Merchant

Payments technology is rapidly changing, but so is the broader environment for retailers, creating a need for flexible and diverse payment acceptance options.

To thrive in today’s internationally volatile markets, financial institutions and other organizations must attend more closely to the cross-border payments process.

The tough move from free to fee for its readers has Square adjusting its strategy to lure merchants, but it also opens the door wider to new markets, according to CEO Jack Dorsey.

Square Inc., the company that makes white, cube-shaped credit card readers for mobile devices, forecast third-quarter earnings that topped analyst’s estimates, as the company’s core digital payments business grew and its ancillary software and data businesses gained traction.

Three months shy of the EMV liability shift’s one-year anniversary, issuers are making brisk progress but merchants are stuck at a crawl.

Visa announced Quick Chip four months ago, but until today the card brand has not had a place to showcase its faster EMV technology to merchants who feel burdened by the EMV payment process.

At its launch in 2004, ThankYou had its own separate identity, customer base and website from the rest of Citi – even logging into the program was difficult.

Bots have slowly begun to creep onto the online payments scene, and they could offer a whole new, simpler way to part with our cash.

The Consumer Financial Protection Bureau added its voice Tuesday to a chorus of other regulators in calling for sustainable foreclosure relief when the Home Affordable Modification Program expires at yearend.

Whether it is EMV, NFC, HCE or TSP, there is certainly no shortage of acronyms within the payments ecosystem. And this is one trend that is here to stay.