ISOs

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

One of the first women to succeed in the acquiring business advises her female colleagues not to hold a grudge, even after industry debates overheat.

By Autumn Cafiero Giusti

Imagine seeing a television ad, pausing the program and buying the advertised product with a remote control, smartphone or electronic tablet.

The payment card industry’s campaign to displace cash and checks appears to have struck a nerve.

Acquiring banks react more quickly than ISOs when innovation arises in the industry, a new study indicates.

PayPal Inc., an alternative payments provider that often bypasses ISOs, has revealed that 15 new national retailers eventually will accept PayPal payments. The company also has signed agreements with terminal makers and point-of-sale software vendors that will significantly increase PayPal’s presence as an option in bricks-and-mortar stores.

Some of America’s ISOs and transaction processors may be in for a shock when they begin trying to accept EMV chip cards in the coming months.

A combination of hardware and software that enables restaurant patrons to order and pay on a tablet at the table is bucking the trend toward paying on smartphones, one analyst says.

The Electronic Transactions Association is winding up the second month-long test period for the Certified Payments Professional credential and working on training courses for subsequent rounds of testing.

Vantiv Inc. is offering Ingenico SA's new point of sale products in an effort to prepare the industry for the EMV chip-card standard and Near Field Communication technology.

MasterCard today made the first move to begin talking with rivals and customers about exactly how the U.S. will adopt the EMV chip-card standard.

A tokenization services vendor has shifted its emphasis from the core to the edge of retailers’ computer systems and is seeking independent sales organizations to promote its product.

ISOs can present themselves as consultants by specializing in offering card-acceptance services to just one or two types of clients and really getting to know those businesses.

Small merchants often have only the foggiest notion of what constitutes a secure electronic payment, so a security vendor specializing in Payment Card Industry data-security standards compliance is providing a primer on the subject.

Merchants can find out if their mobile card readers have approved security features by checking a new fact sheet from the Payment Card Industry Security Standards Council.

Total System Services Inc., or TSYS, wants to put itself in a position to take advantage of growth in mobile payments and banking.

The problem with building a smartphone-based rewards system is that retailers unintentionally jam the signal.

Transaction aggregation eventually could save the vending-machine industry from the ravages of the Durbin amendment to the Dodd-Frank Act, according to one processor of electronic payments from vending machines.

ORLANDO, Fla. — More than 100 variations of mobile wallets are vying for consumer attention in the U.S., and in another nine months some say that number may double.