End user warn of SEPA Direct Debit failure

22 luglio, 2009

A report on SEPA SDD has been released yesterday by the End User Committee associations, which comprise:

  • the European Association of Corporate Treasurers (EACT);
  • the Confederation of European Business (BUSINESSEUROPE);
  • the European Association of Crafts and SMEs (UEAPME);
  • Bureau Européen des Unions de Consommateurs (BEUC);
  • EuroCommerce, the European wholesaler and retailer organisation;
  • the European insurance and reinsurance federation (CEA);
  • the European e-commerce and Mail Order Trade Association (EMOTA); and
  • the European Federation of Magazine Publishers (FAEP).

Read more on this blog post on the Financial Services Club Blog.

Filed under Banche | Tags: , , | Comment (0)

Facebook begins testing virtual payments system

2 giugno, 2009

 

Users who want to buy a GroupCard e-card through the company’s app are now offered the option of clicking on a “Pay with Facebook” button.

 

They then pay with their credits, worth 10 cents each. The currency can be bought – with a credit card – from the Facebook gift shop.

 

The testing comes after Facebook updated its payments terms and conditions on Wednesday to pave the way for the platform.

 

Facebook will take a cut of every transaction, potentially providing it with a significant revenue stream. The site currently has around 200 million users and more than 52,000 applications in its directory.

 

Letting customers make purchases with credits enables merchants to sell content for small amounts without being hit by prohibitive credit card transaction fees.

 

[Source: Finextra - 01 June 2009]

The currency could also break out of Facebook, being used for micropayments on a range of Web sites such as magazines and newspapers.

 

Earlier this month it emerged that the Wall Street Journal is planning to introduce micropayments for access to articles on its Web site later this year.

 

Filed under Banche, Social media | Tags: , , | Comment (0)