ReleaseWire Connect

Netcom PaySystem, a well-known provider in the merchant payment service industry, is pleased to announce that it has recently partnered with a leading POS solutions provider, Mynt. This new partnership will allow Netcom PaySystem to offer merchants everything they need for Retail Point-of-Sale! Designed to make merchant's life easy, the system comes with the all the items and services needed to process a transaction right out of the box!

Netcom PaySystem, a well-known provider in the merchant payment service industry, is pleased to announce that it has recently partnered with a leading POS solutions provider, NCR Silver. This new partnership will allow Netcom PaySystem to offer merchants everything they need for Retail Point-of-Sale!

Netcom PaySystem, an Independent Sales Organization/Merchant Service Provider involved in the bankcard arena is pleased to announce BankFlex. Netcom's "BankFlex" Program offers the ability to say "Yes" to all merchants who need services. Our solutions provide banks customers with many options for accepting payments, including all major credit cards, checks, and NFC-ready phones. This EMV-ready terminal will reduce liability for fraudulent transactions and keep merchants up to date with payment-processing requirements.

For past few years, China and the US, have been increasing the shipment of EMV chip cards but are now are starting to slow down.

Over a year ago, a Visa Ready program from Visa Inc. has expanded, allowing tokenized payments in a large range of devices with internet connection. On Thursday, Visa Inc. continued the plan, surprisingly deciding to collaborate with IBM Corp., allowing the payments to be done on any device ranging from smart watches to cars with an internet connection, effectively using IBM's Watson AI program.

Consumer credit card information has been compromised in one-fifth of the breaches that took place in 2016, a new record high number, Risk Based Security Inc. stated Wednesday.

The well-known Samsung app that allows a smartphone to function as a credit card on-the-go through NFC is increasingly becoming a larger payment alternative to many.

Earlier this month, a representative from Madison Square Garden revealed that there has in fact been an information breach that lasted almost a full year. Apparently, the victims were a number of customers who bought concessions in five of their locations. Needless to say, this has caused the media to be all over MSQ, to the point where a group of researchers has multiple suggestions for them to improve their security system. Believe it or not, one of these suggestions is to eliminate the magnetic bar on their EMV cards.

A grand total of 144 billion USD non-cash payments were made in 2015, which is a 5% increase from 2012.

Per Visa Inc., credit card transactions surpassed 800 million in November (which is more than four times as much as 2015, which was at 175 million).