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Payments Loop
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MasterCard and Visa Are Now Taking Action Against VPN Providers
Jul 5, 2013MasterCard and Visa are now taking action against VPN providers, according to Swedish payment provider Payson. Customers of Payson have apparently received an email stating that VPN services are no longer able to accept Visa or MasterCard ...
Tags: Payment Service, mastercard, visa
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The Founder of Liberty Reserve Has Been Arrested and Charged with Money Laundering
May 30, 2013The founder of Liberty Reserve, an online digital currency and payments system based in Costa Rica, has been arrested and charged with money laundering. Further reading Retailers looking to cut Visa and other 'middlemen' out of the ...
Tags: Payments System, Computer Products, software
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Google Has Announced The Closure of Google Checkout
May 22, 2013Google has announced the closure of Google Checkout, the online payment system used by small merchants, with users being given until 20 November to migrate to an alternative. Instead, Google will focus on Google Wallet, "a platform that ...
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The Traditional Structure Needs to Be Vastly Simplified
May 9, 2013The traditional structure by which payments are made in the UK needs to be vastly simplified, with retailers and other merchants dealing directly with customers' banks - not via "merchant acquirers" and other middlemen. The new structure ...
Tags: Payments Loop, Computer Products
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Target Can Offer Customers Discount Vouchers Over Social Networking Sites
May 9, 2013US retail giant Target is rolling out a system that can offer customers discount vouchers over social networking sites in a bid to lure them back into bricks-and-mortar stores. The systems enables people to select the deals marketed to ...
Tags: US Retailer, Computer Products
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