Point-of-sale

This rise in data breaches and their resulting cost have companies asking “Am I doing enough to protect my data?” As breaches are expected to continue escalating, taking the proper steps to protect your data has never been more relevant or important.

VeriFone Systems plans to offer a new portable card terminal that can accept EMV-chip card payments and uses several wireless technologies.

First Data has introduced new services for small to medium-sized businesses that work with its Clover Station tablet-based point of sale hardware.

Gyft, a provider of virtual gift cards, plans to launch Gyft Cloud, a marketplace for merchants to sell their own digital gift cards with Clover Station, a tablet-based point of sale system developed by First Data Corp.

The merchants who want to use Leaf's tablet for payments, called LeafPresenter, often also need transaction services. Through the launch of its online marketplace, Leaf will now be ready to offer information from a host of merchant acquirers.

In the technology market, making the jump from early adoption to the mainstream is the difference between becoming the next iPad and becoming the next Laserdisc. Mobile wallets find themselves in this very position today as a next-gen product in need of a push to reach their tipping point.

VeriFone Systems had five of its Payware EMV-enabled mobile card readers approved for the Visa Ready Program.

December’s breaches made the most headlines, but the bad news for retailers seems to keep coming every few days, alternating with the latest weather reports to make up a good chunk of every evening newscast.

Already a major card issuer in the military market, Navy Federal Credit Union is working to expand its merchant services business through new agreements with Square and TSYS.

McDonald's customers in Thailand now have the option to make credit card payments to a mobile device as part of the McDelivery 1711 service.

MyECheck, a payment technology developer, has licensed its mobile payment system to three companies.

VeriFone CEO Paul Galant says he is re-organizing the terminal maker's fragmented research and development process and improving its current cost structure in an effort to repair the company.

Payment processor CardConnect is now offering EMV-card acceptance technology from Ingenico.

Elavon's clients now have the option to add a customer loyalty program directly into their payment transaction systems, enabling shoppers to redeem rewards any time they make a payment.

NFC mobile wallets had been disregarded by some in the industry as a viable mobile payment option, but they got a boost with the arrival of a technology that will enable the card data to be stored remotely instead of within a phone. This slight change makes NFC mobile wallets increasingly more attractive as it eliminates one of its biggest stumbling blocks to adoption.

The recent security breaches at Nieman Marcus and Target remind us in the payments industry that as criminal efforts to steal cardholder data become more sophisticated, so must the methods we use to prevent these crimes.

Contactless card payments are building a fan base in the United Kingdom, where their use has spiked in the past year, but the product is still a long way from replacing magnetic-stripe cards.

McDonald's customers throughout Sweden can now pay for their meals with their phone using Seamless' QR code-based mobile wallet, SEQR, from within the McDonald's app.

First Data Corp. has appointed Frank Bisignano as the Atlanta-based company's chairman, adding to his role as chief executive officer.

As evidenced by recent high-profile data breach incidents at major retailers , keeping payment data secure in today’s world is an increasingly complex challenge.