Retailers

There’s a scene in “The American President” in which Richard Dreyfus, who plays Robert Rumson, a senator and presidential challenger to Michael Douglas’ President Andrew Shepherd character, speaks with a potential donor in New Hampshire. Having won her support, the Dreyfus character proclaims “I’ll be taking that money off your hands right now.”

The Electronic Transactions Association is pressing Visa Inc. to postpone the April 1 starting date for the new Fixed Acquirer Network Fee.

The Electronic Transactions Association is urging Visa Inc. to postpone the April 1 starting date for the new Fixed Acquirer Network Fee.

Discover Financial Services is partnering with the National Payments Corp. of India, part of the company’s ongoing effort to increase card acceptance abroad by teaming with local networks.

LAS VEGAS–The U.S. may look like a ripe field of opportunity to some international vendors of EMV card technology and related services as the world’s largest remaining magnetic stripe card market slowly begins a five-year conversion to chip technology.

Hoping to improve on its new-user sign-up total a year ago, Exxon Mobil Corp. this year is adding a month to a promotion that gives Speedpass users 15 cents off each gallon of gas they buy.

When something is amiss at a location relying on tight security, officials often immediately implement a systems “lock down.” Imagine the same scenario on a merchant’s payment system, and one can start to understand how PaySecure software works.

LAS VEGAS–The relatively late timing of the U.S. move to adopt the EMV smart card technology means it could dodge some of the headaches other countries experienced in shifting to EMV.

LAS VEGAS–Brace for more merchants to begin developing proprietary digital wallets at the same time they announce their participation in broader wallet schemes.

Merrill Halpern received an “unexpected benefit” when traveling recently in Europe without an EMV smart card in his wallet. He got a free cup of coffee from a coffee shop employee who felt sorry for him because she couldn’t initiate the transaction on her terminal with just Halpern’s signature.

Online food-delivery service Eat24.com has increased the number of ways its hungry customers can pay for food from their favorite restaurants.

The complexities of enabling U.S. merchants to accept EMV contactless smart cards and various mobile-payment technologies represent a significant revenue opportunity for VeriFone Systems Inc., company executives told analysts March 5.

LAS VEGAS–Pushing a new mobile-wallet scheme is tough when each week seems to bring news of more potentially daunting new contenders.

American Express Co. is encouraging independent sales organizations to use Small Business Saturday to stimulate transactions, increase charge volume and differentiate themselves from competitors.

Citing the completion of its acquisition of Swedish payments provider Point, VeriFone Systems Inc. on March 5 posted a 40.4% increase in fiscal first quarter year-over-year earnings.

Following a data breach, merchants are required by law to notify a host of authorities and agencies, a daunting task that presents an opportunity for ISOs and agents.

LAS VEGAS–The number of EMV payment smart cards shipped worldwide passed the 1 billion mark in 2011, the Smart Payment Association announced here March 5 at the inaugural Cartes in North America Expo & Conference.

This story has been updated.

Square Inc., an early and successful contender in mobile-payment acceptance, has launched a new system that it says can replace a traditional cash register.

Isis is working with several major payment system providers to allow merchants to accept its system at the point of sale, the carrier mobile payment venture announced March 5.