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Acquirers are encouraging vending-machine operators to add card and mobile electronic-payment acceptance, which could represent a whole new category of transactions.
November 10 -
The medical marijuana market once represented a new opportunity for merchant processors, but it dried up almost overnight when the major U.S. credit card networks more or less banned them from processing such sales — even in states where it is legal.
September 14 -
Some 470 7-Eleven Canada stores now host Cardtronics' Allpoint Network surcharge-free ATMs. This deployment extends the Allpoint network into Canada.
September 13 -
ShopKeep POS, a small independent sales organization, is capturing the attention of companies big and small. Earlier this month, it worked with PayPal to test a mobile-payment system, and today it announced plans with Dwolla and SCVNGR's LevelUp.
September 12 -
The traditional payment terminal's future took another hit this week with ShopKeep POS announcing plans to integrate Dwolla and LevelUp mobile payments into its iPad-based checkout system.
September 12 -
Credit unions using Sharetec Systems' data-processing system now have a simpler way for members to enroll in Dwolla's funds transfer service.
September 11 -
Australian consumers and businesses would be able to transfer funds between bank accounts almost immediately, instead of waiting up to three days, through a service First Data is developing with Accenture and VocaLink.
September 11 -
Despite the decisions by some of the leading mobile-payment providers to work within the existing infrastructure, investors are concerned that legacy players' operations soon might become obsolete. And VeriFone is serving as their poster child.
September 11 -
Branch staff may provide credit and debit cards right away to customers under a new instant-issuance service from Fiserv.
September 10 -
ATM maker NCR plans to use its newly announced acquisition of Transoft to strengthen its existing cash-management offering and eventually bring an integrated cash-management service to financial institutions and retailers.
September 7 -
As ShopKeep POS reviews the results of its recent mobile-wallet test with PayPal, it is rolling out a new iPhone app for merchants that use its tablet-based register system.
September 7 -
Elan Financial Services' MoneyPass electronic funds transfer network is extending its surcharge-free ATM coverage to include 2,000 stores through Walmart's MoneyCenter Express machines.
September 7 -
Soon the question every clerk asks at checkout may not be, 'paper or plastic,' but instead, 'mobile bar code or NFC?'
September 6 -
Visa cardholders will be able to receive immediate fashion offers via text message under a mobile-offers test Visa is conducting with Neiman Marcus.
September 6 -
Wright Express, a leading issuer and processor of fleet and other prepaid cards, has signed a definitive agreement to acquire Fleet One for $369 million in cash from private equity firms LLR Partners and FTV Capital.
September 5 -
Two organizations whose purpose is to set the specifications and framework for two of the leading emerging-payment types in the U.S. are joining forces to speed up the spread of mobile payments.
September 5 -
Ingenico continues to pursue U.S. market share to capitalize on the breakup of rival payment-terminal maker Hypercom last year, and wireless terminals are a key part of that strategy.
September 5 -
Online marketplace Etsy is putting more marketing muscle behind its PayPal alternative, Direct Checkout, as it waives processing fees this month and makes Direct Checkout a requirement for accepting its virtual gift cards, which launch next month.
September 5 -
Burroughs has acquired Absolute ATM Services and intends to integrate the ATM independent sales organization with its maintenance services and transaction technology operations.
September 4 -
Walmart's recently disclosed test of mobile checkout technology could whet consumers' appetites for a later and more aggressive rollout of mobile payments.
September 4