Payment processing

Total System Services (TSYS) is working with well-known brands like Western Union and Brinks to boost adoption of prepaid cards as the CEO of its NetSpend prepaid unit prepares to leave the company.

Payments provider Shazam Inc. has agreed to make MasterCard's EMV debit application available to participants in the Shazam electronic funds transfer network.

San Francisco-based Pose, one of the many companies in the cloud-based mobile point of sale market, aims to differentiate itself by eliminating its $49 monthly subscription fee.

Cardfree, a mobile payments provider run by several of the people who designed the successful Starbucks mobile payment app, is using cloud-based technology to simplify the process of deploying its technology as it eyes international markets.

Mobile point of sale provider Appetize is targeting entertainment venues and music festivals, a niche that's often a testing ground for payments technology.

People's United in Bridgeport, Conn., has started a payments firm in partnership with Vantiv in a move that aided the company's quarterly results.

There have literally been dozens of tablet-based point of sale solutions introduced to the retail market and with reason. The demand for a better point of sale software solution has been increasing rapidly.

Powa is reaching out to individual software vendors around the world in an attempt to accelerate integration of its point of sale tools with local mobile apps.

First Data's sale of $3.5 billion of its common equity in the private placement market closed on Friday, July 11.

First Data Corp. has added technology from Perka, its customer loyalty subsidiary, to its Clover Station point of sale tablets. This is the latest of several updates First Data has made to boost the appeal of its Clover offering.

Dan Henry is leaving his job as chief executive of NetSpend effective July 31, and will be succeeded by Chuck Harris, who is president of the prepaid card company, a unit of the processor TSYS. Henry's exit will be the second departure of a top TSYS executive this month

Bitcoin enthusiasts are serious about Bitcoin merchant adoption, some might even say obsessed. But cryptocurrency nerds may find their obsession lucrative with BitPay's referral program.

MasterCard and Sacombank are equipping the Ben Thanh market in Vietnam with mobile point of sale capabilities, introducing digital payments to what had been a cash only market for more than a century.

American Express’ network rules have deterred Discover from using lower interchange rates to lure more merchants, a high-ranking Discover executive testified in federal court July 10.

DoubleBeam, a mobile commerce solutions provider, is partnering with SK Planet Inc. to integrate its Slyde beacon-enabled shopping app into the GoPago mobile point of sale system.

Affirm, a consumer finance service in San Francisco, has introduced Split Pay, a program that allows online merchants to offer consumers competitive installment-based payments at the point of sale.

PayPal may not be trying to become a merchant's bank in providing working capital and next-day settlement on fund transfers, but the payments unit of eBay Inc. is trying to make it harder for its merchants to consider another provider.

If Seamless Distribution AB is going to pitch U.S. merchants on being able to duplicate the successful Starbucks mobile payment experience at their businesses, its new relationship with prepaid product provider InComm potentially provides a significant boost.

Merchants who have been quick to complain about the cost of accepting card payments at the point of sale haven't always calculated the true cost of accepting cash in comparison, a new Aite Group study says.

In Ireland, credit unions are speeding up the launch of their electronic payment alternatives and working with Visa and MasterCard to offer debit cards to compete more aggressively with local banks.