Fraud Prevention for MerchantsAdvisory Council Member:
Chamber of Commerce
On The Web
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Tag Archives: Visa
Visa Outlines Plan to Recoup Revenue After Durbin
The card brands won’t let a little thing like Federal Legislation stand in the way of profit. A 40% gain wasn’t enough for them. Continue reading
Posted in greed, Interchange Fees, Payment Processors
Tagged Durbin Ammendment, Interchange Fees, Visa
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Visa Creates Another Fraud Monster
As if we didn’t have enough fraud problems, Visa is offering the carders another way to commit fraud. It’s all about “How many transactions can we do per second,” and the word secure isn’t in their vocabulary. Continue reading
Posted in credit card fraud, Data Breach, fraud, fraud trends, identity theft
Tagged electronic payment, fraud trends, Google, Nokia, Visa
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Credit card quote of the week
In response to the growing number of complaints about interchange fees, Visa said that merchants don’t pay interchange fees. Really? Continue reading
Posted in e-Commerce, greed, Interchange Fees, merchant
Tagged Credit card, debit card, Interchange Fees, Visa
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Visa Doesn’t Like Merchants
Visa and MasterCard don’t like merchants and they spent a million and a half dollars in the second quarter of 2008 to prove it. Continue reading
Posted in credit card fraud, e-Commerce, greed, Interchange Fees, merchant
Tagged e-Commerce, Government, greed, Visa
6 Comments
Still Another Attempt to Prevent Credit Card Fraud
Over in Europe, Visa is developing yet another “milestone in fraud prevention” for which, they admit, “If the PIN can be recorded surreptitiously, the card will prove no more secure than its predecessors.” Yeah – so what’s the point? Continue reading