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 …

In an effort to reach very small online merchants seeking a streamlined way to process payments, Authorize.Net on Tuesday unveiled a service it calls Simple Checkout. The new service allows the merchant to use a Web interface to automatically create the code necessary to place a “Buy Now” button on …

Metavante Corp. on Tuesday announced software that the Milwaukee-based processor and NACHA, the rules-setting organization for the automated clearing house network, say will make it possible for more banks to participate in a new online payment product NACHA plans to start piloting in less than a month. “This [software] is …

Motorola Inc.'s new payment software for mobile phones, called M-Wallet, will begin commercial rollout within three to six months with wireless carriers, the Schaumburg, Ill.-based technology company tells Digital Transactions News. A test of M-Wallet is already in progress, officials say, though they can't give details. The company is in …

A small, privately held company based in the outskirts of Chicago figures it has the platform on which mobile payments will take off in the U.S., a market that up to now has not been favorable for handheld-based transactions. By the end of the year, C-Sam Inc. plans to have …