ISOs

API Software Inc. has created a mobile app for independent sales organizations to help merchants tabulate the best payment services deals.

VeriFone’s second quarter revenue increases signal the company is heading in the direction CEO Paul Galant envisioned when becoming the head of the terminal maker in October 2013.

A company called Credorax aims to make cross-border e-commerce transactions easier for merchants and ISOs.

The days of salespeople peddling point of sale terminals by simply pulling hardware out of a box are numbered.

Acquirers should become experts on point of sale equipment and software that helps merchants operate more efficiently, an upcoming report says.

Data thieves are building diversified portfolios, generating varied revenue streams based on the type of consumer credentials they can compromise through their breaches.

New software called Pegasus, like the winged horse of Greek mythology, helps ISOs control just about every aspect of their relationships with merchants.

EMV-chip cards might not become ubiquitous in United States until 2018 because no one’s teaching merchants and consumers about the technology, according to a new report from Javelin Strategy & Research.

As more merchants demand mobile technology to accept payments in their stores, vendors like Total System Services are varying their offerings.

The Target data breach has sparked more awareness of card security issues, but nearly 90% of consumers responding to a survey don’t know much about the EMV-chip cards.

While mobile wallet providers try to simplify payments by taking plastic cards out of the equation, others are looking further into the future to an era where everything is connected.

American Express Co. is ready for its new small business program, OptBlue, to take the spotlight after several months of testing and a soft launch with acquirers.

Value-added products and services may offer ISOs an opportunity to increase profits, but only with the right sales pitch.

Visa is lowering or eliminating many merchant acquirer fees for merchants who generate less than $15,000 in annual Visa sales. It also plans to eliminate up to half its operating rules.

As independent sales organizations (ISOs) offer new payment technology and other services to improve merchant relationships, the ISOs have to decide whether to charge a fee—a difficult decision that can differ from one merchant to another.

With every new value-added product or service, an ISO has to determine an appropriate sales tactic—give it away for free, bundle it, charge upfront or levy a monthly or yearly service fee.

SCVNGR’s LevelUp is reducing its mobile wallet’s transaction fee from 2% to 1.95% in its continued attempt to lower interchange costs.

Ten years from now, members of the acquiring industry may have fond recollections of the nation's transition to mobile payments, says Brian Mooney, CEO of Bank of America Merchant Services.

Ten years from now, members of the payments industry may look back with fondness upon the transition to mobile payments, according to speakers at Transact 14.

The future belongs to mobile payments, but that future remains unclear, as many competing technologies are vying for consumers' attention.