by TScholl | Jan 28, 2016 | ACH Processing, Checks, Electronic Payments
The Paper Check is on its Last Leg as the Electronic Check Takes Over! You can pretty much say that the paper check’s days were numbered since October 28th 2003. On that date, the Check 21 Act was passed and it came into effect a year later in 2004. Before...
by TScholl | Nov 27, 2015 | Credit Card Processing, eCommerce, Electronic Payments
More Payment Options Mean More Sales for eCommerce Stores eCommerce businesses have been rolling out more and more ways for consumers to make payments for their purchases. It seems that if it is easier for consumers to pay for their purchases online, then they will...
by TScholl | Aug 7, 2015 | eCommerce, Electronic Payments
 What’s Next for PayPal? Finally, PayPal has split from eBay to become a single entity, which the former says had blocked its revenue potential and masked PayPal’s value. After the split, PayPal will face some tough challenges from strong competitors – Amazon...
by TScholl | Jun 18, 2015 | eCommerce, Electronic Payments, Industry Changes
EMV Will Lead the Way to Electronic Payments Security Come October 2015 and the much touted EMV liability shift will come into force. The liability shift will make issuers and merchants using non-EMV compliant devices liable for any fraudulent transactions made...
by TScholl | Jun 4, 2015 | eCommerce, Electronic Payments, hot news
Did Deceptive Advertising Cause PayPal to be Fined $25 million The Consumer Financial Protection Bureau (CFPB) has slapped PayPal with a fine of $25 million for allegedly illegally signing up customers to its credit service, without seeking their...
