Payment processing

What did mobile wallets look like before Apple and its peers invented the consumer smartphone market and launched App Stores to distribute systems like Passbook, Isis and Google Wallet?

Payments associations and organizations applauded Visa Inc.'s Feb. 4 move to address one of the most nagging EMV smart-card migration issues in the U.S., but they are not ready to say all their problems have been solved.

Amazon.com Inc. today announced plans for Amazon Coins, a virtual currency for its Kindle Fire tablet.

VeriFone Systems Inc. said Chief Executive Officer Douglas Bergeron’s trading was the subject of inquiries by the U.S. Attorney and Securities and Exchange Commission, which ended their probes without action.

It's shopping season in the payments industry. Just last month, Ingenico, ACI Worldwide and Fidelity National Information Services announced separate acquisitions. Many other companies have bought their peers in recent months.

Boston-based independent sales organization Merchant Warehouse is launching its Genius payment acceptance product for general availability. The system has been in testing since June 2012.

American Express Co. finds itself swirling in the middle of anti-trust litigation and proposed settlements that the company isn't directly a party to.

Total System Services Inc. extended an agreement to provide processing and support to Payment Alliance International.

Canada's right next door and has lots of English speakers, so it might seem the ideal place for American independent sales organizations to expand. But the two countries' business and cultural practices differ in ways that Americans may not expect.

Mainstream consumers are still slow to adopt newer payment technology, but several cities are pushing ahead of the rest of the world.

Synqera is trying to set itself apart from rivals in the targeted-offer crowd by using point-of-sale hardware with data collection tools that look at everything from weather patterns to the shopper's mood.

Priority Payment Systems LLC has signed up for payment processing services from TSYS, or Total System Services Inc.

Little-known global payments provider Adyen processed $10 billion worth of transactions in 2012, a new record the company points out is on par with the volume of mobile payments processor Square. So does this mean that Adyen is becoming a threat to Jack Dorsey’s brainchild and other processors?

Mobile apps and personal financial management sites that attempt to analyze consumer’s spending habits and draw forecasts and conclusions about what the consumer should be doing pose risks, one expert says.

Sean Harper, director of products at Groupon Payments, shares his vision of the future of mobile payments and details why Groupon believes its business model can stand out among both traditional card terminal providers and mobile payments processors.

Plimus Inc., an e-commerce services provider, attracted more than 5,000 customers in 145 countries without much marketing. That user base hints at the growing demand for processing technology that equips merchants with payments mechanisms on their e-commerce websites.

Go Daddy will implement First Data Corp.’s technology to provide online payments processing services to small businesses.

Merchants in the British Virgin Islands will soon have a new mobile card reader available to accept card payments through their smartphones.

Green Dot is taking a lesson from Radiohead, oddly enough, and giving customers control of one of the company's mobile bank account fees.

PayPal, facing a growing tide of consumer complaints, is changing its approach to fraud monitoring. But the eBay unit has provided few details of its plans, leading some to wonder whether it will be able to appease the consumers that say they've been wrongfully ensnared in its fraud-fighting net.