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Payment-services company Merchant Link LLC and point-of-sale terminal maker Pax Technology Ltd. have signed agreements to use Voltage Security Inc.’s advanced SecureData encryption service, the security technology company announced in separate news releases Jan. 11.
January 12 -
An online version of US Dataworks Inc.’s Clearingworks payment service is now available to businesses looking to automate many of the nonelectronic payments they receive, the Houston-based company announced Jan. 11.
January 12 -
A limited numbers of Bangkok commuters this spring will begin testing the use of a single, contactless smart card to access the city’s two train networks, an official at the Bangkok Mass Transit System Co. Ltd. tells PaymentsSource.
January 12 -
Bigger merchants are breaking free of the confines of the cash register with mobile technology originally designed for mom-and-pop stores.
January 11 -
Ingenico S.A. and Merchant Link, a Silver Spring, Md.-based provider of payment gateway and data-security services, announced Jan. 10 an agreement to jointly offer On Guard with Merchant Link’s TransactionVault tokenization technology.
January 10 -
American Express Co. has appointed Toby Eduardo Redshaw executive vice president and chief information officer, replacing Stephen Squeri, who was promoted. Redshaw previously was global chief information officer for Aviva PLC.
January 10 -
Visa Inc. says it plans to implement a dual interchange schedule for issuing banks and credit unions in the wake of debit interchange regulation.
January 7 -
Merchant processor Global Payments Inc. on Jan. 6 reported net income of $53.5 million for its fiscal second quarter ended Nov. 30, down 14.8% from $62.8 million during the same period last year. Revenues, however, increased by 8.4%, to $443.5 million from $409 million.
January 6 -
Visa Inc. says it has made upgrades to its Advanced Authorization antifraud system.
January 6 -
Ingenico S.A.’s new iSC220 and iSC250 point-of-sale terminals will accept magnetic stripe and both contact and contactless chip card payments, the terminal maker announced Jan. 4. The terminals, which also can capture signatures, go on sale later this quarter.
January 6 -
Online payment provider SafetyPay Inc. has inked a deal with the Brazil-based bank Banrisul to enable the bank’s 3 million customers to use its platform to make online purchases from international merchants, the firm announced Jan. 5.
January 6 -
U.S. online sales volume reached a record $32.6 billion during the 2010 holiday shopping season, up 12% from $29.1 million during the corresponding period a year earlier, according to data comScore Inc. released Jan. 5. ComScore’s data reflect e-commerce sales during the period from Nov. 1 to Dec. 31.
January 6 -
Taiwan on Jan. 1 began taking initial steps toward creating an integrated transit-payment system by introducing multicard readers on Taipei’s bus network, according to the Ministry of Transportation and Communications.
January 5 -
United Bank Card Inc. is making its Harbortouch point-of-sale system available for free to merchants that continue to use the company to process their payment card transactions, the Hampton, N.J.-based independent sales organization announced Jan. 3.
January 5 -
VeriFone Systems Inc. has completed its acquisition of Gemalto N.V.’s point-of-sale terminal business, VeriFone announced Jan. 3.
January 3 -
PayPal Inc. this year will set up its first foreign currency settlement platform in Chongqing, China, along with five international e-commerce centers under an agreement the unit of eBay Inc. signed with the Chongqing Municipal Government on Dec. 28.
January 3 -
The FBI has raided a Dallas server farm that housed computers used to launch Internet attacks against PayPal Inc., according to an affidavit posted by TheSmokingGun.com.
December 30 -
Commuters on the Delhi Metro rail network soon will be able to use their credit, debit and dual-function cards to make payments at the stations for various types of services, a spokesperson for the Delhi Metro Rail Corp. tells PaymentsSource.
December 30 -
Network International LLC has entered into a strategic partnership with Abraaj Capital, which announced the deal Dec. 22.
December 28 -
The Bank of the Philippine Islands has selected Hypercom Corp. to provide terminals for its card-payment systems, the Scottsdale, Ariz.-based terminal maker announced Dec. 21.
December 28