Payment processing

Planet Payment Inc. has entered a multi-year extension for its agreement to provide multi-currency payment processing services for Network International LLC.

Corporate payments provider Wex will acquire the assets of ExxonMobil’s European commercial fleet fuel card program, called the Esso Card.

The Harland Financial Solutions brand is being retired effective at year-end and will be replaced by the D+H brand. Toronto-based D+H acquired Harland Financial Solutions in July, bringing to more than 6,200 the number of credit unions and banks serviced by the combined entity.

The Twitter initial public offering culminated with the ringing of the New York Stock Exchange's opening bell Thursday, the social media site becoming a public company valued at more than $14 billion. But Twitter co-founder Jack Dorsey isn't done with Wall Street yet, as he's reportedly begun exploring an IPO for Square, the mobile payments startup he co-founded in 2009.

Harbortouch has released its Perkwave integrated point of sale terminal with EMV-chip and Near Field Communication capabilities.

Decoupled debit cards, which enable payments from a checking account at a separate bank, are getting a lift from gas stations — but the product is also under fire from new products, including mobile wallets.

ACI Worldwide completed its $109 million acquisition of electronic billing technology developer Official Payments Holdings.

On Track Innovations Ltd. (OTI) plans to ship 40,000 Near Field Communication payment readers to North America by the end of the year.

Square Inc.'s new partnership with Staples treats the office supply seller as both a distribution channel and a showroom for its Square Stand point of sale system.

HIG Capital's April acquisition of Pegasus Financial Services has resulted in the creation of Onyx Payments, which will process payments and provide financial services software to the hotel and travel agency industries.

Visa Inc. has partnered with Blue Label Mexico to bring electronic payments to hundreds of thousands of small merchants.

As the U.S. adoption of EMV-chip cards encounters legal roadblocks and merchant opposition, critics have questioned whether the card networks' October 2015 deadline is overly aggressive.

MasterCard, echoing remarks made 16 hours earlier by Visa, is placing security at the heart of its emerging payments strategy.

Signature Card Services is bringing a dose of e-commerce to the U.S. migration to EMV-chip cards.

Visa Inc. posted a fiscal fourth-quarter profit that matched analysts’ estimates as U.S. retail spending strengthened.

PayPal is offering to waive $50,000 in processing fees for startups designing mobile or Web-based services through the eBay unit's Startup Blueprint Program.

Heartland Payment Systems is making investments in tablet technology to attract merchant clients while combatting mobile payments startups.

WorldPay has received American Express' EMV payment processing certification, which means the processor is compliant with Amex's requirements for handling chip-card payments.

Isis and Google have been very publicly testing their mobile wallets, exposing the developing technology to harsh scrutiny, and both companies say their hardships are about to pay off.

The Merchant Customer Exchange has signed many of the biggest names in retail, but it has yet to release its mobile wallet — and it asks merchants not to act hastily as they see other options clutter the market.