Merchant

Commuters on the Delhi Metro rail network soon will be able to use their credit, debit and dual-function cards to make payments at the stations for various types of services, a spokesperson for the Delhi Metro Rail Corp. tells PaymentsSource.

Network International LLC has entered into a strategic partnership with Abraaj Capital, which announced the deal Dec. 22.

The Bank of the Philippine Islands has selected Hypercom Corp. to provide terminals for its card-payment systems, the Scottsdale, Ariz.-based terminal maker announced Dec. 21.

Many online merchants in the United Kingdom may experience downtime during the holiday shopping season because their systems used to detect fraud card-not-present fraud may not be reliable or current, new research suggests.

Think Computer Corp. has introduced a digital-coupon system integrated into its mobile-payments application that relies on facial recognition to confirm a user’s identity at the point of sale to help combat payment fraud.

Visa Inc. unveiled its new special offers mobile payment app, placing it in a crowded market for merchant perks that also includes a major push by rival MasterCard Worldwide.

The Federal Trade Commission is taking legal action against a massive Internet enterprise that allegedly has made millions of dollars by luring consumers into "trial" memberships for government-grant and money-making schemes, then charging various fees to their credit and debit card numbers.

Independent sales organizations and acquirers will have to wait a while longer to accurately assess the impact of the Federal Reserve Board’s recent proposal to limit debit card interchange rates at no more than 12 cents per transaction, suggests an analysis from The Strawhecker Group, an Omaha, Neb.-based payments consultancy.

Merchant acquirers might be breathing a sigh of relief following the Federal Reserve Board’s proposal to cap debit card interchange rates at 12 cents per transaction. But though the proposed rules would not directly affect them, issuer reaction might, observers say.

Various factors may have come into play regarding Ingenico S.A.’s Dec. 19 rejection of an unsolicited, nonbinding offer.