Scheitern durch technik
January 7th, 2010 admin
[ Dave Birch ] An unexpected start to the year. With the Year 2000 well behind us, I hadn’t heard any technical experts warning us about the Year 2010. But there has been a Y2.01K bug. German banks computers think it is 2016. NO credit or ATM cards work! [From German banks computers think it is 2016. NO credit or ATM cards work! ] Card transactions in a number of countries failed because of some software that couldn’t handle …
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[ Dave Birch ] Never mind why, but I was reading about card surcharging in New Zealand. In particular, credit card transaction surcharging. Now, given my generally optimistic bent, I’m against this sort of surcharging, believing that the market should sort things out. Why pick on credit cards? Commerce Commission general counsel Peter Taylor...
[ Dave Birch ] A correspondent writes to point me to the new report from Federal Reserve Bank of Boston called ” Who Gains and Who Loses from Credit Card Payments? Theory and Calibrations “, hoping to infuriate me by quoting from the abstract, which says On average, each cash-‐‑using household pays $151 to card-‐‑using households...
Since June of 2008, all merchants accepting credit cards have been required to become PCI-DSS compliant. PCI-DSS is a security standard to help prevent and control loses from businesses losing card holder data, specifically credit card numbers. PCI-DSS compliance requires merchants to complete a self assessment security questionnaire, and complete...
[ Dave Birch ] So far as the commonly-discussed “next billion” consumers are concerned, the idea of some kind of universal payment card is vanishing. We’ve spent the last 50 years trying to make Visa, MasterCard, Amex and others into globally-accepted brands and I, like many other consumers, get off the plane anywhere on Earth and...
[ Dave Birch ] I got involved in an interesting discussion about photos as an authentication method at POS following on from Erin McCune ’s excellent reports from Payments 2010 discussing Facecash , amongst other things. Facecash displays a picture of the “card” holder at POS as an authentication mechanism, which sounds as if should...
[ Dave Birch ] Thanks to our friends at Payments News, I found myself reading a fascinating piece in the Federal Reserve Bank of Kansas Economic Review called ” Regulating Debit Cards: The Case for Ad Valorem Fees “. It says, in essence, that in the US most debit card transactions have a percentage fee (unlike, say, the UK where merchants...
Shop.org retail members are invited to join an NRF conference call on Thursday, August 12 , to learn about a new interchange or swipe fee law and what it means to their business. Two weeks ago, despite incredible amounts of money, pressure and effort by the banks and card industry, President Obama signed into law a financial reform bill that includes...
Shop.org retail members are invited to join an NRF conference call on Thursday, August 12 , to learn about a new interchange or swipe fee law and what it means to their business. Two weeks ago, despite incredible amounts of money, pressure and effort by the banks and card industry, President Obama signed into law a financial reform bill that includes...
[ Dave Birch ] Feza Tarhan is the Business Development, Rules and Regulations Director of the Turkish Interbank Card Center (BKM), which aims to improve the card payment system infrastructure for the benefit of all Turkish banks. She has built and led Interbank Card Center’s Trusted Service Manager role in the NFC Ecosystem in the past two years....
We were pretty amazed to hear in a March Shop.org Webinar that, in a recent year, fully 20% of eBags’ site sales were transacted using alternate forms of payment (i.e. not credit or debit cards). Talk about acquisition and conversion potential — given the right placement within the site, great marketing, and a fair bit of internal operational...
Related Tweets from Twitter
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ShawnHockeybuzz (Shawn Gates) : @HockeyLegends OR if it's this (http://tinyurl.com/29qwpwo) rather than an actual Kenora Thistles card from 1907 then $25-$50. #cards.. Updated : 2010-09-05T22:55:17Z | Reply | View Tweet |
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giftscotland (Gifts Scotland) : Gift Ideas Scotland #3: Daily Guidance From Your Angels: 365 Angelic Messages?: Oracle Cards http://amzn.to/b8zATM.. Updated : 2010-09-05T22:55:08Z | Reply | View Tweet |
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puunky (Garyson C. Collins) : @teamo_beyonce I was ironing now Im playing cards lol..you?.. Updated : 2010-09-05T22:55:03Z | Reply | View Tweet |
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bonitapplebumm (gabrielle ahhh) : I was so addicted to pokemon whn I was little. I committed my first sins for those cards smh.. Updated : 2010-09-05T22:55:02Z | Reply | View Tweet |
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JohnnyGargano (Johnny Gargano) : @Miss_Dani_Baby The FULL binder including 3, count em 3 Charizards and oodles of rare Japanese cards in my basement tend to agree with you... Updated : 2010-09-05T22:54:57Z | Reply | View Tweet |
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