Retailers

VeriFone Holdings Inc.’s upcoming VX point-of-sale terminals will be upgradeable to future Payment Card Industry security standards, the terminal maker says.

Though some merchants experienced severe financial difficulties during the recession and some went out of business, many others made prudent business decisions and scaled back spending to remain operational, Glenn S. Goldman, president and CEO of Capital Access Network Inc., told PaymentsSource this week at the Electronic Transactions Association Annual Meeting and Expo in Las Vegas.

Hoping to take advantage of what it says is a growing popularity of ‘virtual’ gift cards that use card numbers but no plastic, gift card processor TenderCard is offering independent sales organizations the ability to sell merchants Giftango Corp.’s virtual gift card system.

Why are best practices so important to ISOs? For many, they are an effective means to ensure uniformity and help increase visibility into company operations to ease merchant concerns.

Acculynk Inc., which enables merchants to accept PIN-debit purchases online, is broadening its offerings to include online card processing and is making its products available for resale through ISOs, the company announced last week.

Newtek Business Services Inc., a small-business services company, once again is a preferred vendor to the more than 200 car dealers belonging to the General Motors Minority Dealers Association, New York-based Newtek announced this week.

Pricing is a top consideration for independent sales organizations when choosing processor and acquiring-bank partners, and many ISOs are not satisfied with their current relationships, according to a recent report from Aite Group LLC.

Acculynk Inc., which enables merchants to accept PIN-debit purchases online, is broadening its offerings to include online card processing and is making its products available for resale through independent sales organizations, the company announced Wednesday.

Hoping to extend its reach to mobile merchants, USA ePay, a payment gateway, this week launched a portable card-acceptance machine that connects to Apple Inc.’s iPhone and iPod Touch products.

Adyen Inc., a Netherlands-based online payment gateway company, is expanding into the United States, the company announced April 5.

VeriFone Holdings Inc. last week named Chase Paymentech Solutions LLC as one of its preferred merchant processors for users of its mobile phone card reader.

Despite feeling the effects of a down economy, ISOs continue to propel much of Global Payments Inc.’s revenue growth, executives from the payment processor said last week during the company’s fiscal third-quarter earnings conference call with analysts.

From the April 2010 issue of ISO&Agent magazine.

Editor's Note from the April 2010 issue of ISO&Agent magazine.

From the April 2010 issue of ISO&Agent magazine.

From the April 2010 issue of ISO&Agent magazine.

From the April 2010 issue of ISO&Agent magazine.

From the April 2010 issue of ISO&Agent magazine.

A majority of independent sales organization and merchant acquiring salespeople say the nation’s latest recession had an impact on their compensation, the results of the ISO&Agent 2010 Compensation Survey show.

VeriFone Holdings Inc. on April 2 announced the acquisition of TaxiTronic Inc.’s minority ownership in the VeriFone Transportation System joint venture the two companies formed in 2005.