Retailers

Though there are no plans yet for the U.S. to adopt EMV chip-and-PIN technology, U.S. merchants are not all in the same boat in terms of their readiness to adopt EMV technology, observers say.

Calpian Inc., a Dallas-based lender to independent sales organizations, is turning to the investor community to raise money so it can complete more deals.

VeriFone Systems Inc.’s $9 million deal earlier this month to buy mobile point-of-sale terminal maker Way Systems Inc. is not surprising to analysts who follow the POS-device industry.

Two point-of-sale terminal makers recently introduced new products or updates to their product lines.

In a move one analyst says might be tied to poor results following a change in company sales strategy, Heartland Payment Systems Inc. has reassigned its chief sales officer to a regional director position, the Princeton, N.J.-based payment processor announced Friday in an 8-K report filed with the Securities and Exchange Commission.

Larger financial institutions are beginning to engage in broader product and service agreements, and that is opening the door to more outsourcing opportunities, the chief financial officer at Fidelity National Information Services Inc. said Sept. 7 during the Citi Global Technology Conference.

VeriFone Systems Inc. on Sept. 9 announced the acquisition of encryption-services provider Semtek Innovative Solutions Corp., a company in which it previously provided equity funding.

Transaction processor First Data Corp. expects to sign up more than 100,000 merchants by the end of this year for its new TransArmor payment card security product. TransArmor uses a combination of tokenization and encryption to secure transaction data as it passes through merchants’ systems.

Only acquiring banks and the largest ISOs have to file formal written plans with the card brands to explain how they intend to bring the nation’s 5 million small retailers, restaurateurs and other mom-and-pop businesses into compliance with Payment Card Industry data security standards. But everybody in the credit and debit card “food chain” feels the sometimes-unpleasant effects of those plans.

VeriFone Systems Inc.’s $9 million deal this week to buy mobile point-of-sale terminal maker Way Systems Inc. is not surprising to analysts who follow the POS device industry (see story).

Cielo S.A., a Brazil-based merchant acquirer with approximately 1.2 million active merchant accounts, is buying 30,000 Optimum T4205 point-of-sale terminals from Hypercom Corp., the terminal maker announced Sept. 2.

Only acquiring banks and the largest ISOs have to file formal written plans with the card brands to explain how they intend to bring the nation’s 5 million small retailers, restaurateurs and other mom-and-pop businesses into compliance with Payment Card Industry data security standards. But everybody in the credit and debit card “food chain” feels the sometimes-unpleasant effects of those plans.

VeriFone Systems Inc. plans to use its acquisition of Way Systems Inc. to attract more merchant interest in its mobile-payment systems. But the deal also eliminates a competitor, analysts say.

Hypercom Corp.’s announced change on Aug. 31 of its sales leadership overseeing multilane point-of-sale products and Latin America signifies the payment-terminal maker’s desire to increase market share and to develop new sales channels.

Twin brothers Zachary and Matthew Hyman this year have added more than 11,000 merchants to their San Rafael, Calif.-based Central Payment ISO, putting them on track to reprise their success with a previous ISO.

TransFirst, a Hauppauge, N.Y.-based independent sales organization, has expanded a referral agreement with New York Community Bancorp Inc. to include the bank’s recent acquisitions of Cleveland-based AmTrust Bank and Phoenix-based Desert Hills Bank, and to offer more services, TransFirst says.

To boost its mobile-payment strategy, VeriFone Systems Inc. announced Wednesday it has acquired the assets of Way Systems Inc., a point-of-sale terminal and gateway services provider for mobile merchants. The purchase price included a $6 million upfront payment and an earn-out payable in one year of up to an additional $3 million if certain performance targets are met.

Hypercom Corp.’s announced change on Aug. 31 of its sales leadership overseeing multilane point-of-sale products and Latin America signifies the payment-terminal maker’s desire to increase market share and to develop new sales channels.

Fifth Third Processing Solutions LLC today announced the availability of a new product, PCI Assist, designed to help the processor’s smaller merchants validate their compliance with the Payment Card Industry Data Security Standard.

ACI Worldwide Inc. said Monday that it would supply payment services to Domino's Pizza Inc.