Cards

Mobile point of sale systems could expand card acceptance by adding as much as 19 million merchants, resulting in a potential $1.1 trillion uptick in annual card payments, Javelin Strategy and Research says in a new report.

The merchants chosen to speak at Nacha's Payments 2013 conference didn't waste lot of time before swinging away at the expectation that they start accepting EMV-chip cards in the near future.

Braintree Inc., a small mobile payment vendor founded in 2007, has attracted employees and board members from some of the biggest technology companies. Its recruits say the young company promises a more dynamic environment than the industry giants can provide.

Roam Data Inc. has updated its mobile app to allow merchants to operate a complete point of sale system from smartphones or tablets.

Executives at Discover Financial Services sought to temper investor expectations of quick results from its partnership with PayPal, instead emphasizing the long-term benefits of the alliance, as well as other ongoing initiatives.

The terminal maker VeriFone Systems Inc. has signed a two-year contract with China Payment and Remittance Service to provide managed services for up to 100,000 of the company's point of sale devices.

Corporate payments services provider Wex will now offer its travel booking and payment automation service to businesses in Brazil.

U.S. Bancorp is developing a voice command mobile application to allow users to speak payment-related commands into the mobile device.

Eighteen states and the District of Columbia have legalized medical marijuana, and some dispensaries enjoy millions of dollars in annual sales. However, such establishments may not be ideal clients for ISOs unless they and their sale agents exercise caution, say those who work with the medical marijuana industry.

Ian Hermon, product marketing manager at Plantation, Fla.-based Thales e-Security Inc. spoke to PaymentsSource about the obstacles and options facing the U.S. payments industry during its multiyear migration to EMV cards.

There's a lot payment companies can lean from downfall of the Pony Express, according to Brett King, founder of the financial services startup of Moven.

Global Payments will begin offering merchants currency conversion services at their point of sale terminals through an integration with Planet Payment.

Datacard Group is offering a new CD820 instant card issuance system which can support contact and contactless EMV-chip cards.

RANCHO CUCAMONGA, Calif. -- EMV-enabled Visa debit cards functioned successfully in at least six countries for members and staff of Bank-Fund Staff FCU, with online transaction processing performed by CO-OP Financial Services.

ACI Worldwide has launched the ACI Universal Payments Platform, throwing its hat into a busy ring of companies building technology to allow financial institutions, processors and retailers to keep up with the nimble startups and other factors that are reshaping the payments industry.

The C-1 electric car is an inventive vehicle, built by a company with an inventive marketing strategy and an inventive way of accepting payments.

When PayPal begins distributing the EMV-chip card version of its PayPal Here mobile card reader in the U.K. this year, it will follow a pattern the eBay unit established in the U.S. of targeting a narrower market than its rivals do.

Alternative digital payments for the on-the-go consumer go well beyond the standard fare of Near Field Communication chips and QR codes. Here’s a look at some of the most imaginative mobile payments options devised.

If there's a sliver of good news to come out of the data breach affecting an estimated 2.4 million payment cards at St. Louis-based Schnucks grocery store chain, it's that the card data didn't come attached to a loyalty program.

Utimaco Safeware on April 23 plans to launch new security technology that uses open development techniques to protect parts of payment transactions.