Retailers

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.

TSYS Managed Services is now a wholly owned unit of Total System Services.

On the surface, Walmart Canada's decision to stop accepting Visa credit cards in protest of its fees comes across as simply another conflict between the giant retailer and the card network. But it's setting the stage for something bigger.

Subway is reimagining how ordering, payments and marketing tie together at its sandwich shops. It's in the process of launching a new division called Subway Digital, which will pool the expertise of specialists in technology, marketing and operations rather than give full rein to any one of those disciplines.

With everything they need right at their fingertips, millennials are having a major influence on a rapidly evolving consumer landscape.

JPMorgan Chase has yet to launch its Chase Pay wallet app, but it's lining up some formidable allies. The wallet's underlying technology was years in the making, giving Chase an edge in winning merchant partners while tapping into a sizable consumer base.

It’s incredibly important to take the time to learn how to properly execute a new venture, especially one as complex and valuable as omnichannel. Unfortunately, the clock is ticking for many retailers..

Since the introduction of Bluetooth beacons as enablers of in-store location-based marketing, many have seen a clear connection between beacons and mobile payments. As the technology evolves, the connection is not quite as clear.

The news that Shell Oil has agreed to accept Chase Pay at more than 6,000 gas stations couldn’t have come at a more interesting moment.

Kyle Largent offered himself up as "Exhibit A" for U.S. online merchants' greatest fear: that EMV chip card adoption at the point of sale would cause fraud to spike online.

For the first time, retailers are facing sizable costs for counterfeit transactions but still not taking measures to mitigate their own risk, raising the question – after six months, how effective is EMV in the U.S.?

Consumers enrolled in the CurrentC mobile wallet in Columbus, Ohio will be cut off after June 28 when the year-long pilot conducted by Merchant Customer Exchange (MCX) ends.

Verifone is taking a scalpel to its business after seeing soft results during its second fiscal quarter, enacting a plan to cut 5% of its personnel and look for opportunities to jettison older, underperforming parts of its business.