POS and Retail

Delhi’s commuters will have to wait a bit longer for a prepaid, multiuse transit card because of bureaucratic and administrative delays, an official close to the project tells PaymentsSource.

Some 221 members of the acquiring industry took the exam for the Certified Payments Professional credential during the first round of testing, according to the Electronic Transactions Association, which expects test results later this week.

Isis, still almost a year away from launching its mobile-payments application, is partnering with an industry heavyweight to serve as the security guard for its wallet.

Hold the phone! Google Wallet appears to have a security leak.

What’s good for one should be good for all, a growing list of merchants and others that accept credit cards in South Korea contend.

Executives from merchant-funded rewards companies dislike the title attached to the service they provide.

Starbucks Corp.’s ability to integrate its closed-loop prepaid card with a loyalty program has helped drive customer usage of the company’s smartphone application to make mobile payments, notes one industry observer.

By upgrading its compliance-reporting software, ControlScan Inc. plans to save independent sales organizations and merchant acquirers time and money when helping small-business merchants remain compliant with the Payment Card Industry Data Security Standard, the data-security program provider announced Dec. 2.

Citigroup Inc.’s lucrative partnership with American Airlines is widely expected to weather the carrier’s bankruptcy process.

Casio Computer Co. Ltd. plans to make available in February a handheld payment terminal designed for public employees who need to take card payments and provide printed receipts, the electronic devices manufacturer announced Dec. 1.

Payment card-based merchant-funded incentives are saturating the market, leading observers to predict market consolidation among service providers could occur soon.

Opportunities for new business are arising in Canada’s acquiring market as independent sales organizations work to develop an ISO model there, according to a report released last week by Maynard, Mass.-based Mercator Advisory Group Inc.

About 40% of the retailers and restaurant operators that sign up for merchant services with United Bank Card Inc. are getting free point-of-sale systems as part of the deal.

The Salvation Army says it is too soon to know how effective Square Inc.’s mobile payment card reader might be in securing donations at its bell-ringer locations.

Dwolla Corp. is celebrating the one-year anniversary of its national rollout by permanently waiving its transaction fee for small-ticket purchases and funds transfers.

The first round of testing ended Nov. 30 for the acquiring industry’s new Certified Payments Professional credential, and at least one candidate found the exam “appropriately difficult.”

When the hassle of managing phone calls for an inside sales team becomes severe enough, independent sales organizations and other businesses often seek the help of a third party.

Commuters in Dubai earlier this week became the first in the United Arab Emirates to be able to use one card across public transport systems and for retail purchases at stores, supermarkets and restaurants.

Acquirers representing merchants such as coffee shops and quick-service restaurants may be paying more in interchange for some small-ticket transactions under the Federal Reserve Board’s reduced debit rates than they are for cards exempt from the new rate cap, notes an attorney who frequently deals with clients in the payments industry.

A cybercrook attempting to purchase online products with fake credit cards or under a phony name likely would not be able to hide from a Retail Decisions Ltd. fraud-protection upgrade designed to enable merchants to know where their online shoppers are located, the fraud prevention consulting and payment processing firm announced Nov. 28.