Merchant

Michael Miebach was already a major cog in Mastercard’s digital transformation and dealmaking, a path that will take him to the company’s top job when current president and CEO Ajay Banga transitions to executive chairman at the end of the year.

With Visa’s sweeping change continuing to raise fees for credit card transactions, it is no surprise that many businesses, especially in the retail industry, are unhappy, says Fattmerchant CEO Suneera Madhani.

By implementing a leading AI solution, your team can audit 100% of spend, making sure that every invoice complies with its contract terms, says Anant Kale of AppZen.

It is long past time for the Federal Reserve to use its authority to bring transparency and competition to the debit market, says the Retail Industry Leaders Association's Austen Jensen.

Fending off these kinds of attacks requires training personnel on a strict process for validating suppliers' banking data during supplier onboarding, especially when receiving any data change requests, says Noicepay's Doug Seaberg.

For many international enterprises, cross-border e-commerce processing is table stakes. And the more complex the payment, the more important it is to handle it quickly.

New messaging protocols calls can meet crooks at the pass, says FIME's Jean Fang.

Fiserv completed a PIN on Mobile transaction using only an app on a consumer grade handset, and plans to pilot the technology in Europe and Asia.

London mobile point of sale fintech SumUp has launched a prepaid business Mastercard to its line of small business products.

Investors poured a fresh $400 million into Toast following a year in which the payment firm more than doubled revenue from its network of restaurant clients.

Mobile apps enabling consumers to buy gasoline without stepping out of the car are a fast-growing category, but fuel marketers’ associated rewards programs have taken a bit longer to catch up.

New regulations and fraud threats are accumulating, and payment firms need to keep up, says Semafone's Gary E. Barnett.

Klarna has agreed to acquire Italian fintech Moneymour as part of an innovation push to counter rivals in the popular point of sale credit market.

The $800 billion grocery industry is keeping a sharp eye on a strip mall in the Woodland Hills neighborhood of Los Angeles. There, sandwiched between a nail salon and a bank branch, Amazon.com Inc. is working on the first in a new chain of grocery stores set to open this year.

Similar to a sports team landing a major free agent, the Faster IDentity Online Alliance has scored a major victory for its identity modernization cause in revealing Apple has joined the organization.

The connection of an advanced loyalty program can woo consumers, even in a case where the merchant's products may cost more, says Clarus Commerce's Tom Caparaso.

Point of sale credit is a popular option, and Visa has followed its investment in Klarna by financially backing ChargeAfter.

BitPay has integrated bitcoin and cryptocurrency payments into Poynt’s Smart Terminal point-of-sale devices, reaching an addressable market of more than 100,000 retailers.

The advancement of mobile wallets has never quite aligned with U.S. dining habits, where patrons are accustomed to handing off their credit cards to wait staff — something they are less likely to do with their phones.

Relying on a "community-based" fraud approach can reduce friction and abandonment, increase sales and revenue, delight your customers, and help protect your brand and reputation, says Accertify's Jeff Wixted.