POS and Retail

Now the CEO of the mobile point of sale provider ShopKeep, Norm Merritt previously headed the global outsourcing company iQor and brings with him a few ideas about how to make big money by serving small merchants.

The new Amex Express Checkout service bears a passing resemblance to rival products like Visa Checkout, MasterPass and PayPal. But that similarity is only skin deep.

With the U.S. EMV migration deadline looming and merchants urged to add encryption and tokenization as well, Transaction Network Services sees an opportunity in helping clients manage all of this technology.

MasterCard's decision to do a 500-person trial of facial recognition for payment authentication next month may seem like a bold move in security, but it's really taking aim at friction.

QR codes, a relatively old technology, are back in the spotlight thanks to a consortium of retailers led by Walmart and Target that plan to use the codes in their CurrentC payment technology.

Vantiv has bulked up its merchant services capabilities through a series of acquisitions, a strategy that's making it more attractive to financial institutions.

New merchant technology is rapidly hitting the Australian payments market, putting acquirers on the spot to address the changes or risk losing relationships.

Total System Services (TSYS) has renewed its contract with Minnesota's U.S. Bank, one of the largest banks in the U.S.

Payment Alliance International, a Kentucky-based independent sales organization and ATM provider, has partnered with charitable fundraising firm Digital Processing Solutions to create a new "Digital Donations" program accessible through ATMs.

Most merchants are trying to eliminate the barriers between their online and physical storefronts, yet the U.K. retailer John Lewis has put a small but meaningful barrier between these two channels.

Knowing the value of your proposition and the buyer are two of the hardest things the owner of an SME can ever learn, but both can hurt adversely affect business payments.

The migration to EMV-chip cards is proceeding at a slow crawl at many merchants. But in the restaurant industry in particular, many proprietors see it as an unnecessary ingredient.

As the United States begins its efforts to reduce credit card fraud by transitioning to EMV, another type of card—the online gift card—could see its fraud risk skyrocket.

When mom-and-pop merchants need a loan, they are increasingly turning to some big names in the payments business, which are quickly becoming noteworthy players in small-business lending.

As with everything else in Vegas, marketing to local commuters is a game of chance.

Amongst all the hype and bluster around mobile payments, consumer adoption has lagged, and a fundamental question seems to be largely overlooked – why use mobile payments?

The ACHBanking payment processing gateway has added Office of Foreign Assets Control standards to its service to better comply with regulations for preventing fund transfers between parties on government watch lists.

As more retailers consider uses for tablets in their stores, Moki Mobility Inc. figures it is in the right place at the right time to offer its cloud-based point of sale management technology.

Payment providers that don't move to support more integrated digital commerce may find themselves unable to serve the "connected consumer" of the future.

Consumers in China are making more purchases online than in-store, prompting the country's retailers to support payment options that are normally associated with e-commerce.