Merchant

Yahoo Inc. is on the cusp of reinventing itself, potentially as an important payments provider that could rival not only PayPal Inc. but Visa Inc. and MasterCard Worldwide as well.

Visa Inc. has rolled out another point-of-sale fraud-fighting tool for payment card issuers already facing costly changes to block fraud at the checkout level with EMV technology.

Independent sales organizations and sales agents will play a key role in teaching America how to use EMV cards, an executive at a payment-terminal provider says.

Online coupon site RetailMeNot.com plans to ride the momentum of a paperless coupon beta test it held at last month’s South by Southwest multimedia festival in Austin, Texas, to stage a national rollout this summer, PaymentsSource has learned.

When people think about big banks what is the first thing that comes to mind? It might be they have the best product selection, robust online banking services, convenient ATM/branch locations, the most competitive interest rates or any number of other appealing product and service items.

At least one vending machine payment-processing company has cut off acceptance of debit MasterCards because of new debit card interchange rates that resulted from the Durbin amendment.

Commuters who spend time in Austin, Texas, may find it simpler to locate and pay for parking in the state’s capital city.

The switch from magnetic stripe cards to EMV chip cards in the U.S. appears unlikely to create a surge in demand for EMV-capable terminals, at least in the near future.

Global Payments Inc.'s recent data breach is causing many payments-industry participants, including hundreds of small U.S. processors, to recheck their security, one security expert contends.

Payments-terminal makers are fighting a war on at least two fronts.