Payment processing

If consumers were worried about a government shutdown or stalled debt ceiling talks affecting the economy, they didn’t show it by holding off on credit card spending in October, a First Data Corp. report indicates.

Mobile point of sale terminals are projected to reach 46% market penetration by 2017, up from the 17% share of the point of sale terminal market that mobile systems held in 2012, according to a whitepaper by Mobey Forum.

The number of credit cards issued by banks and retailers hit five-year highs between January and August, according to the latest Equifax National Consumer Credit Trends Report.

Vodafone Group marked the launch of its European mobile wallet initiative in Spain, revealing plans to expand it into Germany next month and other parts of Europe early next year.

Electronic payments provider ACI Worldwide inked a nine-year extension to service 24,000 ATMs across the U.K. for VocaLink, the country’s payment infrastructure provider.

Spire Payments’ point-of-sale terminals will be available to merchants in Australia through a partnership with independent sales organization Keycorp Services Ltd.

Brooklyn is teeming with New York natives and tourists alike, and the borough's merchants sometimes struggle to keep up with the activity. Several are using mobile point of sale systems from companies like ShopKeep to cut through the chaos.

Airtag figures it has landed its mobile payment system in the right places at the right time, concentrating on the fast-food and grocery markets.

The wireless carriers' Isis mobile wallet venture is launching a new program to build merchant support for its technology.

PayPal and MyCheck are going to New York's theater district to set the stage for mobile payments. The companies are targeting restaurants with MyCheck’s pay-at-the-table technology.

European point of sale technology provider Spire will be the sole supplier of mobile chip and PIN payment devices for Smart TPE, Credit Agricole's mobile point of sale initiative in France.

Square has updated the design of its Square Register app in an attempt to improve user navigation and provide a consistent experience across different operating systems such as Google's Android and Apple's iOS 7.

Online PIN debit provider Acculynk now allows U.S. merchants to accept China UnionPay payments online.

Oberthur Technologies will supply First Data Corp. with EMV smart cards as part of a partnership in which both companies plan to promote use of the chip-based cards in the U.S.

VeriFone has launched UX Solutions, a suite of payment devices that support EMV-chip and mag-stripe payments.

The mobile point of sale vendor ShopKeep POS has updated its tablet-based point of sale with several new features designed to streamline its use.

With some powerful marketing, Coin, a dynamic card provider, has captured consumer attention with its magnetic-stripe card that can digitally store accounts from multiple credit and debit cards.

NCR Corp. has updated its NCR Silver point of sale system for iPad, adding features that allow a small business to grow including support for multiple locations.

Quatrro, a business processing company based in India, is launching payment processing services for credit unions, community banks and other payment companies in the U.S.

WorldPay has entered a five-year partnership to support payment processing for Direct Card Solutions, which specializes in serving the entertainment industry.