Offering value-added services and focusing on the right merchant categories can boost profits and take the sting out of portfolio attrition. Talk of margin compression is nothing new for merchant acquirers. The ongoing race for merchants between acquirers, independent sales organizations, and merchant aggregators has led many players into a …

2015 is the year of EMV, as much for the various ways chip cards are causing anxiety for the payments business as for their putative benefits. But a host of other issues is keeping payments executives awake these days, as well. Well, it seemed like a good idea at the …

  Developing a self-pay app is fairly straightforward. The tough part might be waiting for merchants and consumers to catch up. It doesn’t take much to imagine miniaturizing the large cash wraps found in home-improvement and grocery stores that consumers use to scan and pay for their own merchandise. The …

  If consumer adoption of mobile payments is going to break past its current low rate, purveyors of the services will have to find new ways of making m-payments faster and more convenient to use, and attractive for merchants to accept. That’s the assessment from Derek Francom, director of PayPal …

With two strokes of the pen, Merchant Customer Exchange LLC has addressed one glaring weakness in its mobile wallet. By announcing a deal this week with JPMorgan Chase & Co.’s brand-new Chase Pay mobile-payments service and two weeks ago with a little-known New York City-based app provider called BIM Networks …

Up to now, PayPal Holdings Inc.’s Venmo payments service has been strictly a mobile person-to-person product appealing largely to twenty-somethings, but within a year users will be able to pay with Venmo at PayPal merchants if the parent company’s plan works out as expected. PayPal disclosed Wednesday in its quarterly …

Samsung Pay, the mobile-payments service from Samsung Electronics Co. Inc., has added 14 Visa-MasterCard payment card issuers. In addition, Verizon Wireless, the holdout mobile carrier that was absent from Samsung Pay’s launch a month ago, is now supporting the service, a Samsung executive said Wednesday. “We’re expanding our ecosystems,” Thomas …

  A new mobile-payments service that includes loyalty and rewards has launched with the goal of providing retailers with a single source of mobile engagement with their consumers. Dubbed OmnyPay, the service is just one of the many announcements made this week at the annual Money 20/20 conference in Las …

Known for its iPad-based point-of-sale system, Revel Systems said Friday it is making a mobile-commerce app available that merchants can use with their own brands. The app—available now for iOS and Android devices—enables merchants to more easily allow consumers to access product information, check loyalty data, place orders, and pay …

Now that merchant acquirers, and, by extension, merchants, are liable for certain kinds of fraud losses if the merchants aren’t prepared for EMV chip cards, acquirers are starting to put in place EMV non-compliance fees to cover their new risk exposure. One of the first to move on this is …