The conversion of U.S. general-purpose payment cards to the EMV chip card standard is providing windfalls for all sorts of card-industry vendors. A new example comes from the big plastic card manufacturer CPI Card Group Inc., which has filed for a possible initial public offering of stock. EMV cards accounted …

Online-only retailer zulily Inc.’s decision to add Apple Pay as an in-app payment option is about making it easier for consumers to shop and pay on a small screen, the women’s and children’s clothing retailer says. The in-app variation of Apple Pay relies on the Touch ID sensor built into …

By Jim Daly With the much-heralded EMV liability shift now less than a month away, the United States could be likened to briskly walking, though hardly running, toward the finish line of full-fledged chip card payments. New figures provided by Visa Inc. to Digital Transactions News on Friday show that …

By Kevin Woodward Klarna, a Sweden-based payments company that enables consumers to take 14 days to pay for online purchases, says its deal announced Tuesday with Overstock.com is the first of many it expects to make with e-commerce retailers this year. Retailer Overstock.com sells a broad range of merchandise, and …

When Dwolla Inc. in June eliminated its 25-cent transaction fee, it said it intended to make money by launching value-added services that would leverage the network technology it had created. On Wednesday, it launched the latest chapter in this plan with a white-label service that lets banks, businesses, and government …

With all the commotion over mobile payments, the same names keep cropping up in the payments press—Apple, Google, MCX, Samsung, to name a few alphabetically. And I suspect we’d still be talking about Softcard (or Isis, as it was known until last summer) if it hadn’t collapsed into the waiting …

With the business of selling merchant accounts growing more technology-based every day, how are processors going to recruit new independent sales organizations that have the necessary expertise? For at least some processors, the answer lies in inducing independent software vendors, known as ISVs, to become ISOs as well. “Two very …

Now that four years have passed since the Durbin Amendment to the Dodd-Frank Act took effect, the payments industry has had time to assess its effects. One interesting twist is that, for issuers exempt from the law’s rate caps, PIN-debit interchange has actually slid downward. To be sure, issuers generally …

By Kevin Woodward The complexity and multiple configurations of POS systems have some merchants and vendors mired in delays. As the U.S. payment card industry hurtles toward its EMV destiny on Oct. 1, the process for certifying EMV-compliant point-of-sale terminals is moving along well, albeit with one exception. That exception …

After 13 years, PayPal is free of eBay and once again an independent company. It dominates online and mobile commerce, but has stumbled at the point of sale. What will it do now that it calls all the shots? Like a young adult getting his first apartment and starting a …