2009-800642635/ http://www.pivotalpayments.com/ca/industry-news/credit-card-delinquency-rate-climbs-for-first-time-since-2009-800642635/ Americans were delinquent on more credit card dues in the third quarter, suggesting consumers are still facing a string of financial challenges, despite dwindling credit card balances and debt resistance. Credit Card Processing 2011-11-15T16:53:12+00:00 http://www.pivotalpayments.com/ca/industry-news/the-mobile-landscape-is-a-complex-field-of-commerce-and-technology-800640549/ http://www.pivotalpayments.com/ca/industry-news/the-mobile-landscape-is-a-complex-field-of-commerce-and-technology-800640549/ The m-commerce space is something of a hot topic of late. Point-of-Sale Terminals 2011-11-11T17:10:59+00:00 http://www.pivotalpayments.com/ca/industry-news/mobile-payments-on-the-rise-800637309/ http://www.pivotalpayments.com/ca/industry-news/mobile-payments-on-the-rise-800637309/ It's only a matter of time before mobile payment processing becomes a day-to-day reality for consumers and merchants. In the next few years, the number of mobile payment transactions is projected to top hundreds of billions, according to new research from Pyramid. Credit Card Processing 2011-11-08T17:11:18+00:00 http://www.pivotalpayments.com/ca/industry-news/study-consumers-increasingly-willing-to-make-purchases-with-mobile-devices-800637211/ http://www.pivotalpayments.com/ca/industry-news/study-consumers-increasingly-willing-to-make-purchases-with-mobile-devices-800637211/ M-commerce is an increasingly broad concept, as it refers to any sort of financial action handled through mobile devices. Merchant Account 2011-11-08T16:47:13+00:00 http://www.pivotalpayments.com/ca/industry-news/will-frustration-with-banks-lead-to-mass-exodus-800635038/ http://www.pivotalpayments.com/ca/industry-news/will-frustration-with-banks-lead-to-mass-exodus-800635038/ Americans are increasingly fed up with large banks. Merchant Account 2011-11-04T14:40:52+00:00 http://www.pivotalpayments.com/ca/industry-news/the-future-of-emvenabled-credit-and-debit-cards-800633295/ http://www.pivotalpayments.com/ca/industry-news/the-future-of-emvenabled-credit-and-debit-cards-800633295/ The concept of "wave and pay" or "tap and go" will soon be a common part of the payment processing lexicon, as card issuers begin implementing EMV, a new data storage and communication technology. Credit Card Processing 2011-11-02T16:14:12+00:00 http://www.pivotalpayments.com/ca/industry-news/top-banks-reconsidering-new-debit-checking-fees-800633249/ http://www.pivotalpayments.com/ca/industry-news/top-banks-reconsidering-new-debit-checking-fees-800633249/ A number of banks are either rescinding on proposals for new debit card fees or establishing policies to firmly oppose such measures in the future. Credit Card Processing 2011-11-02T16:05:09+00:00 http://www.pivotalpayments.com/ca/industry-news/retailers-should-prepare-for-coming-shopping-surge-800630937/ http://www.pivotalpayments.com/ca/industry-news/retailers-should-prepare-for-coming-shopping-surge-800630937/ While consumers are expected to spend in droves this holiday season, the jury is out on exactly how much. Point-of-Sale Terminals 2011-10-31T16:06:59+00:00 http://www.pivotalpayments.com/ca/industry-news/survey-consumers-may-move-to-debit-cash-this-holiday-season-800629630/ http://www.pivotalpayments.com/ca/industry-news/survey-consumers-may-move-to-debit-cash-this-holiday-season-800629630/ Consumers may scale back on their use of credit cards this shopping season in favor of cash, debit or checks, according to a new survey by Burst Media. Credit Card Processing 2011-10-28T16:02:33+00:00 http://www.pivotalpayments.com/ca/industry-news/neiman-marcus-to-accept-visa-and-mastercard-payments-nationwide-800628655/ http://www.pivotalpayments.com/ca/industry-news/neiman-marcus-to-accept-visa-and-mastercard-payments-nationwide-800628655/ Customers at Neiman Marcus retail stores nationwide will now have more options when paying for their high-end fashions, thanks to the company's new arrangement with Visa and MasterCard to allow plastic payment processing. Credit Card Processing 2011-10-27T16:18:57+00:00 http://www.pivotalpayments.com/ca/industry-news/mobile-banking-taking-off-among-smartphone-tablet-users-800628485/ http://www.pivotalpayments.com/ca/industry-news/mobile-banking-taking-off-among-smartphone-tablet-users-800628485/ While the mobile payments space has been struggling to take off in recent months, mobile banking appears firmly embedded in the consumer landscape. Merchant Account 2011-10-27T15:47:29+00:00 http://www.pivotalpayments.com/ca/industry-news/consumers-demand-convenient-and-efficient-payment-options-800627438/ http://www.pivotalpayments.com/ca/industry-news/consumers-demand-convenient-and-efficient-payment-options-800627438/ Perhaps reflecting the evolving nature of the mobile commerce sector, consumers continue to prefer convenient and innovative payment procedures. Point-of-Sale Terminals 2011-10-26T15:45:08+00:00 http://www.pivotalpayments.com/ca/industry-news/how-to-channel-credit-toward-a-savvier-holiday-shopping-season-800626454/ http://www.pivotalpayments.com/ca/industry-news/how-to-channel-credit-toward-a-savvier-holiday-shopping-season-800626454/ In response to the nationwide credit crunch, credit card issuers have grown much more lax about distributing cards and are offering even more lucrative rewards. Credit Card Processing 2011-10-25T16:04:30+00:00 http://www.pivotalpayments.com/ca/industry-news/nfc-technology-not-yet-ready-to-take-over-pos-terminals-800626360/ http://www.pivotalpayments.com/ca/industry-news/nfc-technology-not-yet-ready-to-take-over-pos-terminals-800626360/ It seems that one of the major buzzwords floating around the payment processing industry is near field communication, or NFC. Point-of-Sale Terminals 2011-10-25T15:44:24+00:00 http://www.pivotalpayments.com/ca/industry-news/cash-expected-to-remain-popular-in-coming-years-800625389/ http://www.pivotalpayments.com/ca/industry-news/cash-expected-to-remain-popular-in-coming-years-800625389/ Even as the use of debt and credit as a payment method continues to soar - not to mention the anticipated explosion of mobile payment services - cash is expected to remain a popular resources in coming years. Credit Card Processing 2011-10-24T16:02:31+00:00 http://www.pivotalpayments.com/ca/industry-news/mobile-app-pays-customers-to-mystery-shop-800624321/ http://www.pivotalpayments.com/ca/industry-news/mobile-app-pays-customers-to-mystery-shop-800624321/ Mobile payment technology is merging with the market research space in an unexpected way: mystery shopping. Merchant Account 2011-10-21T15:55:37+00:00 http://www.pivotalpayments.com/ca/industry-news/late-payments-rise-among-small-and-large-firms-800622156/ http://www.pivotalpayments.com/ca/industry-news/late-payments-rise-among-small-and-large-firms-800622156/ Late payments have increased among all business types over the past year, according to a report released Tuesday by credit monitoring firm Experian. Merchant Account 2011-10-19T15:37:08+00:00 http://www.pivotalpayments.com/ca/industry-news/small-businesses-offered-new-credit-card-option-800620204/ http://www.pivotalpayments.com/ca/industry-news/small-businesses-offered-new-credit-card-option-800620204/ Capital One recently announced it will launch a brand-new credit card designed for small businesses that will offer more rewards for Main Street. Credit Card Processing 2011-10-17T21:35:47+00:00 http://www.pivotalpayments.com/ca/industry-news/translating-credit-card-offers-800619386/ http://www.pivotalpayments.com/ca/industry-news/translating-credit-card-offers-800619386/ Businesses and consumers alike receive a number of credit card offers in the mail every week, and each correspondence boasts a seemingly impressive list of benefits. Credit Card Processing 2011-10-14T21:17:30+00:00 http://www.pivotalpayments.com/ca/industry-news/small-businesses-benefit-from-credit-card-processing-800619209/ http://www.pivotalpayments.com/ca/industry-news/small-businesses-benefit-from-credit-card-processing-800619209/ In today's business world, it is imperative that merchants accept credit card payments, as most consumers carry a myriad of plastic payment methods in their wallets and many prefer to pay through credit or debit instead of cash. Credit Card Processing 2011-10-14T15:42:06+00:00 http://www.pivotalpayments.com/ca/industry-news/consumers-increasingly-redeem-credit-card-rewards-for-cash-800618308/ http://www.pivotalpayments.com/ca/industry-news/consumers-increasingly-redeem-credit-card-rewards-for-cash-800618308/ Merchants and consumers are still using credit cards, but today's economy has changed the way they access their credit card rewards, Time magazine reports. Credit Card Processing 2011-10-13T16:18:23+00:00 http://www.pivotalpayments.com/ca/industry-news/times-square-store-introduces-nfc-payment-capabilities-800618130/ http://www.pivotalpayments.com/ca/industry-news/times-square-store-introduces-nfc-payment-capabilities-800618130/ The flagship Times Square location of American Eagle Outfitters recently unveiled that it is now accepting transactions through Google Wallet, a system that allows purchases, coupons and loyalty points to be processed with a single tap, Near Field Communications World reports. Retail 2011-10-13T15:34:33+00:00 http://www.pivotalpayments.com/ca/industry-news/american-express-urges-partnerships-in-mobile-payments-market-800618121/ http://www.pivotalpayments.com/ca/industry-news/american-express-urges-partnerships-in-mobile-payments-market-800618121/ At a recent industry event, an American Express executive explained that more partnerships are necessary in order to make the mobile payments market a viable industry. Credit Card Processing 2011-10-13T15:31:49+00:00 http://www.pivotalpayments.com/ca/industry-news/the-art-of-deciding-on-a-merchant-account-800616025/ http://www.pivotalpayments.com/ca/industry-news/the-art-of-deciding-on-a-merchant-account-800616025/ In order to accept credit and debit card payments, a business owner must sign on to a merchant account with a payment processing company. Merchant Account 2011-10-11T21:28:20+00:00 http://www.pivotalpayments.com/ca/industry-news/dissecting-the-details-of-mobile-payments-800616041/ http://www.pivotalpayments.com/ca/industry-news/dissecting-the-details-of-mobile-payments-800616041/ The mobile payment market is growing exponentially and it is only a matter of time before this credit card processing system is a part of every person's daily life. Credit Card Processing 2011-10-11T15:06:05+00:00 http://www.pivotalpayments.com/ca/industry-news/keeping-business-bank-accounts-safe-and-secure-800616032/ http://www.pivotalpayments.com/ca/industry-news/keeping-business-bank-accounts-safe-and-secure-800616032/ The internet has provided consumers with many new and convenient ways to access their account information, but these advances have also created the need for thorough security measures. Security and Fraud 2011-10-11T14:59:19+00:00 http://www.pivotalpayments.com/ca/industry-news/personalized-payment-chips-get-fraud-prevention-upgrade-800615437/ http://www.pivotalpayments.com/ca/industry-news/personalized-payment-chips-get-fraud-prevention-upgrade-800615437/ Payment chips made by Fiserv will now be further personalized using the Europay MasterCard Visa (EMV) standards, a global credit card payments technology that helps prevent fraud from lost, stolen or counterfeit cards. Security and Fraud 2011-10-10T16:35:45+00:00 http://www.pivotalpayments.com/ca/industry-news/steve-jobs-legacy-in-the-credit-card-processing-industry-800614994/ http://www.pivotalpayments.com/ca/industry-news/steve-jobs-legacy-in-the-credit-card-processing-industry-800614994/ Most would agree that Steve Jobs had a massive impact on the world of technology during his life, which was cut short on October 5 by complications from pancreatic cancer. Credit Card Processing 2011-10-10T14:56:59+00:00 http://www.pivotalpayments.com/ca/industry-news/choosing-the-right-pointofsale-terminals-can-help-businesses-grow-800614956/ http://www.pivotalpayments.com/ca/industry-news/choosing-the-right-pointofsale-terminals-can-help-businesses-grow-800614956/ It is impossible to predict the future, particularly when everything seems to evolve and change so rapidly. Point-of-Sale Terminals 2011-10-10T14:30:06+00:00 http://www.pivotalpayments.com/ca/industry-news/city-mulls-credit-card-processing-for-residents-800614898/ http://www.pivotalpayments.com/ca/industry-news/city-mulls-credit-card-processing-for-residents-800614898/ Officials from the city of Concord, New Hampshire, are considering whether or not to allow residents to pay municipal bills and fees with credit cards, the Concord Monitor reports. Credit Card Processing 2011-10-10T13:34:07+00:00 http://www.pivotalpayments.com/ca/industry-news/merchants-must-still-process-checks-800614458/ http://www.pivotalpayments.com/ca/industry-news/merchants-must-still-process-checks-800614458/ Although an increasing number of consumers are paying with credit cards and mobile devices, and some still prefer to use the tried-and-true method of cash, there are others who pay with personal checks. Security and Fraud 2011-10-07T16:52:49+00:00 http://www.pivotalpayments.com/ca/industry-news/openloop-credit-cards-increasing-in-popularity-800614350/ http://www.pivotalpayments.com/ca/industry-news/openloop-credit-cards-increasing-in-popularity-800614350/ Prepaid gift cards have allowed customers to make purchases at specific stores with the ease of using a credit or debit card. Credit Card Processing 2011-10-07T16:25:56+00:00 http://www.pivotalpayments.com/ca/industry-news/citi-introduces-new-checking-account-fees-800612292/ http://www.pivotalpayments.com/ca/industry-news/citi-introduces-new-checking-account-fees-800612292/ Less than a week after Bank of America announced it will levy a $5 per month fee on debit card customers beginning next year, Citibank is throwing its own hat into the ring of new customer banking fees. Merchant Account 2011-10-05T16:17:48+00:00 http://www.pivotalpayments.com/ca/industry-news/lower-swipe-fees-improve-pos-benefits-800611487/ http://www.pivotalpayments.com/ca/industry-news/lower-swipe-fees-improve-pos-benefits-800611487/ Retailers using credit card machines are set to benefit from new Federal Reserve regulations that went into effect at the beginning of the month, the National Retail Federation asserts. Point-of-Sale Terminals 2011-10-04T17:26:40+00:00 http://www.pivotalpayments.com/ca/industry-news/mobile-payments-are-all-about-convenience-800611468/ http://www.pivotalpayments.com/ca/industry-news/mobile-payments-are-all-about-convenience-800611468/ With the recent release of Google Wallet, mobile payments have been all the buzz. However, as the Huffington Post recently reported, the new payment option is more about flexibility than anything else at this point. Credit Card Processing 2011-10-04T17:20:49+00:00 http://www.pivotalpayments.com/ca/industry-news/retailer-sees-the-benefits-of-pointofsale-terminals-800611429/ http://www.pivotalpayments.com/ca/industry-news/retailer-sees-the-benefits-of-pointofsale-terminals-800611429/ While the majority of businesses have made the switch to modern credit card machines, there are still some that use older methods of processing payments. Point-of-Sale Terminals 2011-10-04T17:09:02+00:00 http://www.pivotalpayments.com/ca/industry-news/hotel-groups-look-to-make-credit-card-processing-more-secure-800610155/ http://www.pivotalpayments.com/ca/industry-news/hotel-groups-look-to-make-credit-card-processing-more-secure-800610155/ Some of the world's major hotel groups have joined together to develop industry-wide security standards regarding handling credit card information. Services 2011-10-03T16:12:49+00:00 http://www.pivotalpayments.com/ca/industry-news/abi-nfc-payments-to-become-massmarket-by-2016-800610044/ http://www.pivotalpayments.com/ca/industry-news/abi-nfc-payments-to-become-massmarket-by-2016-800610044/ Near field communications is heralded by many experts as the single technology that will drive the mobile payments landscape over the next several years. Point-of-Sale Terminals 2011-10-03T15:48:45+00:00 http://www.pivotalpayments.com/ca/industry-news/credit-card-processing-overseas-a-challenge-for-us-tourists-800608962/ http://www.pivotalpayments.com/ca/industry-news/credit-card-processing-overseas-a-challenge-for-us-tourists-800608962/ The tools merchants in the U.S. have to process credit cards - and the cards themselves - are different from those widely used elsewhere in the world, and that is creating more of an issue for retailers and consumers everywhere. Credit Card Processing 2011-09-30T16:09:34+00:00 http://www.pivotalpayments.com/ca/industry-news/visa-launches-mobile-p2p-payments-800608951/ http://www.pivotalpayments.com/ca/industry-news/visa-launches-mobile-p2p-payments-800608951/ A major card company in Europe recently announced that its customers would soon have the ability to pay other people through their mobile phones. Credit Card Processing 2011-09-30T15:50:32+00:00 http://www.pivotalpayments.com/ca/industry-news/debit-card-fee-sparks-outrage-among-bank-of-america-customers-800608897/ http://www.pivotalpayments.com/ca/industry-news/debit-card-fee-sparks-outrage-among-bank-of-america-customers-800608897/ Thursday's announcement from Bank of America that it plans to initiate fees on debit cardholders was quick to elicit some hefty public outrage. Credit Card Processing 2011-09-30T15:47:08+00:00 http://www.pivotalpayments.com/ca/industry-news/2012-the-year-of-mobile-payments-800607747/ http://www.pivotalpayments.com/ca/industry-news/2012-the-year-of-mobile-payments-800607747/ Mobile payment: It's been discussed for years now. Point-of-Sale Terminals 2011-09-29T21:28:54+00:00 http://www.pivotalpayments.com/ca/industry-news/ensuring-customer-security-by-using-different-protection-methods-80060/ http://www.pivotalpayments.com/ca/industry-news/ensuring-customer-security-by-using-different-protection-methods-80060/ Most point-of-sale terminal vendors focus on a single credit card security strategy - adding encryption during the actual transaction. Security and Fraud 2011-09-29T21:17:58+00:00