Consumers seem to be very forgiving of retailers who experience data breaches, according to findings from a recent survey for the Merchant Acquirers’ Committee, a trade group of payment processors. Most customers resume shopping—and using a payment card—at a breached retailer within a few months, and among those that don’t …

On Wednesday, PayPal Holdings Inc. made it clear it hasn’t given up on expanding its reach with merchants beyond processing e-commerce payments. The company announced a new in-app payments initiative for its popular Venmo peer-to-peer payments app, a move that follows a recent agreement with First Data Corp. that furthers …

To the extent there is greater mobile-payments use among merchants and consumers this year, that increase will likely bring with it a greater potential for fraud. That’s the cautionary note from Fair Isaac Corp. executive T.J. Horan, vice president of fraud solutions at the analytics-software company. In-store mobile payments will …

Processor Total System Services Inc. (TSYS) is buying acquirer TransFirst Holdings Inc. for $2.35 billion, Columbus, Ga.-based TSYS announced Tuesday. The deal, which is expected to close in the second quarter, puts an end to TransFirst’s plans to explore an initial public offering. Hauppauge, N.Y.-based TransFirst last October filed an …

For e-commerce merchants, the screen is getting smaller very quickly, according to the latest quarterly report from payments company Adyen. Some 17.5% of all e-commerce transactions on Adyen’s platform in the fourth quarter were made with a smart phone, compared to 16% with a tablet, the Netherlands-based company said late …

In 2015, American Express Co. had a bad year. Hit hard by competitive pressures on merchant fees and cobrand-card returns, as well as swooning gasoline prices, the big card network on Thursday reported a 4% decline in revenue net of interest expense for the year to $32.8 billion, its first …

E-commerce merchants and the payments companies providing them with merchant services have reason to be both happy and disappointed with the 2015 holiday season. On the one hand, merchants handled the voluminous number of e-commerce orders by using their physical stores to fulfill their online sales. The volume of these …

Subscription payments, also known as recurring billing, is getting renewed attention in the payments industry from companies that provide direct-to-consumer services merchants use, like Recurly Inc., and some providing merchant services, like Fattmerchant Inc. Merchants selling goods and services paid for with subscription payments likely had a busy Cyber Monday …

With the National Retail Federation’s annual trade show kicking off Monday in New York City, a number of payments companies tried to get a head start on the show by releasing news over the weekend. Much of it concerns developments for the physical point of sale. Here’s a wrap-up of …

As the payments industry contends with ongoing state and federal regulatory inquiries, the Electronic Transactions Association will release an updated version of its “Guidelines on Merchant and ISO Underwriting and Risk Monitoring” in February. The final edits are being made, says Deana Rich, principal of Deana Rich Consulting Inc., which …