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September 18 -
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Merchant-level salespeople should keep two tips in mind when they close a deal: Ask for the business, and ask the merchant to pay.
July 31 - PSO content
The nation's weakening economy is suppressing acquisitions in the merchant-acquiring industry.
July 24 - PSO content
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July 7 -
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June 19 -
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By Kate Fitzgerald and Kevin WoodwardJune 19 - PSO content
Business Payment Systems LLC, a New York-based independent sales organization, faces paying $2.5 million to settle claims in a class-action lawsuit over alleged unsolicited faxes the company sent to plaintiffs, according to a settlement claims form the King County Superior Court in Washington state released Monday.
June 13 - PSO content
Since 2006, the percentage of merchants switching acquirers has surged, especially mid-size retailers, according to a report from First Annapolis Consulting, a payments consultancy based in Linthicum, Md.
June 13 -
SignaPay Ltd., an Irving, Texas-based independent sales organization, has launched SenorPay, a sales division concentrating on Spanish-speaking merchants.
June 5 -
A federal appeals court has upheld a lower court's ruling that AdvanceMe Inc. holds no patent on merchant cash advances.
May 23 -
The name change may seem subtle, but it reflects monumental changes. That assessment of the switch from Merchant Processing Inc. to Phoenix Merchant Processing Inc. comes from Jim Keller, CEO of the Beaverton, Ore.-based ISO.
May 23 -
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Heartland Payments Systems Inc., a Princeton, N.J.-based payment processor, is buying the Network Services business of Dallas-based Alliance Data Systems Corp. for $77.5 million, Heartland announced this week.
May 8 - PSO content
Some ISO industry experts call them security breaches waiting to happen–the outmoded PIN-entry point-of-sale terminals that sit atop almost innumerable merchant countertops across the nation.
May 8 -
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Perhaps no other part of the payments industry sees change as consistently as merchant acquiring. ISOs not only contend with changes made by their acquirers, processors and the card brands but also with a constant rotation of customers, employees, business practices and products. Through a series of question-and-answer articles with industry professionals, ISO&Agent Weekly hopes to provide insight into how companies anticipate and manage change while maintaining a productive and profitable enterprise.
April 10 - PSO content
A booming merchant-services business that includes independent sales organizations helped Global Payments Inc. generate double-digit growth in fiscal third-quarter revenue and net income.
April 3 - PSO content
Obstacles to the spread of pay-at-the-table mobile-payment terminals include indifference, tight budgets and misgivings about reliability, the Mercator Advisory Group says.
April 3
