Mitchell Cobrin Americans like a sure thing, which is not proving helpful when it comes to figuring out chip card deployment. Better to identify promising markets, like m-commerce, and recruit partners with expertise. EMV technology, or the point-of-sale payment protocol based on Europe’s Europay-MasterCard-Visa card system, has arrived on U.S. …

Peter Lucas The availability of NFC-enabled smart phones is finally ramping up in the U.S. But handset makers are promoting the snazzy other stuff that NFC delivers, not payments. For years, champions of mobile wallets based on near-field communication (NFC) technology have evangelized how their applications will revolutionize the way …

Selling small businesses on mobile payments is an exercise in frustration, but signs of a breakthrough are appearing where the benefits are most obvious—restaurants, says Rick Berry. There is a lingering perception among the smaller business owners that mobile is out of their reach, too expensive, and too complicated to …

Europay-MasterCard-Visa (EMV) chip cards have entered the classic phase of huge percentage growth from a very small base, according to new U.S. figures from Visa Inc. The leading network this week reported that American financial institutions had issued 3.5 million Visa-branded EMV cards as of March 31, an increase of …

  The fledgling Chase Merchant Services operation may now have a boss, but that doesn’t mean the considerable industry curiosity about the JPMorgan Chase & Co. payments unit is going to be quenched any time soon. Chase officials, beginning with newly appointed CMS chief executive Mike Passilla, are playing it …

  IP Commerce Inc., a 9-year-old Denver-based company that provides platforms for independent software vendors (ISVs) and other payments developers, will discontinue its front-end payment-processing service effective June 30, according to a notice on the home page of the company’s Web site. The company began notifying clients earlier this month, …

  World War I was supposed to be the war that ended all wars. It didn’t, of course. And the settlement announced last July that was supposed to end lawsuits over bank card interchange and related network rules not only is failing to end litigation between merchants and the card …

  If the Federal Trade Commission has its way, all telemarketers will be banned from using remotely created checks and three other payment methods in any transaction. The sweeping ban, which the FTC posted this week in a proposed rulemaking, would also prohibit telemarketers from collecting payment via remotely created …

  The rhetoric spewing from partisans on both sides of the massive credit card interchange-litigation settlement is heating up as a major deadline in the 8-year-old case approaches. May 28 is the last day the court overseeing the case will let merchants opt out of their share of monetary damages …

  The nearly 7-year-old Google Checkout online payment service, once touted as a rival to PayPal, will cease operations in November, Google Inc. announced in a blog post on Monday. In the post, online-search kingpin Google Inc. says it is “retiring” Checkout as part of a “transition to Google Wallet,” …