Monday, April 26, 2010

Alibaba Introduces PayPal on AliExpress



Alibaba.com Introduces Payment with PayPal on AliExpress

Alliance Makes It Easier for Small Businesses Around the World to Participate in Global Trade with AliExpress
http://www.paypal.comHONG KONG & SAN JOSE, Calif.--(EON: Enhanced Online News)--Alibaba.com Limited (SEHK:1688) (1688.HK), the world's leading small business e-commerce company, and PayPal today announced that PayPal will be offered on the AliExpress platform (www.aliexpress.com). In beta since September 10, 2009, and officially launched yesterday, AliExpress allows customers to tailor orders to the needs of their small businesses, offering smaller-quantity orders, instant online transactions, and an escrow service to protect buyers and sellers.
“At PayPal, we share Alibaba.com’s commitment of giving small businesses every tool they need to succeed, including the ability to conduct fast and safe online payments. For this reason, we couldn’t be more excited to be working with AliExpress.”
With this agreement, AliExpress merchants can now avail their customers with PayPal as a fast and secure payment option. Businesses will now be able to easily source goods through AliExpress using PayPal in their preferred local currency. PayPal is one of the leading online payment platforms in the world with more than 84 million active accounts and more than 8 million merchants in 190 markets and 24 currencies around the world.
The alliance will provide customers around the world with the convenience and protections that PayPal has built over its 12-year history, in addition to the escrow service offered on the AliExpress site.
“AliExpress is designed to help even the smallest businesses to be more competitive because they can offer customers more unique products, at better prices through the benefits to global trade,” said David Wei, CEO of Alibaba.com. “Our work with companies such as PayPal is crucial, because we want to make sure we are meeting the needs of our customers by making payment as fast, safe and easy as possible.”
“With millions of customers using PayPal in 190 global markets, when you offer PayPal, you open your business to the world," said Scott Thompson, president of PayPal. "At PayPal, we share Alibaba.com’s commitment of giving small businesses every tool they need to succeed, including the ability to conduct fast and safe online payments. For this reason, we couldn’t be more excited to be working with AliExpress.”
Alibaba.com launched a beta test of AliExpress in September 2009. Currently, there are more than three million listed products from more than 40 categories.
About Alibaba.com
Alibaba.com is the global leader in e-commerce for small businesses and the flagship company of Alibaba Group. Founded in 1999, Alibaba.com makes it easy for millions of buyers and suppliers around the world to do business online through three marketplaces: a global trade marketplace (www.alibaba.com) for importers and exporters, a Chinese marketplace (www.1688.com) for domestic trade in China, and, through an associated company, a Japanese marketplace (www.alibaba.co.jp) facilitating trade to and from Japan. Together, its marketplaces form a community of more than 47 million registered users from more than 240 countries and regions. Alibaba.com also offers business management software and Internet infrastructure services targeting small businesses across China and, through Ali-Institute, incubates e-commerce talent for Chinese small businesses. Founded in Hangzhou, China, Alibaba.com has offices in more than 60 cities across Greater China, Japan, Korea, Europe and the United States.
About PayPal
PayPal is the faster, safer way to pay and get paid online. The service allows members to send money without sharing financial information, with the flexibility to pay using their account balances, bank accounts, credit cards or promotional financing. With more than 84 million active accounts in 190 markets and 24 currencies around the world, PayPal enables global ecommerce. PayPal is an eBay company and is made up of three leading online payment services: the PayPal global payment service, the Payflow Gateway and Bill Me Later. The company's open payment platform, PayPal X, allows developers to build innovative payment applications on multiple platforms and devices. More information about the company can be found at https://www.paypal.com.
PayPal is headquartered in San Jose, California and its international headquarters is located in Singapore.

Contacts

Alibaba.com

Linda Kozlowski, +852 2215 5210 (Media Inquiries)

lkozlowski@hk.alibaba-inc.com

or

PayPal

Anuj Nayar, +1-408-967-5730 (Media Inquiries)

anayar@paypal.com
Permalink: http://eon.businesswire.com/news/eon/20100426007024/en


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Alibaba Introduces PayPal on AliExpress



Alibaba.com Introduces Payment with PayPal on AliExpress

Alliance Makes It Easier for Small Businesses Around the World to Participate in Global Trade with AliExpress
http://www.paypal.comHONG KONG & SAN JOSE, Calif.--(EON: Enhanced Online News)--Alibaba.com Limited (SEHK:1688) (1688.HK), the world's leading small business e-commerce company, and PayPal today announced that PayPal will be offered on the AliExpress platform (www.aliexpress.com). In beta since September 10, 2009, and officially launched yesterday, AliExpress allows customers to tailor orders to the needs of their small businesses, offering smaller-quantity orders, instant online transactions, and an escrow service to protect buyers and sellers.
“At PayPal, we share Alibaba.com’s commitment of giving small businesses every tool they need to succeed, including the ability to conduct fast and safe online payments. For this reason, we couldn’t be more excited to be working with AliExpress.”
With this agreement, AliExpress merchants can now avail their customers with PayPal as a fast and secure payment option. Businesses will now be able to easily source goods through AliExpress using PayPal in their preferred local currency. PayPal is one of the leading online payment platforms in the world with more than 84 million active accounts and more than 8 million merchants in 190 markets and 24 currencies around the world.
The alliance will provide customers around the world with the convenience and protections that PayPal has built over its 12-year history, in addition to the escrow service offered on the AliExpress site.
“AliExpress is designed to help even the smallest businesses to be more competitive because they can offer customers more unique products, at better prices through the benefits to global trade,” said David Wei, CEO of Alibaba.com. “Our work with companies such as PayPal is crucial, because we want to make sure we are meeting the needs of our customers by making payment as fast, safe and easy as possible.”
“With millions of customers using PayPal in 190 global markets, when you offer PayPal, you open your business to the world," said Scott Thompson, president of PayPal. "At PayPal, we share Alibaba.com’s commitment of giving small businesses every tool they need to succeed, including the ability to conduct fast and safe online payments. For this reason, we couldn’t be more excited to be working with AliExpress.”
Alibaba.com launched a beta test of AliExpress in September 2009. Currently, there are more than three million listed products from more than 40 categories.
About Alibaba.com
Alibaba.com is the global leader in e-commerce for small businesses and the flagship company of Alibaba Group. Founded in 1999, Alibaba.com makes it easy for millions of buyers and suppliers around the world to do business online through three marketplaces: a global trade marketplace (www.alibaba.com) for importers and exporters, a Chinese marketplace (www.1688.com) for domestic trade in China, and, through an associated company, a Japanese marketplace (www.alibaba.co.jp) facilitating trade to and from Japan. Together, its marketplaces form a community of more than 47 million registered users from more than 240 countries and regions. Alibaba.com also offers business management software and Internet infrastructure services targeting small businesses across China and, through Ali-Institute, incubates e-commerce talent for Chinese small businesses. Founded in Hangzhou, China, Alibaba.com has offices in more than 60 cities across Greater China, Japan, Korea, Europe and the United States.
About PayPal
PayPal is the faster, safer way to pay and get paid online. The service allows members to send money without sharing financial information, with the flexibility to pay using their account balances, bank accounts, credit cards or promotional financing. With more than 84 million active accounts in 190 markets and 24 currencies around the world, PayPal enables global ecommerce. PayPal is an eBay company and is made up of three leading online payment services: the PayPal global payment service, the Payflow Gateway and Bill Me Later. The company's open payment platform, PayPal X, allows developers to build innovative payment applications on multiple platforms and devices. More information about the company can be found at https://www.paypal.com.
PayPal is headquartered in San Jose, California and its international headquarters is located in Singapore.

Contacts

Alibaba.com

Linda Kozlowski, +852 2215 5210 (Media Inquiries)

lkozlowski@hk.alibaba-inc.com

or

PayPal

Anuj Nayar, +1-408-967-5730 (Media Inquiries)

anayar@paypal.com
Permalink: http://eon.businesswire.com/news/eon/20100426007024/en


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ROAM Data Wins ETA Technology Innovation Award for its ROAMpay Application




Roam Data Chooses HomeATM/BBPOS Technology for Secure

Card Present Transactions via Mobile Phones
ROAMpay allows merchants to securely accept credit cards on hundreds of different types of mobile phones…To make transactions even more convenient and secure, ROAM is also delivering ultra low cost card readers compatible across many of its supported devices enabling card present transactions.



 BOSTON
April 26 /PRNewswire/ -- ROAM Data (www.roamdata.com), an industry leader in mobile commerce solutions, announced today that it won the 2010 Technology Innovation Award (TIA) given by the Electronic Transactions Association's (ETA) Annual Meeting & Expo.   The award is given each year to a company whose creative use of technology significantly advances the payments industry as a whole.

"ETA's Awards and Recognition committee in conjunction with the ETA Technology Committee selected ROAM Data's ROAMpay because of its near universal applicability and because it is a market-ready product," said Del Baker, director of marketing for the ETA.
"It is a great honor to win the Technology Innovation Award this year," said Will Graylin, ROAM Data's founder and CEO.  "Our core competence is enabling secure and cost effective transactions between merchants and consumers in the complex mobile environment.  Our device agnostic solution maximizes reach to end-users and keeps them transacting regardless of what phone or carrier they are using now, or switch to later."   ROAM Data's success follows Graylin's other award-winning start-ups in the mobile and payment industry over the past decade.  In fact, Graylin has nurtured four high-tech companies since completing two masters degrees from MIT focused on mobile computing.  



HomeATM/BBPOS' CircleSwipe Technology Chosen by Roam Data
"ROAM Data embodies the forward thinking that is moving the industry to services that follow  merchants, providing greater flexibility to conveniently run their businesses while still maintaining the highest levels of security and confidence," said Chris Justice, president of Ingenico, N.A., a strategic partner with ROAM Data in the U.S.  
ROAM's patented technology enables not only secure POS applications on hundreds of different devices (smart phones, feature phones, PCs, Tablets, etc.), but also custom commerce applications for merchants to empower their mobile sales force/workforce, and even reach their best consumers on their own mobile phones.  To make transactions even more convenient and secure, ROAM is also delivering ultra low cost card readers compatible across many of its supported devices enabling card present transactions.  ROAM plans to deliver more innovations in the mobile commerce arena in the months to come.  
About ROAM Data
Headquartered in Boston, ROAM Data enables merchants to transact with their customers on mobile devices easily and securely.  ROAM's affordable and scalable commerce applications can run on hundreds of mobile phone models as easily as on one, and fall into two primary categories: 1) Merchants apps that turn mobile merchant's cell phones into POS terminals, for vendors, contractors, delivery staff to accept card payment, and for direct sales reps and mobile workforces to place orders, check inventory, enroll new recruits and more. 2) Consumer apps to shop and buy goods and services, do online banking, accept offers/coupons and more, all from the convenience of their own cell phones.
With ROAM's patented, device-agnostic platform, companies can reach up to 15 times more mobile users, and update their apps more than 20 times faster when compared to device-specific, static application approach, which require individual programming and certification for every mobile device type and for every application change. ROAM's full mCommerce services also include end-user app provisioning, rights management and alerts. Secure transactions are done through ROAM's PCI-certified payment gateway.  Visit us at www.roamdata.com.  
SOURCE ROAM Data


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ROAM Data Wins ETA Technology Innovation Award for its ROAMpay Application




Roam Data Chooses HomeATM/BBPOS Technology for Secure

Card Present Transactions via Mobile Phones
ROAMpay allows merchants to securely accept credit cards on hundreds of different types of mobile phones…To make transactions even more convenient and secure, ROAM is also delivering ultra low cost card readers compatible across many of its supported devices enabling card present transactions.



 BOSTON
April 26 /PRNewswire/ -- ROAM Data (www.roamdata.com), an industry leader in mobile commerce solutions, announced today that it won the 2010 Technology Innovation Award (TIA) given by the Electronic Transactions Association's (ETA) Annual Meeting & Expo.   The award is given each year to a company whose creative use of technology significantly advances the payments industry as a whole.

"ETA's Awards and Recognition committee in conjunction with the ETA Technology Committee selected ROAM Data's ROAMpay because of its near universal applicability and because it is a market-ready product," said Del Baker, director of marketing for the ETA.
"It is a great honor to win the Technology Innovation Award this year," said Will Graylin, ROAM Data's founder and CEO.  "Our core competence is enabling secure and cost effective transactions between merchants and consumers in the complex mobile environment.  Our device agnostic solution maximizes reach to end-users and keeps them transacting regardless of what phone or carrier they are using now, or switch to later."   ROAM Data's success follows Graylin's other award-winning start-ups in the mobile and payment industry over the past decade.  In fact, Graylin has nurtured four high-tech companies since completing two masters degrees from MIT focused on mobile computing.  



HomeATM/BBPOS' CircleSwipe Technology Chosen by Roam Data
"ROAM Data embodies the forward thinking that is moving the industry to services that follow  merchants, providing greater flexibility to conveniently run their businesses while still maintaining the highest levels of security and confidence," said Chris Justice, president of Ingenico, N.A., a strategic partner with ROAM Data in the U.S.  
ROAM's patented technology enables not only secure POS applications on hundreds of different devices (smart phones, feature phones, PCs, Tablets, etc.), but also custom commerce applications for merchants to empower their mobile sales force/workforce, and even reach their best consumers on their own mobile phones.  To make transactions even more convenient and secure, ROAM is also delivering ultra low cost card readers compatible across many of its supported devices enabling card present transactions.  ROAM plans to deliver more innovations in the mobile commerce arena in the months to come.  
About ROAM Data
Headquartered in Boston, ROAM Data enables merchants to transact with their customers on mobile devices easily and securely.  ROAM's affordable and scalable commerce applications can run on hundreds of mobile phone models as easily as on one, and fall into two primary categories: 1) Merchants apps that turn mobile merchant's cell phones into POS terminals, for vendors, contractors, delivery staff to accept card payment, and for direct sales reps and mobile workforces to place orders, check inventory, enroll new recruits and more. 2) Consumer apps to shop and buy goods and services, do online banking, accept offers/coupons and more, all from the convenience of their own cell phones.
With ROAM's patented, device-agnostic platform, companies can reach up to 15 times more mobile users, and update their apps more than 20 times faster when compared to device-specific, static application approach, which require individual programming and certification for every mobile device type and for every application change. ROAM's full mCommerce services also include end-user app provisioning, rights management and alerts. Secure transactions are done through ROAM's PCI-certified payment gateway.  Visit us at www.roamdata.com.  
SOURCE ROAM Data


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Survey Reveals Massive Incidence of Credit Card Fraud and Identity Theft

According to CreditMan.com, recently completed survey of 1000 commuters in London has found that a tidal wave of credit card fraud and Identity theft is sweeping the UK.



44 % of people said they have suffered from bank or credit card fraud and 42% have had their identity stolen. 




According to researchers from Infosecurity Europe, the number one dedicated Information security event which takes place at Earls Court, London this week, the average amount stolen was £1448 per person,(almost $2000 US) and...ready for this?  




 37% overall did not get their money back from the bank
.



Wow...that number seems (approximately) 37% higher than what banks and card companies would have you believe...



...as they continue to tell you it's okay to type a username/ password into a box on the bank's website, (after all, it's SSL encrypted and we all know how safe that "isn't" ...see related articles below) or type your credit/debit cards Primary Account Number (PAN) into boxes on internet retailers websites.



The place that people said that they were most likely to have their details stolen from was, "
online via websites" or email with a quarter (27%) saying that this was how they were duped...



So if you are of the mindset that you are financially protected by your bank when you become a victim of card fraud, (which is what will ultimately happen if you continue to "type" your card numbers into a box in a web browser) here are some numbers that will readily blow your mind(set).




Detailed breakdown of size of losses and likelihood of recovery are as follows:



13% of people had more than £5000 stolen with 1 in 10 not getting their money back from the bank



19% of people had between £1,001 to £5,000 stolen with a fifth not getting their money back from the bank



21% of people had between £501 to £1,000 stolen a third not getting their money back from the bank



12% of people had between £100 to £500 stolen with half not getting their money back from the bank



34% of people had less than £100 stolen with 56% not getting their money back from the bank 




Read More



Infosecurity Europe, visit
www.infosec.co.uk. The event takes place at Earls Court, London, from 27th–29th April 2010. For FREE entry and further information about Infosecurity Europe, visit the website and register today to avoid a £20 entrance charge.








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Survey Reveals Massive Incidence of Credit Card Fraud and Identity Theft

According to CreditMan.com, recently completed survey of 1000 commuters in London has found that a tidal wave of credit card fraud and Identity theft is sweeping the UK.



44 % of people said they have suffered from bank or credit card fraud and 42% have had their identity stolen. 




According to researchers from Infosecurity Europe, the number one dedicated Information security event which takes place at Earls Court, London this week, the average amount stolen was £1448 per person,(almost $2000 US) and...ready for this?  




 37% overall did not get their money back from the bank
.



Wow...that number seems (approximately) 37% higher than what banks and card companies would have you believe...



...as they continue to tell you it's okay to type a username/ password into a box on the bank's website, (after all, it's SSL encrypted and we all know how safe that "isn't" ...see related articles below) or type your credit/debit cards Primary Account Number (PAN) into boxes on internet retailers websites.



The place that people said that they were most likely to have their details stolen from was, "
online via websites" or email with a quarter (27%) saying that this was how they were duped...



So if you are of the mindset that you are financially protected by your bank when you become a victim of card fraud, (which is what will ultimately happen if you continue to "type" your card numbers into a box in a web browser) here are some numbers that will readily blow your mind(set).




Detailed breakdown of size of losses and likelihood of recovery are as follows:



13% of people had more than £5000 stolen with 1 in 10 not getting their money back from the bank



19% of people had between £1,001 to £5,000 stolen with a fifth not getting their money back from the bank



21% of people had between £501 to £1,000 stolen a third not getting their money back from the bank



12% of people had between £100 to £500 stolen with half not getting their money back from the bank



34% of people had less than £100 stolen with 56% not getting their money back from the bank 




Read More



Infosecurity Europe, visit
www.infosec.co.uk. The event takes place at Earls Court, London, from 27th–29th April 2010. For FREE entry and further information about Infosecurity Europe, visit the website and register today to avoid a £20 entrance charge.








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And the Password is...Swipe!

James Pope of the College of Business Administration, University of Toledo, Ohio, and Dieter Bartmann of the University of Regensburg, Germany, explain that the security of online financial transactions is becoming a problem, especially as security loopholes in login systems and web browsers emerge repeatedly.
Simply logging in with a password looks set to become technically passe.



'Passwords have been widely used because of their simplicity of implementation and use but are now regarded as providing minimal security,' the researchers say.



As repeated scare stories about hacking and identity theft pervade the media, consumers are becoming increasingly concerned about online security.



Further development of e-commerce and banking will be stifled if the issues of fraud and identity theft are not addressed, a University of Toledo release says.



The findings were published in the International Journal of Electronic Marketing and Retailing.
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And the Password is...Swipe!

James Pope of the College of Business Administration, University of Toledo, Ohio, and Dieter Bartmann of the University of Regensburg, Germany, explain that the security of online financial transactions is becoming a problem, especially as security loopholes in login systems and web browsers emerge repeatedly.
Simply logging in with a password looks set to become technically passe.



'Passwords have been widely used because of their simplicity of implementation and use but are now regarded as providing minimal security,' the researchers say.



As repeated scare stories about hacking and identity theft pervade the media, consumers are becoming increasingly concerned about online security.



Further development of e-commerce and banking will be stifled if the issues of fraud and identity theft are not addressed, a University of Toledo release says.



The findings were published in the International Journal of Electronic Marketing and Retailing.
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CHARGE Anywhere Completes Certification to Monerisr Enabling Mobile Payments in Canada and US







Written by CHARGE Anywhere, LLC   
Monday, 26 April 2010
 South Plainfield, NJ (April 26, 2010) - CHARGE Anywherer, a leading payment gateway provider and mobile payment software developer has completed certification to the Monerisr Solutions platform for payment processing in the US and Canada. 




CHARGE Anywherer and Monerisr Solutions, together, give merchants unparalleled options in payment processing in the United States and Canada. With CHARGE Anywhere's extensive suite of ten PCI PA DSS validated software solutions and the ComsGater Payment Card Industry (PCI) DSS Level 1 validated payment gateway, combined with real-time payments, and premier business services, the solution delivers the end-to-end, secure Point-of-Sale capabilities needed to take a business from neutral to overdrive.



CHARGE Anywherer's award-winning mobile payment solutions, integrated software and hardware solutions, secure payment gateway services and reporting services are the perfect complement to Moneris'r top-of-the-line point-of-sale solutions, online payment capabilities, loyalty program, PIN-pad solutions, and funding offerings.



"CHARGE Anywherer is very excited to complete our certification with Monerisr Solutions further expanding our services capabilities into Canada. This certification for credit, signature debit, PIN debit, and CHIP and PIN transactions will now empower our clients and merchants who need the flexibility of mobile phone payments, wireless terminal, web terminal and IP based payments in the US and Canada," says Paul Sabella, President & CEO of CHARGE Anywherer.



CHARGE Anywherer LLC's solutions are winners of the 2009 Best of Interop-PCI Security Solution Award, the 2009 Electronic Transaction Association Technology Innovation Award and the 2010 CTIA E-Tech Awards in the Mobile Applications - Mobile Payments Category.





About CHARGE Anywhere, LLC



CHARGE Anywherer is the developer of proprietary Payment Card Industry PA-DSS certified CHARGE Anywherer v2.0.0 Mobile Payment/POS software solution designed for use with QuickBooksr, Smartphones and POS Terminals, e-commerce, Web terminal and PCI DSS Level 1 compliant ComsGater Payment Gateway. CHARGE Anywherer LLC offers business partners and customers the most secure and robust selection of industry specific and customized payments solutions and services, including: IP/Wireless Payment Gateway, POS software, Encryption and Data Security Services, Closed Loop Card Management and Merchant Billing Services. For more information contact them at www.chargeanywhere.com, or (800) 211-1256.






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CHARGE Anywhere Completes Certification to Monerisr Enabling Mobile Payments in Canada and US







Written by CHARGE Anywhere, LLC   
Monday, 26 April 2010
 South Plainfield, NJ (April 26, 2010) - CHARGE Anywherer, a leading payment gateway provider and mobile payment software developer has completed certification to the Monerisr Solutions platform for payment processing in the US and Canada. 




CHARGE Anywherer and Monerisr Solutions, together, give merchants unparalleled options in payment processing in the United States and Canada. With CHARGE Anywhere's extensive suite of ten PCI PA DSS validated software solutions and the ComsGater Payment Card Industry (PCI) DSS Level 1 validated payment gateway, combined with real-time payments, and premier business services, the solution delivers the end-to-end, secure Point-of-Sale capabilities needed to take a business from neutral to overdrive.



CHARGE Anywherer's award-winning mobile payment solutions, integrated software and hardware solutions, secure payment gateway services and reporting services are the perfect complement to Moneris'r top-of-the-line point-of-sale solutions, online payment capabilities, loyalty program, PIN-pad solutions, and funding offerings.



"CHARGE Anywherer is very excited to complete our certification with Monerisr Solutions further expanding our services capabilities into Canada. This certification for credit, signature debit, PIN debit, and CHIP and PIN transactions will now empower our clients and merchants who need the flexibility of mobile phone payments, wireless terminal, web terminal and IP based payments in the US and Canada," says Paul Sabella, President & CEO of CHARGE Anywherer.



CHARGE Anywherer LLC's solutions are winners of the 2009 Best of Interop-PCI Security Solution Award, the 2009 Electronic Transaction Association Technology Innovation Award and the 2010 CTIA E-Tech Awards in the Mobile Applications - Mobile Payments Category.





About CHARGE Anywhere, LLC



CHARGE Anywherer is the developer of proprietary Payment Card Industry PA-DSS certified CHARGE Anywherer v2.0.0 Mobile Payment/POS software solution designed for use with QuickBooksr, Smartphones and POS Terminals, e-commerce, Web terminal and PCI DSS Level 1 compliant ComsGater Payment Gateway. CHARGE Anywherer LLC offers business partners and customers the most secure and robust selection of industry specific and customized payments solutions and services, including: IP/Wireless Payment Gateway, POS software, Encryption and Data Security Services, Closed Loop Card Management and Merchant Billing Services. For more information contact them at www.chargeanywhere.com, or (800) 211-1256.






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More on the Blippy "Blip"



Last week, Blippy, a Twitter for purchases, created quite a stir when it was revealed that the company had exposedthe credit card numbers of several users.

The company's co-founder, Philip Kaplan, sought to downplay the severity of the mistake but as more and more individuals cozy up to the growing number of services that encourage 'oversharing' of financial-related information online, a number of parties involved with commerce will be affected.
Here's how this could play out.

Credit Card Holders & Issuers

In attempting to reassure Blippy users that the company's faux pas was "a lot less bad than it looks", Blippy co-founder Philip Kaplan wrote:
While we take this very seriously and it is a headache for those involved, it’s important to remember that you’re never responsible if someone uses your credit card without your permission.  That’s why it’s okay to hand your credit card over to waiters, store clerks, and hundreds of other people who all have access to your credit card numbers.
Unfortunately, Kaplan apparently hasn't read a cardholder agreement lately. In practice, credit card issuers rarely hold their cardholders liable for purchases that are truly unauthorized. But that doesn't mean that they can't.




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Disqus for ePayment News