Payment processing

BitPay has integrated bitcoin and cryptocurrency payments into Poynt’s Smart Terminal point-of-sale devices, reaching an addressable market of more than 100,000 retailers.

The advancement of mobile wallets has never quite aligned with U.S. dining habits, where patrons are accustomed to handing off their credit cards to wait staff — something they are less likely to do with their phones.

Relying on a "community-based" fraud approach can reduce friction and abandonment, increase sales and revenue, delight your customers, and help protect your brand and reputation, says Accertify's Jeff Wixted.

While many consumers and large businesses are keen to adopt digital, real-time payments, there are still some groups of users that tend towards longer-established payment methods that are inconsistent with the digital economy, according to Standard Chartered's Tarek Elyafi and Shantanu Vijaykumar Bhosale.

Square is adding to its menu of services just as long-established competitors embed expanding payments technology into their own product mix.

Mastercard Inc. won approval to set up a bank card clearing business in China, gaining access to a $27 trillion payments market as part of the nation’s financial opening, though more regulatory steps will be required.

Sports betting is a boon for gaming payments, but technology compliance has long odds, says Global Payments Gaming Solutions' Christopher Justice.

Barclays, which processes nearly half the U.K.’s credit and debit card transactions, has signed a multi-year partnership that extends its 50-year relationship with Visa.

Financial institutions and payment companies are embracing the cloud, but they hoped for better results, Maria Allen of Unisys contends.

Point of sale credit can be an alluring option for consumers who are normally averse to taking on debt. The allure is also enough to draw support from one of Australia’s largest banks and the digital merchant acquiring giant Stripe.

Fraudsters are smarter and more devious than ever before. With that evolution comes an increase in successful fraud attempts, seen especially by companies that do not practice modern payment safety protocols.

Breaking into the POS credit market is nearly impossible for payment companies without cooperation, says Jifiti's Nufar Segal.

Nacha is readying its network to meet with the demands of its financial institution members.

Wirecard has teamed with wirecube, an Austrian software maker of digital retail checkout technology, to pilot cashierless checkout targeting travelers in Munich’s airport.

Visa typically adjusts its interchange rates every April and October, but this year it is getting an atypically strong response.

Accounts payable teams are under a mountain of invoices and have little time to process. That means costly invoice problems fall through the cracks, says AppZen's Anant Kale

Lightspeed POS is combining a new payments platform with its business management tools for small businesses and restaurant merchants in the U.S. and Canada.

Firms will need to adjust to ISO 20022 and new SWIFT rules as data protection takes center stage, says says ACI Worldwide's Craig Ramsey.

Inertia or resistance to change have kept small businesses from making the move to more modern systems, says Clover's Mark Schulze.

Instead of a live caller engaging in social engineering with a single prospective target, automatic dialers call thousands of people, instructing them to call bogus telephone numbers purported to belong to the IRS, Social Security Administration, or their bank, says The Santa Fe Group's Bob Jones