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Table of Contents

Lead Story

Card acquiring:
Banking's forgotten family member?


Industry Update

Smart phone, smart payment

Open-loop gift card issuers given reprieve

Congress hammers issuers, acquirers spared

Trustwave alerts hospitality sector


Conference on your desktop

MWAA, a focus on opportunities

PCI unlocks a treasure of security content

Acquiring by the numbers

Selling Prepaid

Prepaid in brief

Virtual card delivers instant rewards

Payroll card market opportunities beckon

Rate this market: African immigrants


VoIP not a secure option

Scott Henry

Bad things happen to good people

Biff Matthews
CardWare International


Street SmartsSM:
Trusty tips for terrific networking

Jon Perry and Vanessa Lang

Margin compression: It's in your hands

Jeff Fortney
Clearent LLC

Elegant e-mail marketing

Daniel Wadleigh
Marketing Consultant

Seven steps to a practical PCI program

Tim Cranny
Panoptic Security Inc.

Company Profile

Sterling Payment Technologies

New Products

Wi-Fi installation simplified


Automatic collections with RDC

Electric Check Processing Plus
CrossCheck Inc.

Comprehensive e-commerce platform

Universal Financial Systems Inc.


Strength in cooperation



Resource Guide


A Bigger Thing

The Green Sheet Online Edition

June 08, 2009  •  Issue 09:06:01

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Acquiring by the numbers

$900 billion
Worldwide bank revenues from payments, as estimated by McKinsey & Co.

$5 billion
MasterCard Worldwide's reported revenues for 2008

$2.043 trillion
Total value of credit and debit transactions reported by Visa Inc. for 2008

80 million
Approximate number of Americans considered to be "underserved" by the banking industry, according to Green Dot Corp.

28 percent
Share of people using check-cashing services who are also bank customers, as estimated by Aite Group LLC

Net "societal cost" of paying a $54.24 grocery tab by credit card, according to a study published in the Review of Network Economics, Vol. 5, Issue 2

Net societal cost of purchasing those same groceries with cash (Review of Network Economics)

Cost to the U.S. government to issue a check payment, according to the Financial Management Service of the U.S. Department of the Treasury

Cost to the U.S. government of issuing a payment by Direct Deposit (FMS)

$433 million
Estimated total of merchant discount fees paid by the U.S. government on a total of $27 billion in collections during fiscal year 2007, according to the General Accountability Office

$1 billion
Total bankcard interchange the retailing giant Wal-Mart Stores Inc. reported paying in 2008

16 percent
Increase in cost of card acceptance Home Depot U.S.A. Inc. said it has experienced since 2002

18 percent
Share of corporations hit by payment fraud in 2008 that were victims of frauds involving consumer credit or debit cards, according to a survey by the Association for Financial Professionals

70 percent
Share of U.S. consumers who said they make the majority of their purchases using debit cards (signature and PIN), according to Cardlytics Inc.

73.1 million
Active PayPal Inc. users worldwide, according to PayPal

$80 billion
Total value of payments PayPal expects to facilitate in 2009

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 | Impact Paysystems | Board Studios