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View all news of iBill
Posted on October 11, 2010iBillnet: iBill is now processing all new accounts at 5.9% Start processing today. www.ibill.net
iBillnet: iBill is now processing all new accounts at 5.9% Start processing today. www.ibill.net
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View all news of ProPay
Posted on October 10, 2010ProPay PodCasts and VODCasts!!
ProPay is proud to announce that it is adding both voice (podcasts) and video (vodcoasts) to its suite of educational materials. The casts will be short clips related to relevant industry information. Topics will include many of the same topics you read on this blog. Examples include: PCI DSS topics, risk, [...]
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View all news of ProPay
Posted on October 8, 2010Compliance with PCI DSS…know the rules
I received an email today from a person who was understandably confused by the PCI DSS and what, if anything, they were required to do. Here are the rules and regs to help you comply. For more information please read the whitepaper The Compliance Spectrum. Brevity requires that I only hit the high points in [...]
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View all news of ProPay
Posted on October 6, 2010Data Security and Regulatory Sprawl
The term “data security regulation” often gives rise to visions of looming governmental specters, patrolling the payment transaction supply chain in search of hapless companies against which to undertake the dreaded enforcement action. For those that are not familiar with the process of regulation (i.e. how regulations are created, how they are enforced and similar [...]
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View all news of Skrill
Posted on October 5, 2010Plimus adds global online payment provider Moneybookers
Plimus Inc, the leader in complete, configured, and connected hosted e-Business solutions for selling online, announced today its cooperation with Moneybookers one of the largest international online payments systems. As part of this cooperation, thousands of Plimus sellers can offer end customers the option of securely purchasing digital products and services through Moneybookers. Moneybookers is [...]
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View all news of ProPay
Posted on October 4, 2010Wrong Acquirer = PCI Headaches
Today I was involved in an increasingly common and unfortunate situation. ProPay is an acquiring agent and also a third party service provider. One of our clients which is not a ProPay merchant is using a service of ours which removes all data from their environment and therefore removes the need to comply with all but one of [...]
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View all news of ProPay
Posted on October 4, 2010Self Aiming Sniper Rifle and Data Theives…
This weekend I was reading the news and came across a story that piqued my attention. The Defense Advanced Research Projects Agency (DARPA) is ready to deliver a “self aiming sniper rifle”. DARPA also happens to be one of the groups responsible for development of the Internet with their creation of ARPANet. I was reading [...]
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View all news of WebToPay
Posted on October 4, 2010Payment method through Swedbank has been changed
From 1 of October 2010 webtopay.com project replaces a payment method through Swedbank. Instructions on how to make a simple order for the taxpayer will not be placed like before, mostly for amounts higher than 166 litas. Also, the Bank Link service will not be used for standard banking services, although it is convenient, but expensive service.
[end_header]EVP International, JSC, which is trying to obtain a license for a payment institution this year, have used the operating principle of the most common payment system in Germany, at https://www.directebanking.com/. This system is already more than a year connected to the webtopay.com system and have approved, so it was decided to dispose the same system in Lithuania.The advantages of the system are:
1. It is possible to make a payment directly to the seller's bank account.
a. In this case, the seller does not pay any bank transfer taxes if the taxpayer is in the same bank.
b. Money appears on bank account without any delay on webtopay.com system.
2. In the absence of the Swedbank account or if you do not want to receive these funds directly, the service charge from webtopay.com side is minimal, compared with the payments made through other banks or by using Bank Link service.
3. The most important is that the user does not enter a payment data by hand, the seller will be informed immediately, as soon the money are retrieved from the buyer's account and the payment can no longer be withdrawn.The experience of German partners and statistics of use of the system shows, that in the presence of a reliable provider of services, security systems, the appropriate service, the method of payment is a recognized form of payment in the country. However, realizing that Lithuania is not Germany, we left the opportunity for the consumer to refuse the new payment method and choose the payment of a simple transfer in accordance with the instructions, so all can do a payment as they want.
Performance of the system follows: a safe system webtopay.com with the agreement of the customer use identification data for e-banking system forms the payment for the consumer and it is carried out. Throughout the process, the user is being informed of all the steps carried out by e-banking system, webtopay.com does not store any data of the user access to bank. This is being made using the bank's security standards with encrypted data transmission protocols.
Please be advised that customers, who wish to have the old payment method, using Swedbank provided "Bank Link" service, may sign a contract directly with the bank. Webtopay.com then may leave the technical solution that nothing should be programmed for the e-shop. The payment in this way will go directly to the client's bank account; a commission fee for this service will be paid directly to Swedbank. Swedbank has declared the standard conditions of 3% of the amount of payments.
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View all news of WebToPay
Posted on October 4, 2010Terms of provider services have been changed
The conditions of webtopay.com services have been changed fully.
[end_header]
The latest conditions are available at https://www.webtopay.com/terms_and_conditions_of_service.html and customers about important changes in the future will be informed by e-mail or on webtopay.com system.
We would like to mention the most important changes:
1. The pricing for the payment collection has been changed fully. We try to differentiate it according to the risk, and provide much more different steps, depending on the turnover. For detailed information about pricing, please visit: https://www.webtopay.com/payment_collection_service.html
2. The invoices writing method has been changed for micro-payments via SMS (IVR, mobile). From now on, the system automatically generates invoices, already generated bills should be involved in the accounting, so there will be no need to send the invoice to receive the payment.
The new prices for old customers will automatically be valid from the date of 2010-11-01, and for the new customers, who have not signed a contract yet, will effect from the date of 2010-10-01. -
View all news of Global Digital Pay
Posted on October 4, 2010Scheduled Maintenance on 04th October 2010.
We have to take the site down for a few minutes at 11.00 GMT on 04th October 2010.
