Retailers

Hoping to replicate in Latin America the success of a payment card-based loyalty program similar to Canada’s Air Miles, Alliance Data Systems Corp. on May 5 said that its LoyaltyOne unit will play a key role in Banco do Brasil’s recently announced national rollout of Dotz, a broad payment card-based loyalty program.

Mobile users in India now have the ability to purchase tickets to the cricket Indian Premier League and movie theaters using Suvidha Starnet Pvt Ltd’s mobile-payment service.

CHICAGO–A day after the Wall Street Journal reported Isis was changing its business model by working with other established payments organizations, an executive for the organization told a panel here at the Smart Card Alliance’s annual conference nothing had changed.

CHICAGO—Further delay in U.S. migration to EMV chip-and-PIN technology might be another unintended consequence if the Federal Reserve Board’s proposed 12-cent cap on debit card interchange is enforced, two analysts agreed during a panel discussion here May 4 at the Smart Card Alliance’s annual conference.

Merchant e-Solutions Inc. is rolling out a suite of mobile-payment applications on its new PayEverywhere platform, the company announced May 5

Cocard Marketing Group LLC, a Nashville, Tenn.-based independent sales organization with more than 90 offices across the nation, has renewed its card-processing contract with National Processing Co. LLC.

For all the talk about the upcoming NFC-driven mobile payments revolution at the point of sale, new research from Oracle is throwing some cold water on the hype.

National Credit Union Administration released a study May 4 showing that many small credit unions currently lose money on their debit cards but for most credit unions debit is extremely lucrative.

Visa Inc. is likely to report positive second-quarter earnings Thursday afternoon, an analyst said.

Heartland Payment Systems Inc. is adding merchant accounts and processing more transactions for its established merchants, thanks to a well-honed sales effort and a healthier economy.

Debit card issuers’ pain could be a gain for some payments processors.

Heartland Payment Systems Inc. is adding merchant accounts and is processing more transactions for its established merchants, thanks to a well-honed sales effort and a healthier economy.

Hoping to reach out to Brazil’s 75 million unbanked consumers, Banco PanAmericano SA, MasterCard Worldwide and Rev Worldwide have launched the country’s first reloadable prepaid card for everyday purchases, the Brazil-based bank announced April 29.

UC Mobile Corp. has entered China’s mobile-payments market in partnership with Alipay, the country’s largest independent online-payment platform based on transaction volume, the company announced April 21.

CHICAGO—At least one industry observer believes increasing contactless-payment adoption could help the United States to migrate to EMV chip-and-PIN technology and eventually to widespread mobile payments.

Strong processing volume among small and midsize merchants and growth in noncard operations contributed to an 13.7% increase in Heartland Payment Systems Inc. first-quarter total revenue, to $467.7 million from $411.2 million during the same period last year. Net income was down 44.4%, to $7.9 million from $14.2 million.

An increase in transaction volume at its merchants and higher debit network fees from its bank clients helped payments processor First Data Corp. increase its quarterly revenue by 6% from a year earlier to $2.5 billion.

The fraud management provider Memento Inc. announced April 28 that Bremer Financial Corp.’s Bremer Bank has agreed to use its technology.

Brihanmumbai Electricity Supply and Transport Co. soon will enable consumers to pay their electricity bills though their mobiles phones.

Fidelity National Information Services Inc., or FIS, is pushing its debit-processing network to banks and credit unions as they await the outcome of pending caps on debit card interchange fees.