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    ACH

    News stories featuring ACH:

    US merchant groups call for creation of open tokenization standards

    August 1st, 2014

    Leading merchant groups in the US have come together to call for the creation of an alternative set of open standards for tokenized payments that would be managed by an independent body such as ISO or ANSI — rather than by the payments industry. More

    MasterCard fights back against new payments players with increased transaction fees for digital wallets that don’t share data

    March 20th, 2013

    The new fee is to be applied to “staged” digital and mobile wallets that provide a way for transactions to be charged to a customer’s credit card without any details about the purchase being passed on to the payments network. PayPal and Google Wallet as well as a number of other new market entrants are all expected to be affected but “traditional” NFC wallets will not.  More

    Call for contributions: New report on mobile payments and the future of merchant transaction fees

    November 26th, 2012

    The NFC World team has identified ten pressure points that suggest the arrival of mobile payments will result in a fundamental change in the overall cost of processing payments and the way in which merchants transaction fees are calculated — and we’d like to hear from anyone who is working on ways to use mobile technology to cut the cost of processing transactions at the point of sale. More

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