Economy

CHICAGO — A small "sound off" session here Thursday at a trade show could signal the beginning of better communication between acquirers and the rest of the payment industry.

CHICAGO — Recurring revenue and a recent spate of publicity are luring potential buyers into the acquiring industry's merger-and-acquisition market.

CHICAGO — Recurring revenue and a recent spate of publicity are luring potential buyers into the acquiring industry's merger-and-acquisition market.

Though it’s the world’s longest undefended border, the boundary between the United States and Canada can seem formidable to American ISOs and agents.

An independent sales organization and a health care lender are helping patients pay their physician and dentist bills.

After 18 years in the processing and acquiring industry, I finally made the move to a technology company based in Silicon Valley and entered a totally new world. My new world is filled with not only amazing weather but also obnoxiously high taxes and living costs. And the buzz in San Francisco and San Jose seems reminiscent of the late 1990’s, but now smartphone-enabled payments are blazing the way.

Marketing Gurus Offering Merchants A Course On Customer Growth

ISOs and agents could use fraud data to convince merchants to take security seriously, observers say.

Bipin C. Shah is credited with pioneering ATM networks, 24-hour ATM service, payroll debit cards, debit at the point of sale, cash-back with debit cards and pay at the pump. These days, he’s focusing his creativity on merchants.

A Philadelphia-based company is buying an ISO, a processor and a payroll-services company to pursue the goal of providing complete payments services to small merchants.

SAN FRANCISCO–Sometimes Jack Dorsey doesn’t even have to show up to be the guest of honor.

Donna Embry, senior vice president of strategic development at Louisville, Ky.-based Payment Alliance International, has been with the firm since 2006. Embry is also the incoming president of the Midwest Acquirers Association.

Turning a phone into a credit card reader no longer seems like anything special. Square Inc., facing increasing competition from bigger rivals, is adding features to its small plastic card reader to make it a more fleshed-out product for merchants.

Opinions differ on whether complying with PCI matters with mobile payment dongles, but one ISO calls adherence to the data-security standard a no-brainer.

Payment Alliance International, a Louisville, Ky.-based ISO, and Panoptic Security, a qualified security assessor that specializes in Payment Card Industry data security standards, have entered into a strategic partnership to provide the ISO’s merchants with an online PCI compliance portal.

CSR, a provider of data compliance services formerly called Compliance Solutions and Resources, is opening of a western regional office in Reno, Nev.

Standalone contactless payment cards may be headed for extinction in the United States.