Month: February 2019

MasterCard and Doconomy Launch A Green Mobile Banking Option

In light of global climate changes, Doconomy and MasterCard are working on a mobile banking service. This will change the face of credit card processing and payment processing. By engaging in this free service, users will be supporting the offsetting of carbon. They will no longer leave as many CO2 footprints in their wake. New …

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Credit Card Networks Could Make Shopping More Expensive in the Near Future

The three largest credit card processing networks are preparing to increase their fees later this year, and this action could trigger a domino effect affecting banks, merchants and consumers. A report published by the Wall Street Journal on February 15 indicates that the increase could happen as early as April 2019, and it will be …

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What Is Tokenization?

Tokenization is an important security feature in payment processing. Designed to protect sensitive payment information, tokenization allows merchants to keep credit card information within their payment system without concern while protecting customer information. This buzzword gets a lot of attention, especially when it comes to mobile payments, but many consumers and merchants aren’t sure exactly …

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Growth in Mobile Payments

The credit card processing landscape has gone through dramatic changes in the last decade and nowhere is this more apparent than in the world of mobile payments. While still viewed as more of a curiosity in some regions and only popular with younger people, reports show that the mobile payment marketplace is growing faster than …

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When To Get A Cash Advance

Everyone finds themselves struggling for cash sometimes. Unexpected expenses can wreak havoc on anyone’s finances. In an emergency situation, many people rely on a cash advance from their credit card. However, this can carry steep consequences at times. Many banks will charge users a fee to get cash from their credit card account. This is …

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