Debit network Shazam Inc. said it will offer The Clearing House Payments Co. LLC’s Real Time Payments service to its member financial institutions.POS Supply Solutions said it acquired Paper-Net, a point-of-sale consumables supplier, earlier this year. Terms were not disclosed. Paper-Net will take on the POS Supply Solutions branding.Professional Data Solutions Inc. (PDI), …

The Western States Acquirers Association announced Jason Putnam, a TIB-The Independent BankersBank executive, is president for 2020, having been a board member for the past 11 years. Deborah Camm, a Merrick Bank executive, is the vice president. Chase Oelkers of Folium Biosciences and Scott Defazio of Fiserv were elected directors. John Newton …

A payments provider called Park Place Payments launched with a direct sales force made up of women and an offer of advanced technology coupled with transparent pricing. Lime, which offers electric scooters for urban transport, has contracted with payout service Hyperwallet to pay so-called juicers, a network of contractors that …

Payment-processing technology company Pineapple Payments has acquired payment-gateway provider Transax for undisclosed terms. The deal represents the fifth acquisition this year for Pineapple, which says it is processing $3 billion in annual volume for more than 13,000 merchants. Payments-technology provider linked2pay introduced what it calls instant merchant settlements for credit …

With an abundance of smart-terminal options available, the question is, when will EMV-weary merchants be ready to deploy this newfangled technology? Emerging from the haze surrounding U.S. EMV merchant adoption, vendor strategies are taking shape aimed at supplanting traditional payment terminals with flashy platforms that promise access to rich ecosystems …

You Said How Many EMV Cards? The conversion of U.S. magnetic-stripe credit and debit cards to the Europay-MasterCard-Visa (EMV) chip card standard is finally under way, but just how quickly most Americans will be carrying smart cards is a matter of debate. Citing reports from industry suppliers, the EMV Migration …

Transactional credit providers have been few and far between. Bill Me Later launched 14 years ago and was snapped up by eBay Inc. in 2008. BillFloat Inc. started up four years ago and has changed its name to Better Finance Inc. It’s a challenging business requiring close attention to funding costs and …

Our Guide spotlights how mobile payments and digital currency drive payments innovation. by John Stewart, Jim Daly, and Kevin Woodward Alternative payment schemes are becoming almost too numerous to count. A few months back, one payments-industry veteran listed all the mobile wallets he knew of and came up with about …

For Retailers, An Unsettling Settlement Retailers and their trade groups opposed to a $5.7 billion settlement of a class-action antitrust case challenging credit card interchange are not going gentle into that good night now that U.S. District Judge John Gleeson has approved the controversial deal. Defendants in the 8-year-old litigation, …

A new smart-phone app hopes to give retailers an edge in capturing sales when consumers use their mobile devices in their stores. Dubbed SelfPay, the app enables consumers to pay for merchandise while standing in a store aisle and leave without stopping at a cash register. Developed by Digital Retail …