The huge data breach at Target Corp. and now one at upscale department store Neiman Marcus Group and possibly other retailers has introduced many Americans to the term “EMV” and the possibility that more secure Europay-MasterCard-Visa chip cards will replace vulnerable magnetic-stripe credit and debit cards in the United States. …

U.S. retailers and businesses using Roam Data Inc.’s mobile point-of-sale card reader and its software have a new tool to manage multiple readers. Boston-based Roam released Monday ROAMmcm 5, a platform for controlling the payment card readers that attach to smart phones and tablets. n With it, entities can set …

In a bid to streamline its payment process for online retailers, PayPal Inc. is testing a service that lets users pay and check out without leaving the merchant’s site. Dubbed “in-context checkout,” the service, which is designed to work on tablets and mobile phones as well as laptops and desktops, …

Target Corp. on Friday said personal data on 70 million customers were compromised in a separate theft during the same data breach it disclosed last month that exposed up to 40 million credit and debit card accounts of U.S. shoppers. That could bring the total number of customers affected up …

Shopify Inc.’s recent move to offer its merchants a mobile point-of-sale application marks yet another entry in a market that has filled up fast with competitors ranging from PayPal Inc. to Square Inc. and dozens in between. “You would think we’d reached everybody [with mobile POS products], but we haven’t,” …

A mobile point-of-sale service called Sequoia is promising card-present transaction rates for merchants using it, says developer 1Oak Technologies. n Using technology already inside smart phones, the app then creates an encrypted radio wave that is picked up by the Sequoia receiver attached to the payment terminal. That device creates …

Something in the human psyche finds comfort in dividing the passage of time into discrete 10-year segments. Decades have a reassuring heft about them, without seeming to overwhelm, as do, say, centuries. Maybe that’s why it seemed fitting to us to celebrate, with this issue, our 10th year of publishing …

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, …

Karen Epper Hoffman After a major failure several years ago, biometrics is enjoying a renaissance in payments. As usual these days, mobile has a lot to do with it. So does the fear of fraud. Think of it as an authentication trinity—what you have, what you know, what you are. …

Erik Vlugt When it comes to testing hardware and software and training staff, the chip card deadline is a lot closer than it looks. Merchants should start getting ready now. The 2015 EMV liability shift may appear to be a concern for the future; but in reality, merchants need to …