With technology at the forefront of payments, its tempting for industry players to become so enamored with the gee-whiz factor of the next new thing that they forget their end usersthe consumers who make the payments. more »
As the trend continues toward smart terminals with integrated software for payments and other services, criminals seem likely to step up efforts to get their hands on a new treasure chest of data at the point of sale. more »
Merchant acquirers have faced disruption from a number of powerful new entrants to the market in recent years, including Square, Apple and Google. Now, a pro football team is getting into the game. more »
Apriva is integrating its payments gateway with software from a firm calledPOS on Cloud that performs backend functions that include inventory management, reporting, accounting and email marketing.
Andy Pitts, president of MLS Direct Network Inc., wasnt prepared for all the unexpected costsand headachesthat came along with becoming a full-fledged wholesale ISO.
Say goodbye to Merchant Warehouse and hello to Cayan, as the Boston-based ISO and technology provider changes its name to fit its changing business model.
The Electronic Transactions Association is bolstering its relationships with the nations four regional acquirer associations and with W.net, the organization that supports women in payments.
After spending 2014 digging out of a fiscal slump, Verifone is setting up for an aggressive product rollout in the year ahead as its recovery shifts into high gear
Payments innovation usually begins in Canada and moves to the U.S., but thats not the case for business-to-business payments, a category many ISOs overlook.
U.S. Bancorp is taking a fresh look at wearable technology and its potential for payments and other financial functions.
Debra Rossi of Wells Fargo is assuming the Electronic Transactions Association presidency as technology and new entrants are reshaping the acquiring business.
Many consumers finally have EMV cards or can access the same security through Apple Pays new mobile wallet. But will they change their habits?
Square is adding global support for its Register merchant services app, a move that enables the company to measure demand in new markets before investing in the distribution of its hardware and other services.
Swipely began promoting its services through ISOs, value-added resellers and other third parties about a year ago, and the channel now accounts for a third to a half of the company's new customers.
ISOs and lenders are recognizing that business lendings not a one-size-fits-all proposition, and they have come to rely on merchant cash advances for some businesses and merchant loans for others.
For payment technology developers, the stakes couldnt be higher as the FCC develops new rules that could support or eliminate net neutrality, a system in which web access is equal for most users, regardless of size.
Merchant cash advances work better for some merchants, while other merchants prefer business loans. Informed ISOs can help them make the choice.
The card networks have come under pressure to lower interchange rates in number of countries, providing ammunition for retailers demanding similar cost adjustments in the U.S.
LAS VEGASApple Pay and the card networks support is boosting tokenization as a security option for mobile payments, but fraud trends suggest an even more layered approach will be necessary.
Acquirers are encouraging vending-machine operators to add card and mobile electronic-payment acceptance, which could represent a whole new category of transactions.