Point-of-sale

The technology revolution requires ISOs and agents to pursue merchant relationships based on a range of services in addition to traditional hardware.

The processor has launched its Integrated Solutions Group, a new segment that focuses on software development tools for integration with First Data platforms.

Vantiv Integrated Payments has launched triPOS Cloud, which allows independent software vendors to manage payments hardware from the cloud.

Montreal-based Acceo Solutions Inc. and Mastercard have formed a new partnership to expand Acceo’s in-store payment offering for global e-commerce merchants.

One of the chronic flaws of retailer-driven loyalty programs is that often it’s hard to actually get the rewards. Consumers complain that it takes too long or steps required are too cumbersome to conveniently redeem their points.

Pax Global Technology has landed what it describes as a major deal to distribute its payment terminals to Chinese merchants through China UnionPay Merchant Services [UMS].

Merchant acquirers say the industry has worked over the course of decades to improve its ethics. But some acquirers report that deceptive practices and dubious tactics still exist, and that the card brands could do a better job at enforcing their own rules.

Merchants should check operating systems, since the PC-based operating systems which run most legacy point of sale software have security flaws and are targets for malware.

Amazon.com has set the standard for e-commerce with fast delivery, invisible payments and many other perks that keep consumers coming back to its site. Increasingly, the e-tailer has been experimenting with ways to streamline the payment process outside of the trappings of its website.

Already under fire from companies like Square, another outsider threatens to cut terminal makers out of the loop. It's up to device makers to adapt.