PayPal isn't likely to be the last new payment channel Retail Decisions USA Inc. adds to its transaction products for online merchants. The Hazlet, New Jersey-based unit of Retail Decisions PLC in the U.K. announced earlier this month it was adding PayPal acceptance to its transaction-processing software, LiveProcessor, and its …

Card transactions based on radio-frequency technology got a major boost today with the rollout of MasterCard International's PayPass system to some 715 McDonald's Corp. restaurants in New York, Dallas, and Orlando, Fla. The stores will go live with PayPass later this year, MasterCard says, and an undisclosed number of further …

Pick 'n Save Metro Market, a supermarket in downtown Milwaukee, today began accepting transactions secured by Pay By Touch, a San Francisco-based company that authenticates payments through digital representations of customers' fingerprints. This development comes shortly after the announcement of a co-marketing agreement between Pay By Touch and Discover Financial …

Defenders of interchange for electronic credit and debit transactions argue merchants are losing sight of the value interchange pays for. The subject of interchange has become hotly contested in the wake of lawsuits by retailers challenging it or aspects of it, and following recent interchange hikes by the bank card …

As transaction processors add services to their basic product, they put increasing pressure on gateway providers to differentiate themselves. One of the most ambitious strategies for differentiation is being pursued by Authorize.net Inc., acquired this spring for $82 million by Lightbridge Inc., a Burlington, Mass.-based provider of billing and fraud-management …

Moneris Solutions U.S. Group, Chicago, has rolled out a check-conversion and check-authorization service for merchants at the point of sale that combines with the processor's credit and debit card product. The company says it is introducing the new offering to round out its arsenal of processing services for merchant clients …

Competition in the nascent market for micropayments, or transactions of $5 or less, is about to become even more heated. A 10-year-old maker of e-commerce systems for retailers says it is 30 to 45 days away from introducing a micropayments product that will be tied to prepaid consumer accounts and …

Pamela D.A. Reeve, long-time president and chief executive of Lightbridge Inc., has resigned from the Burlington, Mass.-based company, which this spring acquired Authorize.net, a major transaction gateway for Internet merchants, from Infospace Inc. Lightbridge announced that Robert Donahue, a member of the company's board, would step in as interim president …

Although some issuers and processors have soured on so-called single-use or proxy numbers for secure Internet transactions, Discover Financial Services Inc. has just rolled out an advanced version of its own single-use system and plans very soon to begin a major marketing campaign for it. The most significant feature of …

Visa U.S.A.'s consumer authentication system for Internet transactions, Verified by Visa, will see its merchant base expand by 50% in the next few days as online-shopping aggregator 2checkout.com switches on 10,000 Web retailers for the service. It's a significant lift for VbyV, and represents the first fruits of a new …