ISO & Agent

Walmart Pay has been available nationwide at Walmart stores for several weeks, but consumers haven’t taken much notice — a foreboding sign for those hoping for a breakthrough with merchant-branded mobile payment apps.

Square Inc. is joining with restaurant technology startup Upserve to offer loans to eating establishments, extending credit for the first time to businesses that operate outside of its own payments processing system.

Three quarters of debit cards will have chips by the end of the year, but slow merchant adoption is limiting use, according to Pulse.

In a reversal of its longstanding aversion to Apple Pay, Walmart has acquired a company that not only accepts Apple Pay, but gives customers an incentive of 1.5% off the purchase to use a debit card loaded into Apple's mobile pay system.

The National Australia Bank will partner with digital identity proofing company iSignthis to provide advanced card services to merchant customers in Australia and New Zealand.

Walmart Stores Inc. agreed to buy e-commerce startup Jet.com Inc. for about $3.3 billion, giving the world’s largest retailer the resources for a stronger shopping website to compete with market leader Amazon.com Inc.

Merchants using BlueSnap payments technology to power e-commerce and mobile checkout will have Visa Checkout as a payment option for customers.

Payments technology is rapidly changing, but so is the broader environment for retailers, creating a need for flexible and diverse payment acceptance options.

The tough move from free to fee for its readers has Square adjusting its strategy to lure merchants, but it also opens the door wider to new markets, according to CEO Jack Dorsey.

Square Inc., the company that makes white, cube-shaped credit card readers for mobile devices, forecast third-quarter earnings that topped analyst’s estimates, as the company’s core digital payments business grew and its ancillary software and data businesses gained traction.

Three months shy of the EMV liability shift’s one-year anniversary, issuers are making brisk progress but merchants are stuck at a crawl.

Visa announced Quick Chip four months ago, but until today the card brand has not had a place to showcase its faster EMV technology to merchants who feel burdened by the EMV payment process.

At its launch in 2004, ThankYou had its own separate identity, customer base and website from the rest of Citi – even logging into the program was difficult.

The payments and financial technology world is moving ahead at high speed. But an acquirer may feel like the only one on the road obeying the speed limit while other companies zoom ahead.

In the first half of 2016, the payments industry had its most active six months of merger-and-acquisition activity since the second half of 2014.

First Data Corp., the payments processor that went public last year, climbed after posting second-quarter profit that beat analysts’ estimates.

The regulatory winds swirling around acquirers and independent sales organizations are so swift, those who can't stay abreast of the changes are likely to get blown away.

Payment Data Systems (PDS), a San Antonio, Texas-based payment solutions provider, has introduced a streamlined approach for mobile app developers to enable payment acceptance from all Apple Inc. mobile devices.

Square will enable sellers to make daily bank deposits, adding another in a series of merchant-focused perks designed to diversify revenue streams and sweeten the company's appeal to businesses.

Every product has a "sell by" date, and so should every independent sales organization.