Retailers

One of the first women to succeed in the acquiring business advises her female colleagues not to hold a grudge, even after industry debates become heated.

Standalone contactless payment cards may be headed for extinction in the U.S. The tap-and-pay card technology that began to emerge in the U.S. in 2005 never caught fire, as relatively few merchants adapted their payment terminals to accommodate it.

It may not jolt faster acceptance of Near Field Communication-based payments at the point of sale, but the introduction of other NFC capabilities should at least increase merchant and consumer interest in the technology.

VeriFone Systems Inc. has launched card-payment software in the United Kingdom and Ireland that supports the processing and management of in-store, online and mobile retail transactions, the terminal maker announced June 13.

The Chicago area’s transit authorities are a step closer to a cross-platform open-payment system that will enable riders to use open-loop contactless cards to access buses and trains.

This story has been updated from its original version with additional information.

Ingenico SA plans to install its newest contactless payment terminals in the 3,000 point-of-sale locations in the SNCF, or National Corporation of French Railways, the Paris-based terminal maker announced June 13.

The Home Depot Inc., one of the banking industry's fiercest opponents in the battles over interchange regulations, says its customers have benefitted from lower prices after regulators capped debit card swipe fees last fall.

Merchants seeking a simple means to support multiple payment options such as EMV chip cards and Near Field Communication and the ability to choose ancillary services such as loyalty programs from any vendor might consider adopting a Genius for support.

As the payments industry contemplates the changes affecting point-of-sale systems, two Utah-based companies are providing what they consider a peek into the future with a cloud-managed tablet system.

Photo-clipping social network Pinterest may be the next step for banks and payment companies seeking to add a visual kick to their mobile, tablet and online marketing strategies.

Mobile-payments processor Rev Worldwide is offering merchants in emerging markets a way to accept payments without a bank account.

Easycash Loyalty Solutions GmbH has signed an agreement to provide software for electronic payments in the mobile hand-held terminals of taxis in Belgium.

Planet Payment Inc.’s efforts to reduce U.S. merchants’ international charge-back and online card-acceptance costs through a deal to offer a 3-D Secure service from CardinalCommerce Corp. could hinge on consumer participation in the fraud-prevention service.

Signature Systems says its Swift Exchange platform can address a pain point for rewards wallets: rewards are easier for consumers to earn than to spend.

If some in the merchant acquiring industry consider banks to be unaware of, or at least slow to react to, technological changes in payments, they may want to rethink that perception.

Apple has over 300 retail stores, but it relies heavily on mobile devices — not just cash registers — to handle payments in its aisles. Intuit's latest update to QuickBooks Point of Sale allows its small-merchant clients to duplicate Apple's model.

Online-payments provider Braintree Inc. hopes to add international clients to its customer list during the third quarter.

Cartera Commerce has received $12.2 million in funding from a group of investors led by Comvest Group, the loyalty-shopping platform provider announced June 5.

Square Inc.’s mobile card reader is available at more than 20,000 retail locations nationwide, including Walgreen Co., Staples Inc. and FedEx Office stores, the company announced June 4.