Merchant

SecureKey Sees Investment Capital As A Boost For Online And Mobile Software Rollouts

Fair Debt Collection Practices Act (FDCPA) lawsuits filed this year through May 15 totaled 4,102, down 4.6% from last year's pace of 4,299, according to WebRecon LLC, a Grand Rapids, Mich.-based firm that tracks the data from U.S. District courts.

Merchants have never before had so many options for accepting cards, but a stubborn core that deals only in cash may never change its ways.

Buffalo Wild Wings is all about overwhelming its patrons with options — it has over a dozen wing sauces to choose from, and it is testing a system that adds more variety to how people order and pay.

Elavon, a unit of U.S. Bancorp, is taking a different approach to mobile card acceptance by using a wireless card reader that is as big as the phone it pairs with.

It's getting harder for merchants to stick to a cash-only business model. The options for cheap - and free - mobile card readers are too numerous to ignore.

The Electronic Transactions Association is wrapping up its second month-long test period for a credential it says improves the acquiring industry's credibility with merchants and gives participating independent sales organizations and sales agents a competitive advantage.

Merchant acquirer banks using ACI Worldwide Inc. processing software will get some fresh help in managing merchant accounts and handling payment settlements.

VeriFone Systems reported that its second-quarter net income dropped roughly 42%, to $14.5 million, from a year earlier as expenses rose.

Vantiv is offering Ingenico's new point of sale products in an effort to prepare the industry for the EMV chip-card standard and Near Field Communication technology.