How some unscrupulous players are bilking unsuspecting merchants by promising fast—but expensive—ways to recover acceptance costs. A surcharge is a fee that is added to a card transaction, either as a set amount or a percentage of the transaction, typically to allow the merchant to recover all or part of …

• Payments-services provider ACI Worldwide Inc. said it expects the rate of attempted online fraud in the United States during the holiday shopping season will increase 43% over the same period last year, based on transaction data it has seen so far. This increase follows U.S. adoption of EMV cards at the …

Consumers who use their Samsung Pay mobile wallets to make a payment will be rewarded for their transactions with the debut this week of Samsung Rewards. Announced Monday, the program enables consumers to earn points for their Samsung Pay transactions, which can be redeemed for retailer gift cards, prepaid Samsung …

Two years after the launch of Apple Pay, here’s a look at Cupertino’s entry and at services from the other tech titans that have joined the mobile-payments game—and at how financial institutions are reacting. Of the three major third-party wallets, Apple Pay is now 2 years old while Alphabet Inc.’s …

Students of federal regulation can be forgiven if they’re not yet up to speed on the Consumer Financial Protection Bureau’s new rule governing prepaid accounts. The document runs a total of 1,689 pages, almost double the length of the draft prepaid rule the CFPB issued two years ago. Admittedly, the …

• The rash of hotel breaches continues. Noble House Hotels & Resorts said it confirmed that a payment card system used at its Teton Mountain Lodge & Spa and Hotel Terra may have been breached between Sept. 5 and Sept. 6. The company said there are no indications the breach …

• Office-supply giant Staples Inc. has begun accepting Apple Pay on its mobile Web site, m.staples.com. Staples early on began accepting Apple Inc.’s mobile wallet in its stores and on its app. Apple recently made the service available for browser-based payments using Safari. • More than half of consumers believe …

By Peter Lucas@DTPaymentNews Payment processor Fidelity National Information Services Inc. (FIS) is rolling out Premium Payback, a rewards-redemption application that allows consumers to cash out rewards earned on credit and debit cards at the point of sale through participating merchants. FIS, which piloted Premium Payback at more than 7,000 BP …

There have been some successes, but loyalty programs tied into mobile-payment systems are still few and far between. What will it take to strengthen the relationship? When you think of loyalty programs seamlessly integrated with mobile payments, only two examples loom large in the minds of the public and many …

A gift card marketed by a little-known startup and backed by shares of stock in big-name companies is coming to J-hooks near you. Gift card marketers have dominated the holiday season and other gift-giving occasions in recent years, but now a card is coming to thousands of those checkout-lane racks …