Payment processing

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.

First Data's acquisition of marketing specialist Perka not only ups First Data's game in the loyalty space, it's also another sign that processors are willing to open their own wallets to ad digital expertise to woo merchants.

TAS Group has upgraded its card management software to allow banks to quickly design new EMV chip-based payment products and develop related programs.

Dunn Brothers Coffee has rolled out a mobile payments and loyalty app across its network of 80 locally-owned shops.

Financial institutions rely on debit cards to create consumer loyalty and engagement, and the product's business case hasn't been diminished by rising costs and regulatory uncertainty.

With its purchase of NetSpend closed, the processor Total System Services (TSYS) is beginning to use the prepaid card marketer as a lure for financial institutions and merchants.

The migration to EMV cards in the United States remains complicated by the unresolved legal issues surrounding the Durbin Amendment's implementation.

Just as Square invented a plug-in device to bypass the gatekeepers of the payments industry, banks may be able to turn the tables with a plug-in device designed to bypass the gatekeepers of the mobile industry.

Visa Europe's Steve Chambers is joining Monitise's board as a non-executive director.

Flint has released an Android version of its swipeless mobile card acceptance product, which relies on the smartphone's embedded camera to scan an image of a card to accept payments.

Udi's, which operates a group of cafes and pizza establishments in the Denver area, just launched a customized mobile payments program with the goal of obtaining the data that is normally invisible to it when patrons pay with credit and debit cards.

If independent sales organizations aren't willing to shift their business models in the coming years, they'll go extinct in a payments industry bustling with aggressive, agile startups that skip the middleman and go directly to the merchant.

Mobile point of sale processor payworks and European hospitality technology provider Orderman are designing mobile terminals for chip-and-PIN cards.

PayPal's plans to extend its payments business inside of stores includes technology that attempts to reduce the need for customers to wait in line at the cash register.

As new mobile payment options storm the market, plastic cards refuse to bend, according to a new study of consumer habits.

Revel is offering PayPal’s mobile payment capabilities as an integrated service within the Revel point of sale system.