With the rise of APIs and the race for consumer loyalty, payments players are under pressure to innovate as never before. The result? A new openness to outside developers. If anything in the payments business can be said to approximate a company’s crown jewels, it’s the code that controls, uniquely …

Merchants like programs that cover their credit card acceptance costs. So do ISOs and acquirers, some of which see a big opportunity in programs that help merchants with surcharging. Surcharging for credit card transactions or offering a cash discount may have obvious benefits for merchants, but these programs also carry …

The increasing commercialization of mobile payments is showing up in a proliferation of so-called Pays from a bevy of banks, tech companies, and merchants. Time was, a cutting-edge alternative-payment service involved entering card or bank-account details into a branded interface on a laptop computer. Mobile payments were nascent, held back …

The increasing commercialization of mobile payments is showing up in a proliferation of so-called Pays from a bevy of banks, tech companies, and merchants. Time was, a cutting-edge alternative-payment service involved entering card or bank-account details into a branded interface on a laptop computer. Mobile payments were nascent, held back …

Merchants like programs that cover their credit card acceptance costs. So do ISOs and acquirers, some of which see a big opportunity in programs that help merchants with surcharging. Surcharging for credit card transactions or offering a cash discount may have obvious benefits for merchants, but these programs also carry …

With the rise of APIs and the race for consumer loyalty, payments players are under pressure to innovate as never before. The result? A new openness to outside developers. If anything in the payments business can be said to approximate a company’s crown jewels, it’s the code that controls, uniquely …

The ATM EMV conversion is only partly done, and now deployers are beginning preparations for Windows 10 only a few years after upgrading to Windows 7. ATM deployers can take solace in the fact that their EMV upgrades are going faster than merchants’ conversion to chip card acceptance. But lest …

The Fed will soon release its long-awaited report on faster payments. Will it help the U.S. catch up with other countries? They’ve been slow in coming, but faster electronic payments soon will be arriving in the U.S. The upside lies in the phrase “faster payments,” with various proposals calling for …

By Kevin Woodward Both QR codes and NFC have their backers and critics. But as mobile payments advance, which acceptance technology will own the future? Merchants and the payments industry alike are vying to encourage more consumers to use contactless payments as a way to displace cash, know more about …

Merchants won a skirmish on Wednesday in their long-simmering battle with the card networks over acceptance costs with a decision by the U.S. Supreme Court to void a lower-court ruling that upheld a state law banning credit card surcharging. The decision, in which all eight Justices concurred, sends the case …