Technology Tag

For the first time in modern society, the use of cashless payments has surpassed the use of cash by consumers, businesses and financial institutions. The Payments Council, an organization of financial institutions in the UK that oversees all payment mechanisms, reported the use of cash fell...

A Virtual Terminal is a secure payment website that a business can access from any standard web browser. When you have a payment to process, you login online to your dashboard and bill the customer for their transaction. The payment process is very secure and...

It’s the beginning of the NFC (near field communication) mobile payments era and consumers want the ability to pay with their mobile phones at stores or restaurants. In a recent survey of U.S. consumers, MasterCard found that many people are ready to change how they...

MasterCard PayPass and Visa payWave provide a “contactless” way to pay. It’s great for small purchases and moves you quickly through the checkout process at participating merchants. A simple tap of your card on the RFID card reader is all it takes to pay. To ensure...