Bank Innovation Blog Inspire Commerce Inc. had Spindle Inc. at hello. Well, almost. After serving on a panel discussion together at Bank Innovation 2012 in March, execs at the companies formed a business partnership this week that makes Spindle’s RhinoPay, a payment service platform, available for white-label through Inspire Commerce for end merchants to rebrand [...]
07
May
Press Release: Spindle to License Inspire Commerce’s .pay(TM) Brand
Strategic Relationship Gives Merchants and Consumers Greater Options for E-commerce and Mobile Commerce BOULDER, Colo., May 07, 2012 (BUSINESS WIRE) — Inspire Commerce, a Boulder-based credit card processing company, and makers of InspirePay, today announced that it will license its .pay(TM) brand of services to the payment systems provider Spindle, Inc. (SPDL.OB). “This agreement, [...]
03
May
Visa Fixed Acquirer Network Fee
Visa introduced the Fixed Acquirer Network Fee (FANF) in April 2012. The FANF is a monthly fee that is assessed on a merchant taxpayer basis and includes all merchant accounts owned by a business for credit card transaction processing. This fee can be quite confusing to figure out, so we will do our best to [...]
30
Apr
Study offers insight into rising mobile banking use
In line with the increase in mobile credit card payments and the rising number of merchants that accept mobile payments, a growing number of consumers are engaging in mobile banking. According to a recent survey by technology, outsourcing and consulting company Infosys, consumers appreciate the convenience and ease of using their mobile devices to carry out [...]
20
Apr
Visa Transaction Integrity Fee
Visa introduced the Transaction Integrity Fee (TIF) in April 2012. The TIF is $0.10 per transaction and will be assessed on debit and prepaid card transactions that do not qualify for Custom Payment Service (CPS). The TIF is charged in addition to the applicable interchange fee and discount rate. This means that regulated debit transactions [...]
25
Mar
Bank Innovation
Our CEO, Mark Fischer will be speaking at the 2012 Bank Innovation panel discussion: Separating Digital Wallet & Mobile Payment Fact from Fiction discussing: One wallet or multiple wallet platforms? What level of integration can we expect or is necessary? What’s out there now? What’s on the way? Where does NFC fit in? Loyalty, points, rewards [...]
07
Mar
2012 Carbon Fund Partner
We are proud to announce that we are a Carbon Fund Partner for 2012, helping in the fight against global warming.
03
Feb
Five Ways to Reduce eCommerce Costs
1. Minimize PCI compliance expenses Maintaining and validating PCI compliance is an expensive and time-consuming effort for most merchants. Merchants can reduce their PCI compliance burden by using a hosted checkout or payment page through their payment gateway for the collection and processing of sensitive information. In this scenario, an online customer is transparently transferred [...]
25
Jan
Understanding Interchange
Many merchants and merchant services providers are confused by interchange and its impact on the fees that merchants pay to accept credit and debit card payments. Many have heard the term “interchange” but are not quite sure what it is. In addition to interchange, the card associations – Visa, MasterCard and Discover – assess other [...]