ISO & Agent

Verifone has entered an agreement to use Barclays' Pingit mobile payment app as part of Verifone's PAYware Ocius mobile gateway. Initially, this deal will support only e-commerce sites but Barclays said the pair may bring the technology to the physical point of sale in a later phase.

Once placed inside of payment cards, computer chips can catalyze uses well beyond merchant security, argues MasterCard's Carlos Cornejo, who adds the card network plans to expand card utility through the mix of chips and tablets.

Square has opened an office in St. Louis, which will serve the mobile point of sale company's clients in the Midwest.

Mobile and e-commerce payments provider Loviit has expanded to the United Kingdom, where it hopes to reach merchants with global ambitions.

As payments technology went into warp speed the past four years, many banks, acquirers and independent sales organizations (ISOs) faced the difficult task of keeping up with all of the potential changes.

U.S. Bank has promoted Jeffrey W. Jones to president of its corporate payment systems group after he spent nearly 15 years as head of global treasury management.

Small to medium sized businesses are often cast as unprepared for the card network's October deadline for EMV-chip card migration. But how bad can it really be?

Retailers beware: Starbucks is changing consumers' expectations in mobile payments yet again.

The convenience store chain 7-Eleven will let consumers pay bills at its stores through an app from PayNearMe.

The U.S. restaurant industry is still challenged to fit EMV-chip card payments into an ordering and payment structure built around cash and magstripe cards. The vendor MyCheck sees this uncertainty as an opportunity to win restaurants over to its mobile payment system.

It wasn't long ago that mobile point of sale companies like Shopkeep were the alternative, the way for very small merchants to finally start accepting cards.

Major payment processors are lining up in support of Android Pay, which Google began rolling out in the U.S. last week.

It's no secret that restaurants are going to be slow to adopt EMV relative to other retail categories, but in the past two months more dining establishments have begun to focus on the business-side issues and changes to customer interaction brought on by chip cards.

PayPal's previous efforts to come to the physical point of sale about three years ago never managed to topple the entrenched payment methods. Now the company is taking another stab at it, securing an arrangement with Macy's Inc.

As the Merchant Customer Exchange's CurrentC mobile wallet goes to trial in Columbus, Ohio—along with a limited test in Target stores nationally—the industry gets it first peek at the venture's priorities.

American Express Co. customers soon will be able to charge purchases at Sam’s Club, months before their cards stop working at larger warehouse retailer Costco Wholesale Corp.

Square Inc., the mobile-payments company founded and led by Twitter Inc. interim Chief Executive Officer Jack Dorsey, plans to hold its initial public offering in the fourth quarter of this year, people with knowledge of the matter said.

Discover was one of the most notable holdouts when Apple Pay first launched in Oct. 2014, but it now plans to launch Apple Pay compatibility Sept. 16.

With the EMV liability shift less than a month away, U.S. merchants have far more on their plates than merchants in other countries had when only weeks from migrating to chip-based payment cards.

First Data Corp., whose investors are led by KKR & Co., is preparing to seek at least $2.5 billion in what would be the biggest U.S. initial public offering this year, according to people with knowledge of the matter.