POS and Retail

First American Payment Systems is bringing another mobile point of sale system into the crowded marketplace of companies seeking small-merchant business.

Samsung Electronics Co. rebooted its premium Galaxy smartphone line with the S6 and S6 Edge, featuring payment software that makes them compatible with about 90% of card readers.

Pamela Joseph, U.S. Bancorp's vice chair of payment services and a ten-year veteran of the Minneapolis-based bank, plans to retire in mid-2015.

Mere days after disclosing that Google Inc. purchased Softcard's technology and intellectual property, the telcos' mobile wallet venture began publically disclosing its plans to shut down.

Boku has released a new, cross-platform carrier billing payment technology that is designed to mimic a credit card payment.

Apple Pay has begun its foray into airlines, deploying about 3,500 iPad minis that can accept mobile payments, but it is making a slow approach to the industry.

Merchants opposed to the U.S. migration to EMV-chip cards have long questioned whether the security benefit is worth the expense of putting in new payment terminals. American Express is taking some of the cost out of the equation, but even this move might not be enough to bring most merchants on board.

Bluefin Payment Systems, a technology vendor based in Georgia, will provide mobile point-to-point encryption technology to Infinite Peripherals, a point of sale system provider.

First Data is releasing new services that stem from a strategic shift that followed the company's restructuring over the past year.

Selling offshore requires proper planning, careful selection of service providers, and a thorough understanding of each new market. But each international market represents a chance to add customers and increase revenue.

Prepaid card and ATM management company Meta Payments has reached a partnership with Ubiquity Global Services to manage customer service and other customer management.

Banks and processors often avoid small direct response businesses out of risk concerns, though the category fits right into EVO Payments International's multi-media sweet spot.

The mobile point of sale (mPOS) market is growing quickly—ABI Research says about 46% of the overall point of sale market will be mobile in four years. But the technology is complex, requiring a careful strategy.

The big antitrust ruling against American Express could set off a price war that squeezes all payment card networks -- not just Amex -- as well as card-issuing banks.

When American Express forbids businesses from asking customers to use lower-cost credit cards, it's breaking U.S. antitrust law, a federal judge ruled.

MasterCard has launched a service that's designed to bolster wallet share of corporate clients with interests in Japan.

Payment technology company Pay.On has released an open platform for its payment infrastructure that will become available to the company’s clients.

Mobile payment company iZettle is countering the idea that EMV compliance increases merchant expense by offering a free version of its mobile chip-and-PIN card reader.

Starbucks' decision to support Apple Pay within the coffee chain's mobile payment app seems like a natural alliance of two major forces in mobile payments, but it raises a significant question: Why not do the same with Square, with which Starbucks has much deeper ties?

The Australian market has used EMV-chip cards for more than a decade, necessitating a very different approach to the mobile point of sale.