
ACH Direct 's feed: Everything ACH
Standard Entry Class (SEC) Codes: WEB
A WEB entry is a transaction for which the authorization is received via the Internet. WEB should only be used for Business to Consumer transactions and can only be debits; Single or Recurring. Authentication: Just like TEL transactions, WEB transactions require that the identification o...
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A WEB entry is a transaction for which the authorization is received via the Internet. WEB should only be used for Business to Consumer transactions and can only be debits; Single or Recurring. Authentication: Just like TEL transactions, WEB transactions require that the identification o...
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ACH Direct 's feed: Payment Industry Insights
Tokenization, Meet Account Updater
Written by Evan Schuman October 21st, 2009 - StorefrontBacktalk.com Some six years after both MasterCard and Visa enabled retailers to automatically update credit card information—a capability that many chains never opted to use—Cybersource on Monday (Oct. 19) said that it is automating th...
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Written by Evan Schuman October 21st, 2009 - StorefrontBacktalk.com Some six years after both MasterCard and Visa enabled retailers to automatically update credit card information—a capability that many chains never opted to use—Cybersource on Monday (Oct. 19) said that it is automating th...
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ACH Direct 's feed: Payment Industry Insights
Twitter co-founder's 'Square' comes into focus
by Caroline McCarthy - cnet news - October 17, 2009 Well, we finally have a glimpse at "Square," the new mobile payments venture coming from Twitter co-founder and chairman Jack Dorsey. As expected, it's a little hardware add-on that can turn an iPhone into a credit card ...reader. The funny part...
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by Caroline McCarthy - cnet news - October 17, 2009 Well, we finally have a glimpse at "Square," the new mobile payments venture coming from Twitter co-founder and chairman Jack Dorsey. As expected, it's a little hardware add-on that can turn an iPhone into a credit card ...reader. The funny part...
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ACH Direct 's feed: Everything ACH
Standard entry Class (SEC) Codes: POP
POP – Point of Purchase a.k.a. the Walmart experience I like to call POP the Walmart experience as I believe Walmart has been the single largest adopter of POP to date. If you want to experience POP for yourself, go to your local Walmart store and write a check. Here’s what will ...
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POP – Point of Purchase a.k.a. the Walmart experience I like to call POP the Walmart experience as I believe Walmart has been the single largest adopter of POP to date. If you want to experience POP for yourself, go to your local Walmart store and write a check. Here’s what will ...
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ACH Direct 's feed: Payment Industry Insights
An Inside Look at the Secret Service’s Battle to Hobble the Hackers
(October 20, 2009) The August indictments of three individuals allegedly responsible for the theft of 130 million credit and debit card numbers in the Heartland Payment Systems Inc. data breach made headlines across the world. Yet little attention is p...aid to the laborious investigative work need...
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(October 20, 2009) The August indictments of three individuals allegedly responsible for the theft of 130 million credit and debit card numbers in the Heartland Payment Systems Inc. data breach made headlines across the world. Yet little attention is p...aid to the laborious investigative work need...
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ACH Direct 's feed: Payment Industry Insights
Visa Pushes Back PIN Pad Fine Threat To 2012
Written by Evan Schuman - October 15th, 2009 - StorefrontBacktalk.com After some serious retail pushback—particularly in the gas station sector—Visa has relented and agreed to back off an earlier PIN pad compliance deadline originally set for July 1, 2010, some 7-and-a-half months away. The ...
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Written by Evan Schuman - October 15th, 2009 - StorefrontBacktalk.com After some serious retail pushback—particularly in the gas station sector—Visa has relented and agreed to back off an earlier PIN pad compliance deadline originally set for July 1, 2010, some 7-and-a-half months away. The ...
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ACH Direct 's feed: Payment Industry Insights
Consumers Say Thanksgiving Spending to Match Last Year Levels, Travel Plans Likely to Scale Back
American Express Spending & Saving Tracker Assesses Shifts in Consumers’ Holiday Spending NEW YORK--(BUSINESS WIRE)--With the holiday season almost upon us, a new survey from American Express (NYSE: AXP) reports that 30 p...ercent of U.S. consumers plan to adjust this year’s travel plans ...
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American Express Spending & Saving Tracker Assesses Shifts in Consumers’ Holiday Spending NEW YORK--(BUSINESS WIRE)--With the holiday season almost upon us, a new survey from American Express (NYSE: AXP) reports that 30 p...ercent of U.S. consumers plan to adjust this year’s travel plans ...
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ACH Direct
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ACH Direct 's feed: Payment Industry Insights
Bank of America pledges halt on credit card rate hikes
NEW YORK (AP) — Bank of America on Tuesday pledged not to hike credit card interest rates or fees before a new law intended to reform industry practices takes effect in February. Since most Bank of America (BAC) customers have variable rate cards, however, they could still see their interest r...
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NEW YORK (AP) — Bank of America on Tuesday pledged not to hike credit card interest rates or fees before a new law intended to reform industry practices takes effect in February. Since most Bank of America (BAC) customers have variable rate cards, however, they could still see their interest r...
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ACH Direct
Vote on your favorite CC Dude Halloween costume here.
http://apps.facebook.com/friendpolls/pol l_fbml.php?id=761&lbid=124752855450

ACH Direct 's feed: Everything ACH
TEL – Telephone Initiated Entries
A TEL entry is a transaction for which the authorization is received, orally, over the telephone. TEL should only be used for Business to Consumer transactions and can only be debits. Single, one-time debits to be specific. Authentication: Unlike most ACH entries, TEL transactions requ...
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A TEL entry is a transaction for which the authorization is received, orally, over the telephone. TEL should only be used for Business to Consumer transactions and can only be debits. Single, one-time debits to be specific. Authentication: Unlike most ACH entries, TEL transactions requ...
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ACH Direct 's feed: Payment Industry Insights
Offering Alternative Payment Options: 3 Questions to Ask
SUMMARY: Credit cards aren’t the only way for consumers to pay for online purchases. Should your site offer one or more of these alternate payment methods? Read this article for an introduction to the major types of alternative online payments. Includes an analysis of which options work best ...
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SUMMARY: Credit cards aren’t the only way for consumers to pay for online purchases. Should your site offer one or more of these alternate payment methods? Read this article for an introduction to the major types of alternative online payments. Includes an analysis of which options work best ...
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ACH Direct 's feed: Payment Industry Insights
Heartland Update: Judge to Hear Motions to Dismiss Class Action Suits
Attorney: Discovery is "the Biggest Battlefield" September 9, 2009 - Linda McGlasson, Managing Editor, BankInfoSecurity.com Preliminary legal hearings have begun in the class action suit against Heartland Payment Systems, the U.S.-based payments pro...cessor that was breached in 2008 More than 30...
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Attorney: Discovery is "the Biggest Battlefield" September 9, 2009 - Linda McGlasson, Managing Editor, BankInfoSecurity.com Preliminary legal hearings have begun in the class action suit against Heartland Payment Systems, the U.S.-based payments pro...cessor that was breached in 2008 More than 30...
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ACH Direct 's feed: Payment Industry Insights
Getting the Garden Ready: First Data and Mobile Payments at the Point of Sale
by Carol Coye Benson While the list of start-ups focused on mobile payments for digital content, eCommerce physical goods and/or person-to-person transfers continues to grow, another part of the industry is biding its time, with an eye on wha...t may be a much larger prize. (more)
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by Carol Coye Benson While the list of start-ups focused on mobile payments for digital content, eCommerce physical goods and/or person-to-person transfers continues to grow, another part of the industry is biding its time, with an eye on wha...t may be a much larger prize. (more)
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ACH Direct 's feed: Payment Industry Insights
Cynergy Data files for bankruptcy, to sell assets
Files for Chapter 11 protection in Delaware To sell all its assets through a court supervised auction Names ComVest Group 'stalking horse' bidder Sept 1 (Reuters) - Payments processor Cynergy Data LLC filed for Chapter 11 bankruptcy protection on Tuesday and said it has agreed to sell al...
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Files for Chapter 11 protection in Delaware To sell all its assets through a court supervised auction Names ComVest Group 'stalking horse' bidder Sept 1 (Reuters) - Payments processor Cynergy Data LLC filed for Chapter 11 bankruptcy protection on Tuesday and said it has agreed to sell al...
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