ISO & Agent

For the processor Total System Services, buying the prepaid card marketer NetSpend is transformational. For NetSpend it's going to be business as usual, the companies say.

The Payment Card Industry Security Standards Council has published its latest data security guidance for merchants accepting payments with smartphones or tablets.

By any measure, a 60-user rollout is small. But it gives MasterCard Inc. a MasterCard Mobile Wallet test that touches many Coles supermarkets across Australia.

St. Louis may not be the obvious launching spot for payment technology, but Radnor, Pa.-based FreedomPay bypassed the nation's most crowded cities to instead launch the Vibe mobile wallet in the Show-Me state.

The Currency Cloud says it has the answer for companies dealing with the costs of completing an international payment.

PayPal has attracted some big names to accept it at the point of sale, but it has a long way to go before its digital wallet is a part of everyday consumer life. A recent partnership with the fuel pump technology company Gilbarco Veeder-Root has the potential to change that.

Merchant service providers need to be aware that payment gateway technology is likely to provide answers to most of the questions merchants may ask when navigating the dizzying array of new payment rules and technologies.

It's not going to garner the attention that Square Inc.'s pact with Starbucks created, but Square's latest deal shows it's still eager to brew partnerships with coffee shops.

Payleven, a mobile payment venture from the Samwer brothers' Rocket Internet incubator, started selling its mobile chip-and-PIN mobile card reader last week and received hundreds of orders for the new device.

Gilbarco Veeder-Root now gives motorists the option of paying for gas at the pump using their PayPal account at its Passport terminals.

The PCI Council’s directions for Payment Card Industry Data Security Standards are expanding as mobile commerce grows and when combined with local differences in diverse markets, the new guidance statements can be a compliance challenge for issuers that operate in multiple nations. The use of “compliance-as-a-service,” or CaaS, to provide managed monitoring and compliance updates to keep up with changes is an emerging option for large card issuers.

Elavon, a subsidiary of U.S. Bancorp, has acquired Collective Point of Sale Solutions Ltd in a deal that expands Elavon’s presence and distribution network in Canada and aligns with its global growth strategy.

ERN is launching a product that attempts to meld issuer and retailer spending details to produce real-time offers at the point of sale. It faces plenty of competition in its efforts to bring granularity to marketing.

As card fraud progressively moves to e-commerce, more vendors offer merchants the tools to monitor their progress in thwarting cybercrooks — and the information collected in protecting their data also helps merchants promote sales.

After a frustrating year of knocking on doors, Sandra Young still couldn't persuade merchants to sign up for transaction services. She then decided to dedicate herself to a chore not many independent sales organizations or sales agent relish – convincing gas station owners and managers to accept card payments at the pump.

Despite some glitches that are hampering vigorous adoption, the companies targeting mobile payments are finding success in forging brand connections. The problem is their connections are with narrow constituencies, and are often based on competencies beyond mobile payments.

ShopKeep, which provides an iPad point of sale system, began supporting payments from SCVNGR's LevelUp loyalty and mobile payment system this week. One early adopter is already reporting success with the combined system.

Merchant objections to the proposed $7.25 billion swipe-fee settlement are likely to mount following another delay in an appeal ruling.

Visa's V.me digital wallet is picking up momentum and the initiative is "right on the point of the spear" of the card network's product development strategy, Visa says.

A café chain in northern New England is telling its customers that hackers may have breached the company’s payments system. The Works Bakery Café is a small target but its experience is indicative of a bigger trend in data security.