The Green Sheet Online Edition
December 12, 2009 • 09:12:01
10 Years ago in
The Green Sheet
E-commerce taking hold
Because of the great number of sales expected to originate online during the 1999 holiday season, Internet service professionals predicted the year would mark the business world's acceptance of electronic commerce. In doubt was whether virtual stores could offer the product selection of physical businesses.
SafeTpay's big idea
SafeTpay rolled out a service so e-commerce merchants could accept secure ATM card transactions via the Internet. Consumers initiated transactions using small, data-entry pads attached to personal computers. PIN numbers and financial data were encrypted in the process, and e-commerce merchants could enjoy card-present rates for transactions - if only consumers would sign up.
Checks sticking around
In his new book, Checks at the End of the 20th Century and Beyond, Paul H. Green contended that pundits predicting the swift demise of the check had overlooked consumers' strong interest in checks as a payment medium and the continuing reliance of U.S. commercial interests on checks. Checks then represented 45.2 percent of payments in the United States.
Whether you want to upgrade your POS offerings, find a payment gateway partner, bone up on fintech regs or PCI requirements, find an upcoming trade show, read about faster payments, or discover the latest innovations in merchant acquiring, The Green Sheet is the resource for you. Since 1983, we've helped empower and connect payments professionals, starting with the merchant level salespeople who bring tailored payment acceptance and digital commerce tools, along with a host of other business services to merchants across the globe. The Green Sheet Inc. is also a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals.
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