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Table of Contents

Lead Story

Mobile privacy hot topic in Washington


Industry Update

Washington getting serious about cyber privacy

PCI DSS effectiveness questioned

Bling Nation may rise again

The Green Sheet gets resourceful


An interview with Trent Voigt

Ken Musante
Eureka Payments LLC

Research Rundown

Advisory board benefits

Selling Prepaid

Prepaid in brief

Prepaid scores in stadiums internationally

David Parker
Polymath Consulting Ltd.

Paying bills with gift cards


Data breaches renew privacy concerns

Patti Murphy
The Takoma Group


Street SmartsSM:
Timely tips for MLSs

Bill Pirtle
MPCT Publishing Co.

Will POS control solve merchant attrition?

Jerry Cibley
United Bank Card Inc.

Fraud, the conversation starter

Nicholas Cucci
Network Merchants Inc.

Counterintuitive selling

Dale S. Laszig
Castles Technology Co. Ltd.

Deciphering breach notification regulations

Tim Cranny
Panoptic Security Inc.

Company Profile

eProcessing Network LLC

Moneris Solutions Inc.

New Products

A button so smart, it connects the world

Alternative Payment Smart Button
2000Charge Inc.

Network security for small merchants

SecurityMetrics Vision
SecurityMetrics Inc.


What a difference a birth date makes


10 Years ago in
The Green Sheet


Resource Guide



2011 Calendar of events

A Bigger Thing

The Green Sheet Online Edition

June 27, 2011  •  Issue 11:06:02

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Research Rundown

May SpendTrend shows rise in credit card spending

First Data Corp.'s May 2011 SpendTrend report demonstrates a softer economy in May this year compared with May 2010. The report shows year-over-year volume growth in credit card spending was down 6.6 percent in May 2011, the lowest monthly growth so far this year; the year-over-year transaction growth of 5.5 percent is the slowest growth reported in the past year.

However, those who did use credit cards spent more. The study indicates credit card dollar volume growth rose by 8.8 percent. Credit card spending growth was larger than both PIN debit and signature debit spending in May.

"Higher-end consumers are utilizing credit and paying off the balances, while lower-end consumers are turning to credit to cover everyday expenses," the study reported. Buying increased 1.4 percent over the previous May. It was slightly higher than April 2011, and it was the largest increase in the rate of consumer spending so far this year. When gasoline costs are excluded, however, the average consumer purchase increased only 0.5 percent over the previous year, though every industry sector with the exception of restaurants and grocery stores saw a rise in spending.

First Data Information and Analytics Solutions Division Manager and Senior Vice President Silvio Tavares said, "Card spending growth slowed in May. High gas prices and stubbornly high unemployment constrained growth in most merchant categories."

First Data's SpendTrend follows credit card, signature debit, PIN debit and electronic benefit card same-store consumer spending trends in the United States.

For more on SpendTrend please visit:

April continues cycle of e-commerce gains

April continues cycle of e-commerce gains

Source: April 2011 MyBuys E-Commerce Wellness Index

"Securing information continues to challenge organizations at all levels, but the vast majority of these breaches are preventable. Organizations must not only protect the data itself wherever it is stored or used, but also create a culture of security including training, policies and actions."

- Francis deSouza, Senior Vice President, Enterprise Security Group, Symantec Corp.
Source: 2010 Annual Study: U.S. Cost of a Data Breach by Ponemon Institute for Symantec

Payments industry lookin' good

Merchant Acquiring, an Update: EMV, Interchange and Mobile Payments, a May 2011 report from Aite Group LLC, indicates top acquiring stakeholders believe the industry is on the rebound. Also, according to Aite Senior Analyst Adil Moussa, 80 percent of survey participants agree mobile POS solutions will "dramatically increase the number of businesses accepting cards over the next three to five years."

Mobile shopping continues to grow

More people are using smart phones to do business, stay connected and shop, a new JiWire Mobile Audience Insights Report stated. The study found 71 percent of consumers who own smart phones are using their devices to research purchases. Almost 20 percent of consumers with smart phones used them to research and then make purchases. Nearly 20 percent of consumers said they are comfortable using their smart phones to make purchases in excess of $500.

Teens, young adults like mobile payments

A survey by Kelton Research for MasterCard Worldwide found that 62 percent of U.S. mobile phone users surveyed would be willing to use smart phones to make purchases. Sixty-three percent of respondents ages 18 to 34 are ready to use mobile payments now; only 37 percent of those 35 and older said they are comfortable with mobile payments.

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

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Spotlight Innovators:

North American Bancard | USAePay | Board Studios