Merchant

West Virginia Attorney General Darrell McGraw filed a lawsuit Tuesday against seven unlicensed debt collection agencies he accuses of using unfair tactics to receive money from consumers.

Despite new rules and legislation that have cut into certain revenue streams, credit and debit cards are showing some positive trends at U.S. Bancorp.

More independent sales organizations are offering personal computer-based point-of-sale systems to merchants, insiders report.

Heartland Payment Systems Inc. has signed a three-year contract extension with Citgo Petroleum Corp. to continue authorizing debit and credit card transactions at approximately 6,000 of the petroleum retailer’s branded locations nationwide, the transaction processor announced April 17.

When the U.S. broadly adopts chip-enabled payment cards, it is less likely a drastic increase in card-not-present fraud will occur like the spike Europe experienced after its conversion to the EMV card standard, an analyst tells PaymentsSource.

Citi Philippines, a unit of Citigroup Inc. is working with Planet Payment to provide the currency processor's services to Citi's merchant clients in the Philippines.

The reality of Visa Inc.’s new Fixed Acquirer Network Fee will begin to sink in with merchants when their next monthly statements arrive, and most will not greet the new levy warmly, observers warn.

As soon as the pain subsides from enduring a punch in the stomach from another data breach, the payments industry often is ripe for a change in behavior. Or at least it’s willing to learn more about how to avoid future mishaps.

Total System Services Inc., or TSYS, has signed a new long-term partnership agreement with First Hawaiian Bank of Honolulu, renewing its acquirer-processing relationship with the $15.8 billion-asset bank, the Columbus, Ga.-based company announced April 12.

Independent sales organizations apparently aren’t content to stand by and let the big tech companies dominate the new market for micromerchant electronic payments.