Payment Processing

post thumbnail

Paypal considering Verified by Visa

What happens when you introduce one of the most widely targeted brand names, i.e. Paypal, with yet another highly targeted brand name, i.e. Visa? Can anyone say Chernobyl?
Seems in an effort to combat fraud, Paypal is in the early stages of considering the use of Verified by Visa and MasterCard (NYSE MA) Secure Code to […]

13Feb2008 | Riley Poole | 10 comments | Continued
post thumbnail

eBay In Talks To Acquire Cybersource?

Frankly, one of the major issues surrounding eBay (NASDAQ EBAY) not including its lacking merchant interest is fraud. While just a rumor, some people suggest that eBay may want to take the plunge and purchase Cybersource (NASDAQ CYBS). As Cybersource would not only give eBay access to the largest risk management service online, it would […]

12Feb2008 | Riley Poole | 7 comments | Continued
post thumbnail

Google Adwords Chargeback Fraud?

It seems that fraud at Adwords has reached such epidemic proportions that Google (NASDAQ GOOG) has resorted to random calls to verify order activity. While Google would typically take the stance that a small amount of fraud is warranted when you consider the number of Google Adwords advertisers, it appears that this is no longer […]

11Feb2008 | Riley Poole | 16 comments | Continued
post thumbnail

Google Checkout A Ghost Town

In line with our prediction that nearly 90% of the transaction activity decreased from Google (NASDAQ GOOG) Checkout from a holiday high a year ago, The Google Checkout Merchant Forum is proof positive that the program is all but dead.
As Google struggles on many fronts, including its ailing stock price, there are many causalities including […]

10Feb2008 | Riley Poole | 14 comments | Continued
post thumbnail

“I’ll pay you in 21 days for a Hamburger today” says Paypal

eBay (NASDAQ EBAY) has really not been scoring points on the merchant front for the past few weeks. Ever since Meg decided to abandon the sinking ship, seems the entire business has been hurting, right down to the golden goose. The problem now, of course, is that many recent changes to their cash cow have […]

9Feb2008 | Riley Poole | 12 comments | Continued
post thumbnail

The Jig is Up, Guys!

Seems that a long kept secret is out. Seems like Wachovia (NYSE WB), Wells Fargo (NYSE WFC) and many other banks have gotten caught with their hands in the cookie jar. While banks have often been once removed from “illegal merchants” it seems regulators have wised up to the practice of looking the other way […]

8Feb2008 | Riley Poole | 6 comments | Continued
post thumbnail

The Perfect Scam

What happens when you mix credit card fraud and click fraud? You get the perfect scam. It seems fraudsters have been hard at work at milking Google (NASDAQ GOOG) and other PPC networks such as Microsoft AdCenter (NASDAQ MSFT) and Yahoo (NASDAQ YHOO) out of valuable click traffic but what’s most shocking is that these […]

30Jan2008 | Riley Poole | 10 comments | Continued
post thumbnail

Is Verified by Visa Toast?

Visa spent over $100MM in marketing and developing the service. In 2007, they fired the person in charge of the Verified by Visa Program and in 2008, they are going to push back on the program even further. While at one point over 100 service providers supported it, today fewer than 5 of them actively […]

30Jan2008 | Riley Poole | 6 comments | Continued
post thumbnail

Why Merchants Choose Amazon over eBay

Ironically, the reason merchants choose Amazon (NASDAQ AMZN) over eBay (NASDAQ EBAY) is the same reason merchants choose Paypal over a regular merchant account. Some people will tell you it’s the complex listing process which funny enough has become so bad it’s created many secondary companies over the years. Others will tell you it’s the […]

30Jan2008 | Riley Poole | 8 comments | Continued
post thumbnail

New Paypal Rules

Before the end of Q1-2008, Paypal will release its most aggressive buyer/seller protection policies to date. Over the past year, Paypal has experienced huge losses in the fraud arena and plans to combat this problem with the introduction of new front end screening tools at a cost to the end merchant in addition to a […]

24Jan2008 | Riley Poole | 22 comments | Continued
Older Entries

 Subscribe in a reader or Subscribe by Email