Cards

Financial Prepaid Services (PFS), a MasterCard prepaid partner, has introduced the SmartPayCard Prepaid MasterCard in Slovenia, the first domestically issued prepaid MasterCard in that country.

Heartland Payment Systems will use Alaric's Fractals fraud prevention and detection product to monitor the 300 million card transactions it processes each month.

Banks and payment card providers would face caps on the transaction fees they can demand from retailers under European Union plans to rein in charges that have been attacked by regulators as anticompetitive.

For the past two weeks, Visa, MasterCard and Discover have been meeting with each other and with regional debit networks to hammer out the business agreements necessary to route debit transactions on EMV-chip cards in the U.S.

Prepaid card provider epay has rolled out Google Play gift cards at more than 5,600 food and discount stores in Germany.

Cloud payment processor i2c Inc. and Heartland Payment Systems have teamed to provide prepaid card processing services. Their first collaboration is to add features to the National Restaurant Association’s Edge prepaid card program.

Google requires the early adopters who buy its Google Glass headset to purchase it using Google Wallet. What are the implications for Google's payments strategy?

With the summer driving season in full swing, Shell Oil Products U.S. is attempting to boost the appeal of its branded payment cards.

Financial institutions with at least $10 billion in assets knew they would take a hit to their revenue when the Durbin amendment capped interchange pricing. But smaller issuers, who were exempt from the cap, have seen a drop as well.

The Merchant Customer Exchange (MCX), a mobile payments initiative created by major retailers, will use technology from FIS to speed processing and provide access to accounts at a large range of financial institutions.

COPPELL, Texas – The Merchants Customer Exchange, a fledgling mobile payments system being created by retail giants fighting the Visa and MasterCard card networks, announced a major milestone this morning, an agreement with FIS to power its mobile commerce network.

The payment processor Global Payments Inc. will offer its U.S. merchant customers an iPad point of sale system from ShopKeep POS.

As EMV-chip card use spreads at the point of sale in the U.S., online merchants will have to change the way they handle payments online.

The prepaid card market must undergo significant consolidation in the future because more prepaid card processors exist than are needed to serve the prepaid issuers and program managers in the U.S., new Aite Group research finds.

The major card brands have certified payment processor Total System Services Inc. for EMV chip-card processing.

By July 2008, when Apple introduced the app store as part of the new iPhone 3G, the idea of mobile payments had largely flopped. The app store gave payments companies a second chance at creating the mobile wallet — but many still stumbled along the way.

Visa has entered agreements with more than 40 Australian banks to offer customers the V.me digital wallet for online shopping — a mere three months after MasterCard debuted its MasterPass digital wallet in Australia.

Banks and payment networks are pressing state lawmakers to bar retailers from charging customers more to pay with credit cards than with debit cards or cash.

CloudPassage, a cloud infrastructure security provider, is offering to address Payment Card Industry security standard compliance for cloud-based businesses.

Six banks in Poland have created a joint venture to develop common mobile payment standards to comply with national regulations — a move that leaves card networks out of the equation.