The White House is scheduled to dress down credit card issuers this week. That and current and possible bills in Congress increase the chances of new regulations on merchant acquirers, according to a lobbyist for the Electronic Transactions Association trade group of independent sales organizations and other merchant processors. Congress …

RideCharge Inc., a software vendor specializing in the taxicab market, is getting more mileage on its booking and payment application as the popularity of mobile phones grows. The Alexandria, Va.-based firm most recently added the largest cab company in Boston, the 200-plus vehicle fleet of Boston Metro Cab, to its …

Entrepreneur Steve Case, whose founding of America Online Inc. helped popularize the Internet, told an audience of bankers on Monday that his new venture is set to shake up electronic payments by dramatically slashing costs for merchants and consumers. Case's remarks came on the same day that venture, St. Petersburg, …

The Pulse electronic funds transfer network on Monday announced it will test transactions in which consumers use PIN debit cards to pay online merchants. The Houston-based network is the third EFT system to agree to run such a pilot using technology from Acculynk Inc., an Atlanta-based software company. The Accel/Exchange …

Cardtronics Inc. chief executive Jack M. Antonini has left the company, the big non-bank ATM network operator announced on Wednesday. The company didn't give a reason for the sudden departure of Antonini, who has been its top officer since 2003, though a short press release indicated its board of directors …

More information is trickling out about new transaction fees planned by Visa Inc. and MasterCard Inc. While the main ones are slightly under 2 cents per affected transaction, when applied to the vast stream of bank card purchases they could produce more than $600 million in new revenues for the …

The nation's largest processor of e-commerce transactions this week announced its commitment to a test involving PIN debit payments on the Internet. Chase Paymentech Solutions LLC, which processes for merchants that control more than half of all U.S. transactions on the Web, expects to sign between three and five sizable …

The Accel/Exchange electronic funds transfer network has signed up a handful of issuers for an Internet-based PIN debit pilot that processed its first transaction, for $9.49, on Wednesday, according to Michael Kelly, general manager of the Morris Plains, N.J.-based network, a unit of Milwaukee-based bank processor Fiserv Inc. Kelly says …

A software program that works with point-of-sale terminals allows small merchants to process card transactions at the lowest available interchange rates and arms them with cost-saving technology that up to now was available only to large retailers, according to the independent sales organization that introduced the technology this week. “Tier …

Further evidence that independent sales organizations are mobilizing to sell Check 21-based electronic check processing to merchants emerged last week with First American Payments L.P.'s announcement that it will re-sell remote deposit services from RDM Corp., a Waterloo, Ontario-based vendor of electronic-check solutions. Fort Worth, Texas-based First American, which provides …