Having launched programs on all sorts of payment networks, including Canada’s home grown Interac “PIN debit” system, Visa, MasterCard, Discover, and even Maestro in Europe, I can relate to both sides. It’s true, right now as EMV is not common place in the US yet, the cards are a bit more expensive, as are the … Continue reading
Category Archives: Payment Processing
Visa launches virtual debit card program in Japan
FinExtra reported late last week that Visa is launching a virtual debit card program in Japan. What is this exactly? It’s a credit card number, and all of the requisite security features to perform a transaction, but no plastic card. We’ve also seen this approach in programs like TPG Rewards’ “e-Movie Cash™” product. These products … Continue reading