Posted on March 16, 2011

Visa and Cashedge

Visa is getting decent traction in Asia/ME in receiving VMT, problem is that there are no send capabilities, and the majority of banks are telling Visa to “pound sand” with their OCT transaction set mandate (see previous). Continue reading

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Square “Violations”

Issuer Top 4 reasons to decline Square

PABP/PCI compliance
Collection and use of ancillary customer information
Paper Signature requirement
Chase has all of the equity upside
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