Retailers

IP Commerce Inc. will use Retail Decision Ltd.’s fraud-prevention service to help small merchants and application developers combat card-not-present fraud, the London-based card-fraud prevention and payment-processing company announced March 22.

Accertify has launched Accertify Chargeback Service, a comprehensive charge-back management platform designed to help merchants save time, cut operational costs and retain revenue, the transaction-screening services provider announced March 23.

WESTON, Fla.–Certain details surrounding new Internal Revenue Service rules requiring payment processors and acquirers to track merchants’ transactions and report them to the IRS remain unclear, but help is on the way.

A start-up person-to-person payments network is teaming with a daily-deals service to tie the use of coupons to a customer’s prepaid card.

Diners at Field of Greens and VooDoo BBQ & Grill may receive discount coupons and eventually may pay for purchases through Mobibucks Corp.’s mobile marketing and payment service under a deal Mobibucks announced with the two restaurants March 21.

First Data Corp. is rolling out a mobile-coupon program for merchants called mVoucher that uses 2-D barcodes and text messages, the Atlanta-based processor announced March 22 at the International CTIA Wireless convention in Orlando.

The banking lobby is pushing to delay caps on debit interchange fees, but JPMorgan Chase & Co. is sending the message that it has already accepted defeat.

Consumers ages 30 to 50 increasingly are using reloadable prepaid debit cards, and the trend might be enough evidence for banks to offer such products to recoup anticipated reductions in revenue from new, reduced debit card interchange rates, new research suggests.

Qiwi Ltd., Russia’s largest payment-service operator, is denying last week’s reports in local media that hackers easily could access its payment terminals to steal money from customer accounts.

Vivotech Inc. has launched a new software suite called Vivonfc to manage payment systems that use Near Field Communication chips, the company announced March 21.

WASHINGTON – With the toughest campaign of his career on tap, Montana Senator Jon Tester collected tens of thousands of dollars in campaign contributions from credit unions, banks and other interests before the Senate Banking Committee, just days before Tester lent his name as co-sponsor of a bill to delay the controversial rule cutting debit fees.

Visa Inc. plans to unveil an improved fraud detection system Monday for CyberSource Corp. customers that it says will cast a wider net than its earlier technology.

A severe security breach at EMC Corp.'s RSA Security may threaten the thousands of banks that use its technology.

Zong Inc. said March 17 that its mobile carrier billing service is now available for video game consoles, interactive television services, mobile websites and other channels.

Responding to growing concerns about cardholder data being exposed when merchants process payments over the telephone, the Payment Card Industry Security Standards Council on March 18 announced guidelines for handling and storing card data within audio recordings at call centers.

More ISOs and agents could begin mining an overlooked “merchant” category. The Girl Scouts of Ohio’s Heartland Council has begun using AppNinjas Inc.’s Swipe Credit Card Terminal for iPhone to accept credit and debit cards from consumers buying members’ cookies.

ISOs and agents are continuing to offer processing services for mobile acceptance devices despite the risk some say might arise from a lack of technical standards.

A number of Olympic and Paralympic fans who tried to purchase event tickets March 16 to next year’s London games were unable to complete orders March 16 if their Visa-branded payment card expired before a certain date.

Littlewoods Europe’s addition of Optimal Payments PLC’s Neteller’s e-wallet as an accepted payment method will help protect customers against card-not-present fraud because they will not have to enter their financial or personal information when making an online purchase, according to the United Kingdom-based online retailer, which announced the service March 15.

Bengaluru Metro Rail Corp. on March 16 launched a prototype of the contactless smart card the subway network for the Indian city of Bengaluru will use starting Apr 4, a spokesperson for the agency tells PaymentsSource.