Online payments

AOC Solutions in Chantilly, Va., has launched Transact Global, a processing platform exclusively for digital payments among businesses that still rely on manual processing.

Allied Wallet, a London-based online payments processor, completed a payments gateway integration with Marco Fine Arts Inc., enabling the printing specialist’s customers to accept payments in 196 countries, the companies said April 11.

Many consumers still prefer to use cash when they owe someone else money. And plenty owe the Internal Revenue Service money at this time of year.

When JPMorgan Chase recently launched a new website, Gavin Michael, head of digital for consumer and community banking, credited much of the success and speed (it took 18 months) of the project to the bank's recent migration to agile development.

Card-not-present fraud is creating "silent revenue killers" for card issuers because many consumers will close their accounts after dealing with fraud from shopping online, new research indicates.

Amazon's new global partner program focuses on working with online platform providers and developers, similar to how mainstream payment technology companies work with independent sales organizations to reach new clients.

Amazon.com Inc.'s relaunch of its online payments business in 2013 was greeted with skepticism. PayPal Holdings Inc. had a huge head start and credit card companies like Visa Inc. already had products that made buying something on the Web as easy as swiping a card.

There's a certain type of payment that's prone to fraud because the payer doesn't always know when a transaction is made, or even when the relationship starts.

Sweden-based Klarna has racked up solid success in Europe over the past several years with its buy-now, pay-later online retail services, but to crack the U.S. market it's going back to the laboratory.

Bank of America now enables customers to directly enroll credit and debit cards in Visa Checkout within the bank’s online portal, simplifying the signup process for Visa’s streamlined e-commerce checkout service, the bank said March 30.