Heartland Payment Systems Inc. is accusing VeriFone Holdings Inc. of “tampering” with Heartland customers after the San Jose, Calif.-based terminal company said it will terminate its support relationships with Heartland customers, effective Dec. 31. VeriFone says it will offer complete alternative support at no cost to affected merchants. Heartland merchants …

The year 2012 could mark a milestone for the prepaid card industry. That's when load volume on so-called open-loop, or general-purpose, prepaid cards could surpass load volume on closed-loop cards, if predictions by Mercator Advisory Group Inc. prove true. Maynard, Mass.-based Mercator recently released several prepaid market reports, the latest …

This week's indictment of the alleged criminal mastermind behind the biggest and most notorious data breaches the card industry has ever sustained isn't likely to deter others from stealing card information. Indeed, merchants and processors counting on the charges brought on Monday against Albert Gonzalez (Digital Transactions News, Aug. 17) …

Stunning indictments announced on Monday by the U.S. attorney in New Jersey against three defendants for the first time reveal the number of credit and debit card numbers stolen in the Heartland Payment Systems Inc. data breach: 130 million. That confirms speculation that Heartland's was the biggest card hack ever. …

MasterCard Inc.'s announcement on Monday that The Home Depot Inc. would accept the MasterCard PayPass contactless card at 1,974 U.S. locations, along with last week's news that sporting-goods chain The Sports Authority also would take PayPass, indicate that the card network is looking beyond the original base of cash-oriented merchants …

Merchants that are good prospects for accepting remote deposit capture services have different needs from many credit and debit card-accepting merchants, but independent sales organizations that do their remote capture homework will be rewarded. That was the word on Wednesday from several vendors speaking at the MidWest Acquirers Association 7th …

PIN-debit cards and contactless acceptance seem like two unlikely electronic-payment services to promote in one point-of-sale device, but that's exactly what First Data Corp. is doing with the latest addition to its FD line of POS hardware. The big processor's goal with the new FD-30 PIN pad: build future demand …

They're mad as hell, but whether they're going to take it any more isn't quite as clear. That's the essence of a letter seven merchant trade groups sent Tuesday to the PCI Security Standards Council and the five general-purpose payment card networks. The merchants want more input when the Payment …

Restaurant customers will be able to use their mobile phones to both split and pay dinner tabs with an application now being marketed by Boston-based startup CheXout Systems Inc. The company, which has been incorporated for less than a year and has no live installations, is forging integration agreements with …

Specialty payment processor BankServ, one of the pioneers of remote deposit capture, is preparing a move into the mobile-payments market thanks to its recent acquisition of the assets of Commerciant LP. Houston-based Commerciant offers merchants wireless payments software and a unique wireless terminal that scans checks and takes credit card …