POS and Retail

An advanced strain of malware is capable of attacking Windows point of sale terminals, stealing cardholder data and upgrading itself while hiding in plain sight.

Amazon long ago redesigned the way consumers shop and pay online, and it envisions a retail environment where payments happen just as seamlessly and shoppers never even need to slow down to check out.

EMV will require new payment processes that, while seemingly small to those instituting the change, require a shift in behavior that could feel monumental to consumers.

MasterCard is betting that there is a third choice besides plastic cards and mobile wallets. And that choice is one that has sputtered in the past.

Costco Wholesale Corp. has attained a goal that retailers have sought for years: near-zero expenses for credit-card payments.

Google's rumored bill presentment service, called Pony Express, is still in development and has not been officially announced. But the email-based payment service has the potential to disrupt the banking world — if it can overcome the significant obstacles ahead of it.

MasterCard has joined forces with celebrity chef Marcus Samuelsson to deploy its Qkr app at the product's first restaurant location in the United States.

Taco Bell will start its first customer-loyalty program later this year in an effort to keep diners coming into the restaurants regularly.

In the payments’ context, establishing an inclusive process is easier said than done, since the majority of stakeholders interact with payment systems at the periphery without much awareness of its inner workings. While payments are often compared to a "plumbing system" or rails, it's actually more helpful to see the ecosystem as a "highway."

The Payment Card Industry Security Standards Council released its 3.1 update to the industry's data security standards April 15 to address the payment data vulnerabilities of the Secure Sockets Layer encryption protocol.

With ample fueling from mobile transactions, the potential for converting point of sale data into CRM and marketing data is massive. But as full of potential as this merger is across all retail purchases, it's particularly strong down market—and the smaller the business, the better.

The restaurant chain Olive Garden will begin using Ziosk tablets to accept payments at the table starting next month.

Google’s announcement of Pony Express, a bill presentment and payment service, has caught the attention of many financial service providers including banks and credit unions.

Experts from the banking, retail and technology sectors gathered last week for SourceMedia's annual Card Forum and Expo, sharing their predictions for the payments industry's next step. Some were involved in Apple Pay from day one; others are looking past it to the next big thing.

Papa John's is integrating its mobile and online checkout process with Venmo, a PayPal-owned system that fuses mobile and social networking to enable person to person payments.

When costs plummet but prices stay high as ever, a market is clearly not working properly. But that's what is happening right now in the business of processing credit- and debit-card transactions, thanks to price-fixing that harms not just merchants but consumers and the entire economy.

Lyle Beckwith of the National Association of Convenience Stores argues that debit card interchange is unfairly high. But this argument ignores several key points.

After a making a number of adjustments to overcome a shaky start, Google Wallet is starting to build momentum with merchants, this week adding Shopify, Dunkin Donuts and Seamless to the roster of companies supporting the search company's mobile wallet.

With only six months to go before the EMV chip-card liability shift takes effect, many U.S. merchants are not yet aware of the EMV migration.

BBVA Compass is launching real-time payments through Dwolla, but the really interesting part is what's going on beneath the surface: the bank is opening its technological black box to a nimble startup in order to speed innovation.