David Heun

Interchange fees often take the spotlight in discussions about card acceptance costs, but they are just one of many factors in the increasingly complex system that determines the price merchants pay for taking plastic cards.

Square has taken its biggest shot yet at traditional payment terminal manufacturers with Square Stand, a new card reader built to house an iPad that can be used in place of a stationary point of sale terminal.

Prepaid cards have been at the heart of several data breaches in recent years because their traits can make them easier for fraudsters to exploit.

Prepaid cards have been at the heart of several data breaches in recent years because their traits can make them easier for fraudsters to exploit.

NorsePayments wants to make it harder for card thieves to perform fraudulent card-not-present transactions.

MasterCard delivered its biggest commitment to financial inclusion to date, announcing the rollout of 13 million smart cards that would also serve as national identity cards for Nigerians.

Southwest Airlines, Pacific Convenience & Fuels LLC, RaceTrac and Brinker International Inc. have joined the retailer-driven effort to establish a mobile wallet for merchants and consumers, the Irving, Texas-based MCX announced May 9. Brinker is the parent company of Chili’s Grill & Bar and Maggiano’s Little Italy.

Near Field Communication technology has many detractors, yet it continues to advance as a mobile payments instrument. Banks should thus view NFC as an opportunity to ensure they stay relevant to customers' payments, according to a new Celent report.

U.K. retail giant Marks & Spencer is claiming big results in emerging payments technology.

Prepaid card accounts have hit their stride as a viable option for banks to target consumers who are unhappy with traditional products, a Javelin Strategy and Research report says.

If they haven't already, retailers should begin getting a clearer picture of how to deploy a mobile wallet and loyalty program to their customers.

EBay's Magento e-commerce application for retailers has integrated Airtag software to allow those retailers to expand into mobile commerce.

Alaric Systems Ltd. will add myPinPad software to its card-not-present security offerings for payments service providers.

Revel Systems Inc. is launching a system that adds security to swiped card payments by displaying the accountholder's photo on its iPad-based point of sale terminal.

Gene Cornfield, chief marketing officer for digital gift card provider CashStar Inc., recently sat down with PaymentsSource to discuss how Starbucks, Apple and other companies are setting the tone for the next developments in mobile commerce.

Google announced this week a partnership with Equity Bank in Kenya to offer a Near Field Communication-based prepaid card for bus travelers.

Consumers in Iceland will soon have access to contactless payment technology using Visa cards or smartphones.

ControlScan Inc. says it has developed a way to eliminate the technology and security challenges merchants face when trying to expand into mobile or online commerce.

Heartland Payment Systems Inc.'s executive chairman and CEO, Robert Carr, leaves little doubt as to where he sees his company's mobile pay future heading — attached to the wagon of mobile-payment pioneers such as LevelUp.

E-commerce company LivingSocial revealed last week it endured a data breach in which attackers accessed its users' encrypted passwords. And even though no payment data was exposed, cardholders should still be concerned.