Select-A-Branch, the multibranded surcharge-free ATM network, reported on Tuesday that it has completed installation of 10 machines in Massachusetts Bay Transportation Authority subway stations, but its growth train won't stop in Boston. “Look for us in some major airports,” Dan Stechow, chief operating officer of King of Prussia, Pa.-based Select-A-Branch …

A Miami-based startup says it signed up more than 5,000 cardholders in the first two days its service was commercially available last week in a program that allows consumers to lock in the current price of gasoline by prepaying for fuel. MyGallons LLC, which began its service last Monday after …

Data breaches are running at record levels, according to the San Diego-based Identity Theft Resource Center, a non-profit that tracks cybercrime. ITRC says it recorded 342 data breaches from Jan. 1 through June 24, up 69% from the same period in 2007. But, like the origins and perpetrators of so …

The PCI Security Standards Council this week said it would extend the reach of its rules for PIN-entry devices (PEDs) to cover unattended payment terminals such as pay-at-the-pump gasoline dispensers, kiosks, and vending machines. The extension also affects devices called hardware or host security modules (HSMs), which are secure cryptographic …

With complaints from fuel marketers reaching a crescendo, Visa Inc. introduced on Thursday a sweeping new credit and debit card interchange rate structure for gasoline that leaves sellers better off for many consumer credit card transactions over $30. In conjunction with the new rates, the card network also announced it …

A seemingly unremarkable magnetic-stripe card reader from a software company specializing in payment applications for users of eBay Inc.'s online merchant marketplace and its PayPal payment system is just hitting the market, but it could mark another advance for PayPal into the world of point-of-sale payments. The reader and its …

Despite lots of headlines, prepaid cards account for only a small share of payments by underbanked consumers, according to results of a survey released Monday by The Center for Financial Services Innovation, a non-profit affiliate of Chicago-based ShoreBank Corp. The national survey of 2,799 adults age 18 and older and …

The federal government took in $27.1 billion in payments through credit cards in fiscal 2007 and paid at least $433 million in merchant discount fees, according to a new report from the Government Accountability Office, the investigative arm of Congress. Agencies that were able to break out their interchange costs …

The first merchant to sign up for an Internet-based payment system that relies on consumers' online-banking programs and settlement through the automated clearing house network says the system appeals to customers who are fearful of entering credit card details on Web sites. The merchant also hopes the new system will …

The opponents and defenders of bank card interchange had their say on Thursday before the U.S. House of Representatives' Judiciary Committee. What's next for the controversial Credit Card Fair Fee Act of 2008, however, is uncertain. The bipartisan bill introduced by panel chairman John Conyers Jr., D-Mich., and Rep. Christopher …