Payment processing

It's a precarious time for security at gas stations, many of which are taking advantage of the two-year grace period they received for EMV card acceptance when the rest of the bank and retail world faced a 2015 deadline.

Walmart has entered the mobile payments industry, announcing in December that it was introducing Walmart Pay, an upgrade to Walmart’s existing app that will allow in-store shoppers to pay with their smartphones at checkout.

Payment security services provider EchoSat has purchased SmartLink, a division of Heartland Payment Systems.

Payments technology provider Elavon says it is among the first payment processing companies to offer Apple Pay to Canadian businesses.

From fairly humble beginnings three years ago with the low-fee Bluebird prepaid Amex card and the Serve platform, Walmart has gotten more and more aggressive — and welcoming — with payments innovation.

It's hard to come by hard data on consumers actually using mobile wallets to pay in stores, but these consumers do exist.

New technologies are allowing us to reimagine the entire customer payment experience.

One in every three card-present transactions globally from July 2014 to June 2015 involved an EMV-chip card, according to EMVCo.

Target Corp. is tight-lipped on the details of its proprietary mobile wallet, but reports of the retailer's plan for a software-based wallet app early next year are adding to the concern that the mobile wallet market is becoming oversaturated with options too early in its lifecycle.

JetPay Payment Services, a unit of JetPay Corp., is working with the lending platform provider Credibly to give JetPay's distribution network access to Credibly's technology.