Merchant

Bling Nation Ltd.’s deal with Fifth Third Processing Solutions LLC could give the company the entree they need to promote the company’s postage stamp-sized contactless payment sticker across the country.

By proposing to combine two of the world’s three largest makers of payment terminals, VeriFone Systems Inc.’s hostile bid for Hypercom Inc. appears to raise antitrust issues.

EZCheck Adds Gift, Loyalty Services

VeriFone Systems Inc. said Wednesday that it has begun installing passenger-activated payment and multimedia information systems in taxis in Atlanta.

An investor advocacy group is searching for Hypercom Corp. investors who feel jilted after the vendor's board last week turned down an unsolicited bid from rival VeriFone Inc. for more than $280 million (see story).

Bling Nation Ltd.’s deal with Fifth Third Processing Solutions LLC could give them the entree they need to promote the company’s postage-stamp-sized contactless payment sticker across the country.

Westpac Banking Corp. is deploying 15,000 Hypercom Corp. Optimum-branded point-of-sale terminals as part of a $50 million deal the two companies announced last year (see story), Hypercom announced Oct. 5.

A settlement involving the top two payments networks over their merchant acceptance policies gives retailers more clout to promote the use of cheaper cards, but an analyst doubts many businesses will change their practices.

First Data Corp. says its TransArmor data-security services will be made available to more than 350,000 merchants that process with Bank of America Merchant Services, a joint venture between the Atlanta-based payment processor and Bank of America Corp.

Akamai Technologies Inc. says its new Edge Tokenization service pushes sensitive transaction data away from vulnerable online merchants payment networks.