Retailers

Transaction aggregation eventually could save the vending-machine industry from the ravages of the Durbin amendment to the Dodd-Frank Act, according to one processor of electronic payments from vending machines.

ORLANDO — To hear Canadian payments experts talk about the EMV smart card conversion that took place in their country three years ago, one mantra comes to mind: “He who hesitates is lost.”

Two strategic acquisitions at the end of 2011, one in the United Kingdom and the other in Mexico, helped fleet card provider Fleetcor Technologies Inc. on June 9 to report double-digit increases in first quarter revenue and income. Transaction volume also rose 54% year over year, the company said.

In a deal that could enhance shopping at one of China’s leading supermarket chains, China PnR Mobile Payments Solutions Pvt. Ltd. recently announced it would provide supermarket retailer Suning Tesco Inc. with mobile-payment services.

ControlScan Inc. has acquired a company with a product designed to help merchants comply with Payment Card Industry data security standards.

Can banks turn a single payment into a shopping spree? With mobile offers, edo Interactive says it's possible.

Phoenix Managed Networks contends it has established enough interest in the United Kingdom for its merchant fraud-prevention services that it plans to cast a wider net to pull in more clients.

MasterCard Worldwide is joining the fray with a versatile mobile wallet, but its offering has a slightly different twist from that of competitors.

As the restaurant industry continues to evolve with more catering, curbside order-taking and food delivery, owners want easier ways for their employees to accept card payments, regardless of the location of the sale.

When Square Inc. launched its mobile card reader in 2009, VeriFone Systems Inc. was on its heels with PayWare Mobile. Now the terminal maker is ready to roll out another rival to Square with a product it calls Sail.

Wal-Mart Stores Inc. will not support U.S. contactless payments anytime soon.

The software that independent sales organizations use to run their businesses–sometimes called customer relationship management tools–is coming of age as vendors make their products easier to customize for individual businesses.

Merchants are pleased–but not entirely surprised–to hear that the U.S. Department of Justice's antitrust division is taking a close look at Visa Inc.'s unpopular fixed merchant acquirer fee.

Mozido LLC’s partnership with Mumbai-based Tata Consultancy Services expands the market for Mozido’s digital-wallet platform and gives Tata Consultancy Services another mobile platform to combine with its proprietary products.

Nebo Djurdjevic figures recent developments affecting the cost of doing business in the U.S. payments industry have opened a door for his software company.

First Data Corp. on May 2 reported a first-quarter loss of $153 million, narrowing from a loss of $217 million a year earlier, as its operating income improved.

Heartland Payment Systems’ first quarter earnings benefited from an economic recovery boost that helped improve same-store sales among its small and midsize customers.

This story was updated from its original version.

A consulting firm that helps companies reduce their transaction costs is now flipping the model upside down to maximize acquirers’ pricing.

China UnionPay and Taishin International Bank Ltd. have signed a memorandum of cooperation to expand acceptance of UnionPay credit and debit cards in Taiwan, the companies announced last week.