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Welcome to TransactionWorld.com, delivering news and information relevant to ISOs and Merchant Service Providers.

We welcome information and press from sources offering useful and interesting industry specific information connected to business-to-business transactions, payment processing, and merchant services.

What are Cell Phone Credit Cards and “Contactless” Payment?

Last week it was announced that AT&T and Verizon Wireless the biggest U.S. mobile carriers, are teaming up with Discover Card in an effort to offer mobile, contactless payment processing in the U.S. With the new technology in place, customers would …

Verizon and ATT to Offer Mobile Credit Via Discover Card

This week Bloomberg reported that Verizon and AT&T are planning to launch a program jointly with Discover Financial Services which will enable U.S. consumers to pay for transactions by “swiping” their mobile phones rather than scanning the classic credit card.

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How Will the New Credit Card Act Affect ISO’s?

On July 21st, President Obama signed into law the hotly debated Restoring American Financial Stability Act of 2010. One of the key provisions in the new legislation relavant to the payment processing industry is the proposed cap on …

BancTec enters Polish market with SkanSerwis agreement

London, Dec. 17, 2009 — BancTec, Inc., a global provider of advanced, high-volume, document and payment processing solutions and services, has entered the Polish market through a new distribution agreement signed with SkanSerwis, a Warsaw-based provider of scanning solutions and …

Microfinance Information Exchange relaunches Web site

Washington, Dec. 21, 2009 — The Microfinance Information Exchange, Inc. (MIX) announced the re-launch of MIX Market (www.mixmarket.org ), the global platform for microfinance data, analytics and business information. The website was redesigned and the underlying database rebuilt to allow …