News & Events
According to a report released on August 12 and made by Forrester Research, more than three-quarters of companies are investing in new payment technologies, the report “Understanding the Evolving Payments Landscape” says that retail merchants and online businesses expect the way that consumers pay for goods to change relatively quickly with about half expecting to face increasing choices in payment offerings. At the same time, 61% of financial institutions and merchants believe that fraud will also increase.
Visa is aware of recent incidents in the U.S. in which criminals are committing fraud through processing fraudulent purchase return transactions. The fraud scheme involves cloned POS devices and funds are cashed out at ATMs after the purchase returns have been posted to the cards. The purpose of this Visa Security Alert is to provide clients with an understanding of the threat landscape and best practices for securing the environment.
ACH payments are electronic payments made through the Automated Clearing House network. Funds move from one bank account to another with the help of an intermediary that routes funds to the final destination. This type of payment can provide benefits for both merchants and consumer. They are inexpensive, they can be automated and record keeping is […]
Miramar, Florida United TranzActions (UTA), the leading provider of check guarantee services and electronic payment processing solutions, announced today that it has certified integration with Tempus Technologies, Inc., a leading electronic payment software provider, to support its industry-leading check guarantee service through the Tempus PaymentMate check processing interface. This certification will support the processing of Check Guarantee transactions for both scanned and manually entered checks.
