Retailers

Revosys Inc. has no illusions about immediately dethroning VeriFone Systems Inc. as the top provider of in-taxi payment systems. But it does believe payment and security upgrades to its in-taxi advertising system could measure up.

Intuit Inc. has officially launched a prepaid card account where even unbanked merchants and individuals may deposit their GoPayment sales, the company announced Dec. 20.

VeriFone Systems Inc. is ready to go live with its first content partner for a system that plays videos on gas-station payment terminal screens: NBCUniversal Inc., the terminal vendor announced Dec. 19.

Eastern Europe gets a bad rap when it comes to payment card data security, but the region does not experience considerably more hacking-attack incidents than do other parts of the world. But it is a main source of such incidents, an industry analyst contends.

To encourage adoption of new security standards in the U.S., the most important tool is policy.

VeriFone Systems Inc. has defied the headlines decrying gloom over the European debt crisis by enjoying continued growth in the region while continuing to expand payment-terminal installations rapidly in Latin America.

Someday, such a thing as an alternative payment no longer may exist.

With the help of acquisitions and new ventures, VeriFone Systems Inc. posted a 31% increase in fourth-quarter year-over-year earnings Dec. 14, marking the sixth consecutive quarter with a revenue gain of 20% or more.

Visa Inc. may be preparing to debut its ties to Google Inc.’s Google Wallet mobile-payments scheme in London at the 2012 Summer Olympic Games, sources suggest.

First Data Corp. has introduced Global Gateway e4, an online payment gateway that offers what the company says is safe and reliable processing for card-not-present transactions, the transaction processor announced Dec. 13.

Payment Card Industry data-security standards continue to fail merchants in their most vulnerable hour, as one restaurant chain might have prevented a credit card fraud scheme if it equipped its payments systems better to address third-party intrusions, a security expert contends.

The silence is almost deafening.

Credit-union members spent 8.1% more and made 10.1% more transactions during this year’s Black Friday than they did on the same day last year, according to a new analysis conducted by Co-op Financial Services and Saylent Technologies, a provider of payment-intelligence services.

Delhi’s commuters will have to wait a bit longer for a prepaid, multiuse transit card because of bureaucratic and administrative delays, an official close to the project tells PaymentsSource.

Some 221 members of the acquiring industry took the exam for the Certified Payments Professional credential during the first round of testing, according to the Electronic Transactions Association, which expects test results later this week.

Isis, still almost a year away from launching its mobile-payments application, is partnering with an industry heavyweight to serve as the security guard for its wallet.

Hold the phone! Google Wallet appears to have a security leak.

What’s good for one should be good for all, a growing list of merchants and others that accept credit cards in South Korea contend.

Executives from merchant-funded rewards companies dislike the title attached to the service they provide.

Starbucks Corp.’s ability to integrate its closed-loop prepaid card with a loyalty program has helped drive customer usage of the company’s smartphone application to make mobile payments, notes one industry observer.