Ed McKinley

Independent sales organizations and agents can use automated clearing house and credit card data to identify the most likely prospects for transaction services.

Teaching legislators how electronic payments work could help protect the industry from unwise regulation, according to speakers at the Southeast Acquirers Association annual conference.

Independent ATM deployers worry about further reductions in interchange income, network mandates over accepting EMV cards and the possibility of another surge in lawsuits against them — this time over failing to comply with the Americans with Disabilities Act, according to a recent survey.

Atlas Payment Processing has been solidifying direct bank relationships over the last decade, both domestically and offshore, carving a niche in high-risk transactions. Now, Atlas is suggesting acquirers send such business their way instead of turning it down.

Elavon, a subsidiary of U.S. Bancorp, has acquired Collective Point of Sale Solutions Ltd in a deal that expands Elavon’s presence and distribution network in Canada and aligns with its global growth strategy.

After a frustrating year of knocking on doors, Sandra Young still couldn't persuade merchants to sign up for transaction services. She then decided to dedicate herself to a chore not many independent sales organizations or sales agent relish – convincing gas station owners and managers to accept card payments at the pump.

Numerous merchants don't realize their systems accept Discover, prompting the network to visit their stores in person to ask that the retailers stop turning down its cards.

Technology is moving so quickly that independent sales organizations are finding it difficult to remain relevant.

Priority Payment Systems LLC has signed up for payment processing services from TSYS, or Total System Services Inc.

As technology companies move into the payments industry, a Silicon Valley data company is providing tools intended to help old-school acquirers maintain market share.

The acquiring industry's established players are concerned about tech companies entering the business, but they're doing something about it – often by joining forces with the new kids.

Bancsource Inc. is handling first-line and second-line maintenance of International Bank of Commerce's 313 Diebold ATMs in Texas and Oklahoma.

Acquirers consider the Payment Card Industry data security standards slightly more important as a source of revenue than as an approach to security, new survey data indicates.

The ZingCheckout iPad application is now available on the App Store with integration for PaySaber Clip, a USAePay mobile point of sale product.

Madison Dearborn Partners is buying a minority stake in EVO Payments International LLC and helping to fund the acquirer's international expansion and other growth initiatives.

Merchant Warehouse has announced that Combase USA has been certified as an integrated partner with the Genius ITX Customer Engagement Platform.

vPromos Inc. and Merchants' Choice Payment Solutions is making vPromos' vPunc Rewards program available to more than 50,000 merchants across the country.

ISO Advance is offering residual cash advances ranging from $5,000 to more than $1 million with terms of six to 12 months.

Small businesses can initiate and manage international payments online with the help of a product from Sage Group PLC called Sage International Payments.

Voltage Security, an encryption vendor, is touting Voltage Secure Stateless Tokenization technology, which the company says provides merchants and payment processors with a new approach to protecting card data.