Karen Epper Hoffman A new proposal from European regulators promises dramatic cuts in interchange revenue. Will these rules encourage even more stringent measures in the States? The United States often looks to Europe for trends in fashion, environmental sustainability, and other concerns. Now the issue is payment card expenses and …

Steve Mott Two years after Google’s splashy mobile-wallet debut, there are more wallets than ever, even though Google and others have stumbled. What’s wrong with current wallet strategies, and what kind of future do digital wallets have? If things go according to unofficial reports, the readers of this article will …

Mark Horwedel Heavy costs, unrealistic deadlines, and a looming threat to hard-won Durbin rights are just some of the reasons. The bottom line is the chip card standard badly needs an overhaul. This question posed by the headline on this article seems to come up with increasing frequency these days, …

By Kevin Woodward Smart phones and tablets continue to garner a larger share of payments as consumers increasingly use the mobile devices for more than talking and sending text messages, finds a survey from Amsterdam-based global gateway provider Adyen Inc. In the Adyen Global Mobile Payments Index, covering May through August, …

Durbin Amendment critics have long accused merchants of pocketing the billions they’ve saved since the amendment’s highly controversial debit card interchange price controls took effect two years ago Tuesday. Now, however, retailers are rolling out a study estimating that merchants passed on $5.86 billion in Durbin-related savings to consumers last …

All eyes in the payments business were riveted on Brooklyn earlier this month as lawyers wrangled in federal court over the proposed credit card interchange settlement. What many interested parties—including most observers in the courtroom that day–may have missed, however, is that the hearing brought to light for the first …

At first glance, it looks like a lopsided collaboration between competitors, but the agreement by which mobile point-of-sale upstart Square Inc. will integrate Intuit Inc.’s popular QuickBooks accounting software may end up benefiting both parties equally, some observers say. Under the deal, announced on Tuesday, users of the Square Register …

When it comes to payments, the United States might be considered the land of the gap, according to a Federal Reserve assessment issued earlier this month. The assessment is the first of a three-part research study aimed at spurring the modernization of U.S. electronic payments, which many public-sector researchers and …

Social-media payments specialist Chirpify on Thursday introduced a service that lets marketers promote hashtags on a wide variety of media to solicit purchases. The so-called action tags can appear on TV or radio commercials, in print advertising, or on billboards and then be used on Twitter, Facebook, or Instagram, the …

Tablet computers, which have invaded restaurants and retail stores since the introduction of Apple Inc.’s iPad three years ago, have now begun to see action at sports stadiums. Alabama State University’s newly built stadium on Aug. 31 became the first such arena to use the iPad for concession sales, according …