By Jim Daly With the U.S. payment card industry’s eyes glued on the coming of EMV chip cards, the main standards body for card security is trying to remind merchant acquirers, merchants, and card issuers that there is more to security than simply embedding a chip into a piece of …

Point-of-sale terminal maker Ingenico Group and chip-maker Intel Corp. will work on producing a tablet that supports EMV chip card and near-field communication (NFC) transactions, Ingenico announced Thursday. The tablet is in response to the U.S. payment card migration to the EMV chip card standard, and the growing adoption of …

By John Stewart EMV chip cards and mobile payments may be two abiding passions of the payments industry these days, but major merchants are far from sold on either technology, judging by comments from a number of them Tuesday at a payments-technology conference. Most big retailers are gearing up for …

By John Stewart While big-time companies like Apple Inc., Google Inc., and Samsung Electronics Co. prepare to battle it out for control of mobile payments, evidence is emerging that consumers may be strongly inclined to reward merchants that accept mobile wallets and punish those that don’t. Some 30% of consumers …

By Jim Daly Another sign that the U.S. EMV conversion has a long way to go emerged last week when a survey of more than 990 independent business owners by Newtek Business Services Inc. revealed that 71% of respondents were unaware of the so-called EMV liability shift coming on Oct. …

Familiar is easier than unfamiliar. This basic truth explains much misspent effort in the payments world. Wallets are familiar. We all have them. So as it became clear that the physical part of payments—cash, checks, plastic cards—would at some point disappear, it was natural to carry the idea of a …

The Gimlet Eye This magazine has been covering near-field communication (NFC) technology for payments at least since early 2006, when the first big field trial took place at a stadium in Atlanta. So we’re conversant with the advantages and drawbacks, the drama and the doldrums, associated with this exciting mobile-payments …

From search engines to social media, online competition has heated up for ISOs and acquirers. What does it take to stay ahead of the pack? If acronyms and terms like SEO, PPC, unique clicks, likes, and tweets sound unfamiliar, the latest digital-marketing efforts used by independent sales organizations and acquirers …

Funding is pouring into payments technology at a furious rate. Now startups and established firms alike are wondering: How long can it last, and what’s the long-term impact? If one thing is certain about the six years or so that have passed since the financial crisis, it’s that nobody can …

By Jim Daly JPMorgan Chase & Co. reported Tuesday that 60,000 merchants use its in-house ChaseNet merchant-processing venture and as of January they were generating annualized charge volume of $16 billion. Merchants in the venture include United Airlines, the Marriott hotel chain, DirecTV, 1-800 Flowers, Groupon, Zillow, and Barnes & …