Kevin Woodward

Assurance Investment Partners Inc. has added merchant processing services to its offerings with its investment in Veritas Merchant Services LLC, an independent sales organization in Louisville, Ky.

The allure of double-digit payment card transaction volume growth and recent deregulation have prompted Elavon Inc. and Credicard, a subsidiary of Citigroup Inc., to form a merchant acquiring venture in Brazil.

Hypercom Corp. said Monday that more than 450 C&A Mode KG fashion retail stores in Germany plan to deploy 2,700 of its Artema Hybrid point of sale terminals.

Ingenico SA has come out with a point of sale mobile terminal line that it says is smaller, lighter and has longer battery life than its predecessors.

Citgo Petroleum Corp. has agreed to make Heartland Payment Systems Inc.'s SmartLink payment system available to its 6,500 Citgo retailers.

Roam Data Inc. is expanding its mobile card reader technology to BlackBerry users.

Advent International Corp. and Bain Capital LLC have completed their acquisition of a majority stake in RBS WorldPay, the payment processing arm of Royal Bank of Scotland Group PLC.

Electronic Payment Systems LLC, an independent sales organization in Denver, said a federal judge has ruled that it owns a toll-free number now used by about 515,000 merchants processing with TSYS Acquiring Solutions.

Though observers say it is clear that PayPal Inc. plans to move beyond e-commerce into point of sale transactions, there are still questions surrounding how that transition will happen.

Thirty-two Rhode Island government organizations will use payment processing services from Point and Pay LLC integrated into Opal Data Technologies Inc. software.

First American Payment Systems LP has signed Parkway Bank of Lenoir, N.C., as its 26th referral bank partner.

Visa Inc.'s CyberSource Corp. is offering its online merchant clients access to Trustwave's security-assessment services.

The program is still in its early stages, so the eBay Inc. unit had few details to share, but the program would build upon PayPal's partnership with the terminal maker VeriFone Systems Inc.

Smaller merchants' varying awareness of Payment Card Industry data security standards suggests a need to tailor PCI-compliance efforts, even among the smallest of merchants, ControlScan Inc. said.

Heartland Payment Systems Inc. swung to a $7.5 million third-quarter profit from a $37.1 million loss a year earlier that it attributed to costs from a data breach.

VeriFone Systems Inc. says its PayWare Merchant managed service for large retailers, petroleum marketers and hospitality companies, is now available in Europe.

First Data Corp.'s TransArmor payment-tokenization product soon will be available in VeriFone Systems Inc.'s multilane and petroleum point of sale terminals.

As of Jan. 1, merchants and payments companies must ensure that their systems comply with versions 2.0 of the Payment Card Industry and Payment Application data security standards the PCI Security Standards Council released Oct. 28.

A second merchant acquirer in Brazil and a payment processor in Ecuador will install a combined 26,500 Hypercom Corp. point of sale terminals by the end of the year.

Online merchants may send PayPal Inc. transactions through First Data Corp. under a new payment service the transaction processor and CardinalCommerce Corp. announced Monday.