PayGlobe

[...] of Futurewei Technologies essentially saying what I said in Breach shows Credit Card based payment systems fundamentally broken: The use of a simple string of digits that must be shared with any [...]

[...] benefit of using the wallet. For background on the issues see Breach shows credit card based payment systems fundamentally broken. MasterCard fixes this by suggesting the use of a 3rd party Payment [...]

[...] the wave of Developer/Entrepreneurs that has grown in the last couple of years, where most payment systems are targeted at “suits” or small business owners. Right on their home page Stripe [...]

[...] either whos job it is to “to safeguard the nation’s financial infrastructure and payment systems to preserve the integrity of the economy”. FinCEN isn’t there to protect consumers [...]

[...] . It is a very long procedure. You also will need to be PCI compliant. Do you partner with a payment gateway? While we don’t partner specifically with a payment gateway, we currently integrate [...]

[...] token back to Payment Provider who sends the credit card information to the underlying payment gateway Merchant displays confirmation page This leaves a few unknowns such as an API for the [...]

[...] on this front. 3. No paperwork One of the biggest hurdles when signing up for a payment gateway is the piles of paperwork you need to go through. Companies like Braintree try to [...]

[...] and selected a card, the merchant uses the OAuth access token to request shipping and credit card information. This credit card information includes the full credit number, expiry date etc. As a [...]

[...] the first companies to mostly solve this problem, by redirecting to their site with the credit card information and receiving a token in place. This approach works, but many merchants did not like the [...]

[...] in an iframe using an additional parameter display=embed. This embed parameter tells the payment provider to format the page in such as way that it would work well in an iframe. Here is how it would [...]

[...] systems fundamentally broken. MasterCard fixes this by suggesting the use of a 3rd party Payment Provider who do their own tokenization. This still leaves the Credit Card numbers in multiple places [...]

[...] by Apr. 16th, BitInstant had integrated with us. How did you get the idea? Through my other Bitcoin businesses, I’ve often run into the issue of sending a customer Bitcoin when you don’t [...]

[...] big hurdle for most startups in the field and could potentially be so as well for Bitcoin businesses when Western Union and the banks start worrying and lobby the state governments to [...]

[...] As a continuation of my coverage of the new FinCEN guidelines for Bitcoin businesses I wanted to cover how it affects non US businesses. If your Bitcoin exchange busines is [...]

[...] they weren’t too happy about it. Monomi actually also has the option for not handling payments online. You can just talk to your customer and have them deposit the money in your bank account. We [...]

[...] Thomas Baekdal posted a great article we need to drastically simplify payments online that has received quite a bit of attention today. His proposal is to use an iframe to a third [...]

[...] numbers on their website and email it out to friends for group purchases of trips etc. Bitcoin While Bitcoin is still a miniscule part of the Danish payment market, the first Danish bitcoin exchange [...]