Friday, May 30, 2003
Visa, Philips team to promote 'contactless' credit card
Essentially they don't start a new thing, they just get along nicely for now:
The two global organizations have signed a Memorandum of Understanding (MOU) that outlines the scope of cooperation between the two companies. This agreement includes exploring the business requirements for secure payments utilizing contactless chip technology. Specifically, Philips and Visa are looking to identify joint business partners, such as hardware manufacturers and content providers, and to investigate developing business and technical models that meet their unique needs.
Posted by Simon on 7:39 PM | link
E-payments: what are they and what makes them different?
Posted by Simon on 7:28 PM | link
Paying for supervision
See also the webpage of the Ministry of Finance (in Dutch).
Posted by Simon on 7:24 PM | link
Wednesday, May 28, 2003
Chip and PIN - start in UK
In the Netherlands, we will also face the move from magstripe to chipcard in the future. And we will soon be able to hear firsthand about the first experiences in a talk on June 18th, by Anthony Pickup, programme manager for the co-operative group. The speech will be held during the conference: van strip naar chip, that takes place in Amsterdam.
Posted by Simon on 3:29 PM | link
Tuesday, May 27, 2003
Global mobile messaging revenues to double to $70 billion, says Analysys
The report forecasts:
-revenues growing from USD31 billion in 2002 (USD13 billion in Western Europe) to USD69 billion by 2007 (USD25 billion in Western Europe), provided that operators take immediate action to drive service growth and control cannibalisation of existing revenues,
-total messaging volumes, comprising SMS, MMS and mobile instant messaging/email, will quadruple from 670 billion in 2002 (131 billion in Western Europe) to 2600 billion in 2007 (607 billion in Western Europe).
Posted by Simon on 2:50 PM | link
Monday, May 26, 2003
Credit-cards: overview on tv
- there are 1,057 million debit-card payments in the Netherlands and 45 million credit-cards payments,
- the credit-card is quite useful for usage abroad / on travels and to administer/separate certain type of payments,
- credit-cards are expensive for the retailer, so acceptance will be limited to specific sectors.
See the tv-fragment here.
Posted by Simon on 12:51 PM | link
Thursday, May 22, 2003
More direct fees for payments...?
His statement should be viewed as the verbal version of the recent press release of the central bank, that explains that as of 2008, they will close down the remaining three cash-distribution agencies, to leave the distribution of cash in private hands. Also, DNB has announced that as of 2005 they will charge the banks the real cost for all the cash handling. Assuming that these will be recovered, we may expect new or increasing fees from banks.
Last time a similar debate took place in the Netherlands, coordinated action by banks and Ministry of Finance (actually Wim Kok, former prime Minister and socialist) resulted in the first wave of fees for business customers of banks (1988) and some private customers (1991-1994). It's going to be interesting to see how public and parliament will react this time.
Posted by Simon on 6:40 PM | link
Wednesday, May 21, 2003
Beenz revisited... welcome to eBay Anything Points!
Posted by Simon on 11:01 AM | link
Monday, May 19, 2003
Is it a phone..... or a credit-card ?
Dutch readers may want to read the E-merce version of the article.
Posted by Simon on 4:32 PM | link
One sheep over the fence...
Paycom Billing Services, a company that processes credit card and check transactions for online merchants, sued MasterCard International yesterday, asserting that MasterCard violated antitrust laws and charged excessive fees.
Posted by Simon on 4:19 PM | link
The inaugural speech Bart Jacobs
Posted by Simon on 10:17 AM | link
Tuesday, May 13, 2003
The race for mobile payments ..?
All in all we now see four types of companies in the mobile payment race. The payment service providers, the telco's themselves, the independent companies such as mobile2pay and moxmo and the banks. An interesting race it is.
Posted by Simon on 11:22 AM | link
IBAN: I Beg (for) A Number ?
Needless to say that, within 90 days before the EU regulation comes into effect, this company could improve its incoming payments by mentioning its IBAN to the consumer. So in my view, the IBAN could best be viewed as the acronym for I Beg for A Number. Both enterprises and consumers will soon be begging for these IBAN's and I assume we can expect more troubles coming from ill-implemented usage of the IBAN in the near future.
Dutch companies and consumers may discover their IBAN at this site.
Posted by Simon on 8:58 AM | link
Thursday, May 08, 2003
Legal protection of Conditional Access Services
Posted by Simon on 2:51 PM | link
Vodafone develops transaction enabler for the Internet
Posted by Simon on 8:18 AM | link
Tuesday, May 06, 2003
The Way 2 Pay
Posted by Simon on 8:57 AM | link
Monday, May 05, 2003
Visa and Mastercard settled in the Wal-Mart case
Visa and Mastercard did not await the legal ruling but decided to settle. They've agreed to pay money to the retailers, to lower fees and to allow merchants a choice. See:
- Visa's statement on the settlement,
- Mastercards' statement,
- the merchants' counsel press release,
- the New York Times' article,
- commentary by Arik Hesseldahl.
What still strikes me is the vagueness of the press releases by the cards organisations. But that may be due to the fact that there's no need to provide too much information, as that might have a negative impact on other cases/trials in the US or other parts of the world.
Posted by Simon on 5:15 PM | link
Students fraud campus-payment system
UPDATE: but some news at this site.
Posted by Simon on 4:35 PM | link
ABN AMRO reports earnings....
Taking out this sale, one may get the impression that ABN AMRO bank has gone a little too far in cutting cost and closing down branches. The bank has recently stopped providing its consumers with free envelopes to send in payment orders to the bank (actually a product feature that was introduced to compete with the state-owned PCGD-payment services in the 1980s). Also I hear repetitive stories of consumers that have to wait for quite some time in the limited number of remaining bank branches. Soo the operating costs may be lower, but perhaps this is too much at the expense of the customer.
Posted by Simon on 2:10 PM | link
Banks suffer income as a result of low intrest fees
Posted by Simon on 1:50 PM | link
NMa allows fee discount for Ahold
Posted by Simon on 1:29 PM | link
Survey shows German customers use Internet for money transfer, but not much more
Posted by Simon on 1:23 PM | link
Pre- or postpaid: it's about cost control
Posted by Simon on 1:18 PM | link
Oasis Pushes Global E-procurement Standardization
Posted by Simon on 12:32 PM | link
Friday, May 02, 2003
Pay with Visa on the Ramblas...
Posted by Simon on 4:55 PM | link
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