Sunday , October 27, 2024

Search Results for: merchants

Decoupled Debit Scheme Pulls Up at the VeriFone Fuel Pump

Consumers this fall will be able to use their smart phones to pay for fuel at certain gas stations that use VeriFone Systems Inc. technology and offer National Payment Card Association’s mobile-payment app, VeriFone announced Monday. Point-of-sale terminal maker VeriFone says convenience store and gas station operators using its Smart …

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New Technology Entrants Capture ISO and Acquirer Attention at Regional Conference

  Recurring revenue from transaction-processing fees has been a staple of independent sales organizations and acquirers for decades. But amid a host of new competitors, the payment-processing industry finds itself wondering what its next steps may be. ISOs are squeezed on one side by large players, like First Data Corp. …

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Clover Looks to App Market, First Data’s Backing to Set It Apart in Crowded Tablet Field

Clover Network Inc., which on Wednesday burst into a crowded market for tablet-based point-of-sale systems, is betting that merchants would like to choose their apps for customer service and checkout in the same way they can load apps on their smart phones. With the new Clover Station, merchants can download …

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New York Case Raises Questions About the Future of States’ Bans on Credit Card Surcharges

By Jim Daly An injunction that puts New York State’s ban on merchants’ credit card surcharges on hold could be a prelude to a bigger legal assault on states’ surcharge restrictions. If pro-surcharging merchants prevail, their actions could add some oomph to a provision in the pending settlement of unrelated …

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Isis’s Abbott Takes the Wraps off New App As Wallet Nears National Rollout

The carrier-controlled Isis mobile-payments system on Monday unveiled a new version of its application and predicted that about 30 million mobile phones will support the near-field-communication-based product by the end of 2014. Speaking at an industry trade show in Las Vegas, Michael Abbott, Isis’s chief executive, demonstrated the new mobile …

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TNS Partners with AJB Software To Bring Outsourced Payment Services to Large Retailers

  Large merchants that work with AJB Software Design Inc. to handle their payments-technology integration have a new option to use for outsourcing their payment needs. They can use TNSPayDirect, a new service from Transaction Network Services Inc., which provides access to an AJB retail transaction switch. AJB’s retail transaction …

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M-Payments Startup CardFree Scores First Merchant with Sonic Drive-In

  CardFree, a mobile-wallet startup founded by payments-industry veterans with experience in mobile-payments apps, says its first merchant partner is Sonic Drive-In, a quick-serve restaurant chain with more than 3,500 locations. CardFree features a geo-location app to identify the consumer’s proximity to the merchant for marketing purposes. The company, which …

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Subway Rollout Deal Launches Paydiant into Front Ranks of Mobile-Payments Players

The deployment, which is expected to start later this year, is being characterized by both companies as a national rollout rather than a pilot. Paydiant’s Chris Gardner, a co-founder of the Wellesley, Mass.-based company, refers deployment questions to Subway, which refuses to comment beyond the companies’ joint press release. The …

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The Gimlet Eye: Acquirers’ App-Based Future

Tablets, at least of the aspirin type, are supposed to relieve a headache. For independent sales organizations and other acquirers and resellers, tablets of the computer type might trigger a migraine. Retailers are just starting to adopt iPads and other such tablet devices to run their stores, but the potential …

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Trends & Tactics

Ammo for ISOs in the Tablet Wars Independent sales organizations are starting to feel squeezed by technology companies selling tablet-based point-of-sale solutions to merchants, according to terminal kingpin VeriFone Systems Inc. So VeriFone last month rolled out a tablet-based platform for its resellers that they can price and market to …

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