Payment processing

The ATM Industry Association has published a best-practices guide for decommissioning ATMs at the end of their seven- to 10-year lifespan.

Direct carrier billing is becoming more popular as consumers see the convenience and merchants are more willing to accept higher transaction fees to increase sales, contends Zong Inc., a mobile-payments platform provider.

IDBI Bank Ltd. has become the second bank in India to support cash withdrawals initiated at point-of-sale terminals, a spokesperson for the Mumbai-based bank tells PaymentsSource.

Discover Financial Services’ person-to-person payments service, Money Messenger, is now available to cardholders.

In 2008, glassblowing entrepreneur Jeremy Pyles outgrew his small-business banking service from Bank of America Corp. So he switched to a service offered by a nonbank, Bill.com.

The ATM Industry Association has published a best-practices guide for decommissioning ATMs at the end of their seven- to 10-year lifespan.

PNC Financial Services Group Inc. has updated its Virtual Wallet application for the Apple inc. iPhone to include mobile check capture, the bank announced April 11.

SIMalliance is opening its software to third-party developers in its effort to discourage hackers’ attacks against wireless devices.

WASHINGTON – Jaws were dropping around Capitol Hill last week as CUNA President Bill Cheney began a tour of Senate offices with Camden Fine, head of the credit unions’ most virulent enemy, the Independent Community Bankers Association, to lobby for delay of the interchange rule.

A federal judge last week denied American Express Co.'s bid to have an antitrust case against it dismissed.

Two more banks in India have joined a select few others that enable customers to pay their income taxes at ATMs.

Merchants have warmed up to the idea of banding together to fight fraud in recent years, and First Data Corp.’s improved fraud-detection system that anonymously shares information about the online purchases of client retailers’ customers could help to accomplish their fraud-detection needs.

FreedomPay Inc. is opening up its payment and transaction gateway to third-party developers, the company announced April 8.

The top banks once uniformly processed large payments before small ones. Now they're processing high to low, low to high and everything in between.

Isis, the mobile payment venture founded by AT&T Inc., Verizon Wireless and T-Mobile USA, said it is opening up its network and preparing for a pilot next year.

Transaction processor First Data Corp. has launched Fraud FlexDetect, an e-commerce fraud-detection and prevention service, in collaboration with Accertify Inc., the companies announced April 4.

Consumers in Taiwan soon might not be able to pay for gas using their credit cards because the state-owned gas retailer later this year may be without a credit card processor.

The French terminal maker Ingenico SA said Monday that it is buying Hypercom Corp.'s U.S. payment systems business for $54 million.

Global Payments Inc. is trying to offset weak margins on its ISO-driven United States business by building strength abroad, an analyst says. In the short run, that leaves the Atlanta-based merchant processor with strong revenue growth and flat income.

Vivotech Inc.’s attempt to acquire a piece of Hypercom Corp. could be a move to resist the effects of consolidation among larger terminal makers.