Retailers

MasterCard has named Craig Vosburg president of North America markets.

Nearly two-thirds of small businesses create a formal plan for growth. But ISOs aren't always privy to the details.

Digital wallets present a classic chicken-and-egg problem.

The EMV deadline has come and gone, and customers and retailers alike are realizing that they need to understand and adapt to the new payment reality both online and offline.

To improve its commerce and restaurant management offerings, Heartland Payment Systems has acquired Digital Dining, a provider of software that enables handheld point of sale devices to interact with conventional fixed terminals.

With the highly anticipated EMV liability shift now in effect in the U.S., merchants have been adopting point-of-sale terminals that can accept chip-based cards.

American Express Co. and merchants fighting the company over rules governing credit-card fees are headed back to the negotiating table.

MasterCard is talking to Merchant Customer Exchange executives about what role the card brand could play in the retailers' CurrentC mobile wallet, but the card brand insists it is just an interested observer in the merchant mobile wallet venture.

PayPal has long desired to be a force in brick-and-mortar payments, a strategy that's more vital than ever as the newly independent company pursues a course that distances it from its former owner, eBay.

Have consumers benefited from the Durbin amendment? Unfortunately for opponents of the Dodd-Frank Act provision that capped debit swipe fees, no one is qualified yet to answer that question.

American Express Co., bracing for a decline in profit after the loss of a key retail partner, made a series of organizational changes including combining U.S. and international units and said that consumer product head Josh Silverman is leaving the firm.

U.S. merchants, card issuers, and payment processors are beginning to switch over to EMV. However, there are frequent reports that large numbers of U.S. merchants are not ready.

The alliance between JPMorgan Chase and the Merchant Customer Exchange represents more than an olive branch between two industries that have typically been at war over fee revenue — it's a result of a years-long transformation in how Chase approaches its relationships with the retail sector.

As retailers gear up for a busy holiday shopping season, many are wondering how much e-commerce, and more specifically mobile commerce payments will contribute to overall sales this year. The quick answer is retailers need to embrace m-commerce.

New mobile wallets like the Merchant Customer Exchange's CurrentC may find themselves in conflict with other high-tech mobile apps that came to market sooner.

Most mobile wallets clearly favor one industry over another, with banks and retailers often pitted against each other in a battle over payment card fees. JPMorgan Chase just made a stunning move by conceding some of this ground to the benefit of the Merchant Customer Exchange.

Last week U.S. House Small Business Committee held the second part of a hearing entitled “The EMV Deadline and What it Means for Small Businesses,” which was supposed to address payment security in the United States.

Bluetooth beacons are gradually appearing in more stores, and some experts predict their use will grow more rapidly once the devices establish a strong link to payments and other vital retail systems.

Starbucks Corp. said JPMorgan Chase & Co. will process transactions previously handled by Square Inc. as the coffee company rolls out terminals that accept chip-based cards.

Target, by all accounts, the corporate face of retail data breach, is driving full force to use its complete embrace of EMV to bolster its tarnished image and put it in the vanguard of card fraud protection and data security. And it is targeting one of the biggest sticking points to EMV: user adoption.