David Heun

Expanding upon an existing partnership, cloud-based e-commerce provider Bigcommerce and mobile card acceptance provider Square Inc. will offer retailers a new way to manage inventory from physical and online stores.

E-commerce merchants aren't supposed to be directly affected by the U.S. shift to EMV-chip cards at the point of sale, but they will face several unintended consequences of the increase in payment card security.

It was expected that e-commerce giant PayPal would develop and complete new partnerships after its official spinoff from eBay Inc. last summer.

Like campaign managers at the end of a long election trail, top payments executives spent the final hours leading up to and shortly after the official EMV liability shift launch supporting the efforts of the past four years and providing the latest details on chip-card migration.

When major card networks revealed the EMV chip card liability shift timeline four years ago, the Merchant Advisory Group was quick to make its stance clear: A conversion to chip cards won't mean a thing without a PIN authorization to go with it.

When major card networks revealed the EMV chip card liability shift timeline four years ago, the Merchant Advisory Group was quick to make its stance clear: A conversion to chip cards won't mean a thing without a PIN authorization to go with it.

Knowing that fraudsters will target those unprepared to handle EMV chip cards when the liability shift takes place Oct. 1, payment processor Elavon has developed a data security package to protect small businesses.

Pushing for more businesses to convert to electronic payments rather than using paper checks, the Remittance Coalition plans to have a working model in place next month for a business-to-business payment directory and network.

The EMV chip card-enabled PayPal Here will be available in the U.S. on Sept. 30.

Many different data security technologies exist, but the payments industry “does not have what it needs for a global standard,” said Marianne Crowe, vice president of the Federal Reserve Bank of Boston.