Retailers

The term real-time payments is a slight misnomer. It focuses the industry and the market on the outcome instead of the input.

Tablet-based point-of-sale provider Appetize has landed the contract to provide terminals at the new U.S. Bank Stadium in downtown Minneapolis, where games for the NFL Minnesota Vikings, and other special events will take place.

The American payments industry is slowly, painstakingly inching its way toward faster payments. Not real-time payments, necessarily, mind you – but faster payments.

Visa Inc. appealed to the public as it responds to Walmart Stores Inc.’s decision to stop accepting the network’s cards in Canada, accusing the retailer of “unfairly dragging” millions of shoppers into private negotiations over card fees.

Ally Financial has introduced its first credit card, as the online bank continues to add products to complement its staple car loans and online bank.

Despite some early success, it can’t be ignored that there are still many merchants that cannot accept EMV chip cards.

A new assault on the major card brands over debit transaction routing got a boost this week when Home Depot sued Visa and MasterCard, alleging the card brands are pushing for the more expensive signature debit routing.

Merchants and cardholders alike have been challenged by the perceived additional time to complete the EMV transaction. These concerns pushed both Visa and MasterCard to create a response to improve the speed of transacting: Visa's Quick Chip and MasterCard's M/Chip Fast.

Caffe Ladro's had an online store for years, but it's never been as important as it is today, as the Seattle chain faces competitors — including the notoriously tech-savvy Starbucks — that have stretched the limits of how to sell coffee online and through mobile devices.

To survive and thrive in the rapidly evolving post-magnetic stripe landscape, U.S. merchants may do well to look to Brazil – a flourishing e-commerce market that completed its EMV liability shift in 2011.