Payments

WorldPay opened its first China sales office to help it reach more merchants who accept payments online.

MasterCard has entered an agreement to buy Pinpoint Pty. Ltd., a Sydney, Australia-based provider of loyalty and rewards services in the Asia Pacific region.

Creditron and MediStreams are teaming to automate payments processing for small to mid-sized health care practices, which typically manage transactions and consumer records manually.

Many e-commerce merchants are not set up to accept the payment methods local to Brazil, Russia, India and China (referred to as the BRIC nations), and BlueSnap aims to work with these merchants through a series of new templates.

DES MOINES, Iowa — Momentum is building for debit EMV as the SHAZAM Network and Visa Inc. announced an agreement Wednesday to enable issuers to use Visa's common debit application identifier (AID) for Visa- and SHAZAM-branded cards and transactions.

Optimal Payments and Caesars Interactive Entertainment have expanded their partnership for online gaming payment processing.

Payment technology provider Merchant Warehouse has agreed to market services from the hospitality mobile payments vendor TabbedOut.

SCVNGR's LevelUp is reducing its mobile wallet's transaction fee from 2% to 1.95% in its continued attempt to shave interchange costs.

Fitness4Less plans to cut its costs for handling payments by 80% by switching from a third-party payment processor to a system it controls in-house through an application programming interface (API) from Fundtech.

Winning in the mobile world means driving revenues, acquiring new customers, and accelerating transactions. Mobile capture apps need open platforms and frameworks for apps that can be optimized for multiple uses and customized for their organization’s documents, customers, user experience and requirements.

RANCHO CUCAMONGA, Calif. — CO-OP Financial Services has entered into an agreement with Visa to make the Visa EMV common debit solution available to its credit union clients.

The restaurant chain Buffalo Wild Wings will use the NCR Aloha Online Ordering system in its 1,000 company-owned and franchised locations in an effort to improve its takeout ordering business.

Ten years from now, members of the acquiring industry may have fond recollections of the nation's transition to mobile payments, says Brian Mooney, CEO of Bank of America Merchant Services.

Santander's Polish subsidiary is linking its mobile banking app to a merchant marketplace where purchases of deliveries, flowers and transit fare can be funded directly from the user's bank account.

Facebook is reportedly close to obtaining a license to operate as an electronic money institution in Ireland, a move that builds on the company's years of experience handling payments on its home turf.

ARLINGTON, Va.—The federal appeals court decision to uphold the Fed's debit interchange guidelines is expected to drive more EMV conversions and send merchants' fight for lower swipe fees back to the open market, say industry analysts and credit union CEOs.

An engineering student at Lund University in Sweden has created software that allows shoppers to pay for food by scanning their hands.

International translation service Welocalize has found payments to be a particularly tough language to crack, so it's embarking on a technology project that's designed to improve the system it uses to pay its many diverse business partners.

Visa has created a new top post overseeing risk and public policy and named its next general counsel.

Mobile wallets and mobile point of sale systems have tried many tactics to win over merchants by cutting costs. Some vendors have been extremely inventive in how they push cheaper payment options.