ISO & Agent

Payment processor Elavon has signed a multi-year agreement to provide payment gateway and security technology to Wyndham Hotel Group.

Ecobank Transnational Inc. and MasterCard have agreed to promote electronic payments throughout Central and West Africa, accelerating use of payment cards for consumers and mobile card readers for merchants.

First Data likens its new Clover Mini payment terminal to Apple's product line: it's a device made to fill a niche that everyone else thought was already being served.

Square Inc. will eventually be a publicly traded company and could conduct an initial public offering this year if it wanted to, its former chief operating officer said.

Consumers in the Asia-Pacific region no longer view the MasterPass wallet as an option only for big-ticket purchases.

Jack Dorsey is following in the footsteps of his Silicon Valley idol – Steve Jobs.

Jack Dorsey will be doing double duty soon. The 38-year-old Missouri-native will be serving as the interim CEO of Twitter, while also continuing to serve as the CEO of Square Inc.

Merchants have an appetite for mobile technology, but they don't always know how to feed their hunger, according to PayPal's Brad Brodigan.

Nearly 80% of consumers making payments to doctors or hospitals would prefer to do so through a one-click method on their health-plan provider's website, according to data from health care payments provider InstaMed.

Wirecard AG has added a link to Google's search engine marketing service to its Checkout Portal.

Ingenico Group has provided its EMV-enabled terminals and software to the retailer Batteries Plus Bulbs, in preparation for the October deadline for EMV-chip card adoption.

Square's partnership with Apple to enable small merchants to accept Apple Pay is just one blip in Apple's overall strategy, but for Square it's a fundamental rethinking of its approach to its audience.

Merchants face a confusing onslaught of terminal updates, encryption, tokenization and EMV, placing organizations like the Payment Card Industry Security Standards Council (PCI SSC) in the role of trying to make sense of the changes.

Apple Pay's launch was seen as so bank-focused that some retailers griped or outright rebelled against the Apple mobile wallet. But today, Apple made a major peace offering to the merchant community — and it's working with Square to make that happen.

Amazon.com Inc. built a Web- retailing empire by persuading consumers to pay for books, electronics and other merchandise online. Now it's targeting the next generation of shoppers.

U.S.-based payment processor Total System Services (TSYS) has launched a service called Chip Card on Demand that provides issuers the option to add EMV chips to compatible magstripe cards during the production process.

Dwolla is dumping its transaction fees to instead focus on making money from added features, services and custom software. It's a business model that others have tried before with mixed results.

IHL, which tracks retail payment trends, has slammed EMV in a recent report, calling it "a colossal waste of time, effort and capital to the retail industry."

Verifone CEO Paul Galant is not happy with his company's performance in Asia, and plans a number of changes including personnel and the separation of China as its own region.

At the Wayfair network of retail brands, more people are using its mobile commerce apps, but only a smaller percentage are on board with using those apps to make purchases.