June 2012
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Jun 30 2012 - 5:13pm

According to the Canadian Heritage department of Canada's government, the statutory holiday of Canada Day is celebrated in honour of the nation's overall history and culture. It is the final holiday of the 11-day Celebrate Canada period, which also includes occasions such as National Aboriginal Day and Canadian Multiculturalism Day.

As a statutory holiday, it typically means...

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Jun 30 2012 - 1:20pm

The continually expanding presence of e-commerce in the business world has been beneficial not only to retail merchants themselves but also to firms that can work in tandem with an e-commerce company. Freshplum, a start-up analytics firm that aims to provide research and data assistance to web-based merchants, recently...

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Jun 29 2012 - 5:43pm

Credit cards and debit cards are used by a vast majority of consumers, and as such the majority of businesses are all but obliged to offer them as a payment processing method. However, for smaller retail merchants, such as convenience stores, drugstores, gas stations and similar establishments, heavy card use...

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Jun 29 2012 - 4:37pm

While Europay, MasterCard and Visa (EMV)-compliant chip technology for pos terminals and credit cards has developed a significant presence in many countries worldwide (including Canada), it has not gained ground in the United States. However, that may soon change.

According to Finextra, new terminals that accept older magnetic-stripe credit cards and debit cards as well as new EMV-...

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Jun 28 2012 - 5:46pm

The wide range of applications available as a result of mobile devices, particularly smartphones, is only becoming wider with time. New functions for such technologies are being developed constantly, and payment processing exemplifies one of the applications that has developed a particularly strong presence in...

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Jun 28 2012 - 4:43pm

The credit card industry as well as the overall payment processing sector have shown notable growth in recent weeks. According to Uncommon Wisdom, as of June 22, the stock prices of card companies including American Express, Visa and MasterCard have been rising.

This trend also extends to the field...

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Jun 28 2012 - 4:43pm

Transaction processing security is one of the utmost concerns of any business, particularly among merchants in the retail industry. Credit card fraud can be a significant threat to that security, and as such businesses often go to great lengths to institute protective measures against this type of crime.

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Jun 27 2012 - 5:02pm

For any business that is entirely or in part manifested as an e-commerce company, shipping can be thought of as nothing less than a major aspect of its operations. If shipping begins to develop systemic problems, a web-based retailer may lose credibility in the eyes of its customers, which can in turn negatively affect...

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Jun 26 2012 - 4:53pm

Throughout the financial sector, and specifically within the field of payment processing, transaction processing security is a major concern. Consumers and businesses alike can become the target of fraudulent criminals if the...

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Jun 25 2012 - 4:43pm

Despite stalling job starts and a slightly turbulent economy, major credit card companies saw improvements in their customers payments, according to the Wall Street Journal. Capital One, Chase and American Express all reported declines in delinquent payments.

As opposed to what occured during the depths of the recession, these reports indicate the consumers are more on top of their...

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