Retailers

SecureKey Sees Investment Capital As A Boost For Online And Mobile Software Rollouts

Merchants have never before had so many options for accepting cards, but a stubborn core that deals only in cash may never change its ways.

Buffalo Wild Wings is all about overwhelming its patrons with options — it has over a dozen wing sauces to choose from, and it is testing a system that adds more variety to how people order and pay.

Elavon, a unit of U.S. Bancorp, is taking a different approach to mobile card acceptance by using a wireless card reader that is as big as the phone it pairs with.

It's getting harder for merchants to stick to a cash-only business model. The options for cheap - and free - mobile card readers are too numerous to ignore.

The Electronic Transactions Association is wrapping up its second month-long test period for a credential it says improves the acquiring industry's credibility with merchants and gives participating independent sales organizations and sales agents a competitive advantage.

Merchant acquirer banks using ACI Worldwide Inc. processing software will get some fresh help in managing merchant accounts and handling payment settlements.

VeriFone Systems reported that its second-quarter net income dropped roughly 42%, to $14.5 million, from a year earlier as expenses rose.

Vantiv is offering Ingenico's new point of sale products in an effort to prepare the industry for the EMV chip-card standard and Near Field Communication technology.

Independent sales organizations can present themselves as consultants by specializing in offering card-acceptance services to just one or two types of clients and really getting to know those businesses.

Small merchants often have only the foggiest notion of what constitutes a secure electronic payment, so a security vendor specializing in Payment Card Industry data-security standards compliance is providing a primer on the subject.

India’s largest and most populous state of Uttar Pradesh plans to enable customers to pay their electricity bills online in hopes of providing a smoother experience and increase revenues.

Isis’ May 15 announcement of an expanded list of merchants who will participate in the soft launch this summer in Salt Lake City and Austin, Texas, should clarify to the industry that the telco-led mobile-commerce platform inevitably will roll out nationally, an Isis executive tells PaymentsSource.

Ottawa, Canada, has joined a growing list of North American cities supporting mobile payments for parking.

Phoenix Managed Networks has secured the services of a Canadian payments company to distribute routers and software for its PaySecure fraud-prevention service, the payment network services provider announced May 15.

Some 15 years after the first EMV chip cards appeared, less than half of all payment cards worldwide conform to the EMV chip card standard, underscoring the slow, gradual speed EMV card deployments generally require.

A tokenization services vendor has shifted its emphasis from the core to the edge of retailers’ computer systems and is seeking independent sales organizations to promote its product.

99Bill Corp. is targeting Chinese small and midsize businesses in its launch of a Square-like smartphone payment card reader, the Beijing-based third-party payments provider announced last week.

ORLANDO–If the annual Card Forum and Expo staged here last week were a car on a family trip, attendees played the roles of restless kids in the backseat asking, “Are we there yet?”

Banks in India may soon tap into a new way to monetize their ATMs by selling ads to other financial services providers and partners.