It's not yet four months old, but already Google Inc.'s Checkout Internet payment service is making an impact, with 7% of online retailers surveyed in recent weeks by CyberSource Corp. having adopted it. That compares with 35% for PayPal, 24% for e-checks and other automated clearing house debits, and 16% …

Debitman Card Inc., the PIN-debit alternative network to the major card brands, on Monday signed on another issuer, and one of its top executives says more issuer announcements are coming. Getting retailers to issue as well as accept Debitman has been a major initiative for the San Mateo, Calif.-based company, …

Pay By Touch Inc., which on Monday introduced a new, personal-computer-based authentication service based on fingerprint identification, plans to couple the new service with online payments and loyalty programs some time in the first half of 2007. The new product, called TrueMe, relies on the San Francisco company's technology, along …

Image-exchange volumes continue to climb at a steady pace, and so does the volume of checks settled through image networks as images rather than as paper substitute checks, new data show. SVPCO's Image Payments Network, which links 15 large financial institutions and is the country's largest image-exchange system, reported Monday …

Consumers spend up to $1.5 trillion a year using on small purchases using cash, depending on who's estimating, but converting so-called micropayments into electronics will be one of the payment card industry's tougher challenges. Experts contacted by this newsletter's sister publication Digital Transactions magazine for an upcoming story on micropayments …

The new president of Moneris Solutions Inc., the U.S. arm of Canada's leading merchant-acquiring operation, says he will diversify the company's distribution channels and at the same time seek profitable niches in a highly competitive industry. Buffalo Grove, Ill.-based Moneris currently derives most of its U.S. transactions from merchants booked …

Consumers who participated in a recently ended test in Atlanta of contactless payment on mobile phones may have warmed to the technology (Digital Transactions News, Sept. 8), but banks, transaction processors, independent sales organizations, and other players looking to cash in could now face a formidable hurdle: the wireless phone …

With PIN debit fraud losses rising along with consumer usage of PIN debit cards, MasterCard Worldwide announced on Wednesday a system it says will score PIN transactions in real time to assess their risk of fraud. Purchase, N.Y.-based MasterCard says when the service goes live in the first quarter of …

Three days after Congress passed a law restricting payments for Internet wagers, what seems clear is that the implications for banks and transaction processors are mixed. Observers say the new law will likely prevent most U.S. banks or third-party companies that still process online gambling payments from continuing to do …

A security expert says publicity about a hacker who was able to trick a cash dispenser into giving out four times as much cash as it debited may do some good in preventing this type of fraud. “I think awareness will go up because of this, and that's half the …