Mercury Payment Systems LLC may be considering a move to take the independent sales organization public. On Friday, Durango, Colo.-based Mercury issued a release disclosing it had filed a confidential draft registration statement with the U.S. Securities and Exchange Commission that may presage the payment company’s public stock offering. Such …

Retailers, and the trade associations representing them, that are opposed to a $5.7 billion settlement of a class-action antitrust case challenging credit card interchange rates are contesting federal judge John Gleeson’s affirmation Friday of the settlement amount. Defendants in the 8-year-old litigation, which was heard in the District Court of …

While questions remain concerning when it will launch and how it will work, the Merchant Customer Exchange mobile-payments venture continues to sign up retail companies large and small. And in a twist unique to MCX, with each merchant it signs for acceptance it apparently fences off that merchant from competing …

Square Inc. on Monday introduced the fourth generation of its now-famous payment card reader for mobile devices. The company has added new technology and made the device 45% thinner than its 22-month-old predecessor, two factors that may reinforce Square’s message that it is the cool merchant processor, different from all …

The recent announcement that U.S. Bancorp would issue American Express-branded credit cards brings yet another big domestic bank into American Express Co.’s network of third-party issuers under a strategy AmEx uses to build transaction volume. AmEx had 77 so-called Network Card License (NCL) arrangements with banks worldwide at the end …

Europay-MasterCard-Visa (EMV) chip cards will come to the U.S., but probably not before the payment card networks postpone current deadlines and offer strong incentives for merchants that might include interchange relief and dumping the signature as a cardholder- verification method, according to a new research report from Celent LLC. Card …

Online commerce has hit a trifecta of sorts. New Jersey on Tuesday became the third state, in addition to Nevada and Delaware, to allow some forms of online gaming. And with its debut, more payments companies are at work on providing services to gaming operators and their users. n Registered …

So far, the passes have chopped an average of 15 seconds off drive-up service times for the close to 600 customers who have registered their devices for the program. “That’s huge for us,” Stephen Baclini, president of Rawson Food Service, which operates six Wendy’s stores on the island, tells Digital …

  Consumers with compatible smart phones now can load the Isis mobile wallet onto their devices and pay with a tap anywhere contactless payments are accepted in the United States. Isis is a payment scheme backed by wireless carriers AT&T Mobility, Verizon Wireless and T-Mobile USA. The smart-phone wallet, which …

The actual number of data breaches taking place in the United States may be much higher than generally understood, if a recent survey of corporate security professionals is any indication. The canvass of some 200 so-called malware analysts working for large and small enterprises revealed that fully 57% have dealt …