Retailers

The dollar volume of online fraud rose last year, but actual incidents of fraud dropped, according to a report released Jan. 24 by CyberSource Corp., a unit of Visa Inc.

Independent sales organizations are preaching specialization as they brace for a shakeup caused by giant consumer-facing companies angling for positions in the payments industry.

It may be as close to a David versus Goliath story that the payments industry can muster in the United Kingdom.

Some payments-industry experts feel progress toward widespread support of EMV smart cards in the United States within the next three years appears on target, fueled by the added security they bring to card-present transactions at the point of sale.

PayPal Inc., which has been testing a point-of-sale payment system with Home Depot, reportedly is testing the same system with Office Depot Inc.

Scott Lang wants folks using NACHA's automated clearinghouse network to watch their language, particularly when discussing the actual service.

The world of card acceptance on BlackBerry smartphones has just become more complete.

With Visa debit card spending for online purchases reaching new heights in Europe and the United Kingdom, the timing appears right for consumers to tie those cards to mobile payments.

A startup is attempting to create a mobile-payment system that focuses on digital receipts and rewards. And it leaves payments out of the process.

The new president of the Electronic Transactions Association does more than just talk about turning challenges into opportunities.

Ingenico SA is working with PayPal Inc. on what the companies say is a faster way to improve the point of sale than investing in contactless mobile payments.

If there is a silver lining to the Zappos Retail Inc. data breach, it may be that more merchants, including the shoe-marketing giant, have taken key steps to prevent thieves from stealing customers’ full credit card account numbers, which will blunt potential losses.

Ingenico SA has begun integrating PayPal Inc.'s payment system with its point-of-sale terminals, the terminal maker announced Jan. 16.

Data-security vendors generally acknowledge they are up against extremely high-tech, organized and relentless cybercriminals looking to steal identities and payment card data to execute fraudulent transactions.

A payments gateway offering multiple functions and customization options has become available in recent weeks to independent sales organizations and agents.

JPMorgan Chase & Co. set a strong pace for its credit card sales-volume growth during the fourth quarter that rivals may find difficult to match, but other factors caused the issuer’s net revenues and net income to decline.

Financial Transaction Services LLC wants to help merchants reduce interchange rates on business-to-business transactions and has developed the technology to do it.

Several major cities around the globe have been exposed to contactless-payment methods with cards or mobile phones, but Barcelona, Spain, soon may become the first city in which contactless is the dominant form of payment.

All of China’s bank-led payment platforms and third-party payment providers would have to ensure their customers use their real names when paying online under regulations the People’s Bank of China proposed Jan. 5.

Merchant cash advances, a value-added service some independent sales organizations offer to retailers, are defined as lump-sum payments to a business in exchange for a percentage of its future credit or debit card sales.