Spot Credit And Mobile Fuel Online Sales There’s been an awful lot of buzz about mobile payments the past few years, and now the payment method is starting to register. Indeed, 2012 marked the first time mobile-originated transactions accounted for a meaningful share of online purchase volume, says Beth Robertson, …

Elizabeth Whalen Nobody likes to pay for parking, but mobile-payment technology is making it more convenient—and creating a potentially huge market for parking-lot companies and technology firms alike. It was on a trip to Ireland in 1997 that David Douglas first discovered that consumers could pay for parking with a …

It’s coming sooner for some players than for others. Here’s why—and how to be a survivor.  By John Stewart and Jim Daly If you’re a purveyor of mobile wallets or a vendor of mobile-acceptance gear, you don’t have to be told that you have plenty of company. What’s less clear …

Elizabeth Whalen The long-awaited test of the telco-backed Isis mobile wallet is under way in Salt Lake City and Austin. What are merchants experiencing? Many in the payments industry believe in the bright future of mobile payments and the potential benefits to consumers and merchants. But after the much-anticipated launch …

Mobile payments are the all the rage in the banking, retailing, and software industries, but the Federal Deposit Insurance Corp. is cautioning banks to keep a short leash on their mobile-payments vendors. The FDIC also warned in a recent report that banks’ role in mobile payments could be reduced as …

A knotty problem involving the EMV chip card standard, debit card transaction routing, and the Durbin Amendment may take a crucial step toward resolution next month when the country’s two largest card networks are expected to indicate whether they will support a potential solution proposed by a debit-network group, according …

It’s been a tad busy at EVO Payments International over the past week. On Thursday, the big independent sales organization disclosed it had bought another ISO, Portland, Maine-based PowerPay. On Nov. 29, EVO announced a deal with Deutsche Bank AG, Germany’s biggest bank by assets, under which it will buy …

If the start of the holiday-shopping season this year has demonstrated anything, it is the new prominence of mobile in the mix of payments. But for all the talk among online merchants about mobile payments, not all will benefit equally from the trend, according to Bill Ready, chief executive of …

If there’s a weak link in the chain of card-data security, it’s small merchants. Many of them represent easy targets for hackers and other data thieves. Worse, the businesses themselves don’t see themselves as vulnerable, and far too many remain unaware of security protocols like the Payment Card Industry data-security …

Jane Adler With an April deadline looming, industry observers’ doubts are growing that merchant processors will be ready to handle EMV transactions. Nothing inspires like a deadline. Just ask the merchant acquirers and processors that face a quickly approaching April deadline to be ready to process EMV or chip card …