By Jim Daly Some merchant categories such as restaurants are moving slowly into EMV chip card acceptance ahead of the looming Oct. 1 liability shift because they experience little of the fraud EMV cards are intended to prevent, while others are going to find losses “winging back at them,” executives …

Point-of-sale payment card fraud will be easing off, thanks largely to the introduction of EMV chip card payments to the U.S. in the next few years. But fraudsters, according to a new report from Javelin Strategy & Research, will be back in stores armed with cards using stolen credentials from …

  Mobile POS devices may not displace entirely the traditional countertop POS terminal, but they could come close. It emerged six years ago among the smallest of merchants and had only one function: accepting credit and debit card transactions. But now the mobile point-of-sale device and its attendant software have …

Getting mobile payments to click with merchants and consumers will require new models for digital marketing. And doing it right will take lots of money and time. (Editor’s Note: This is the second part of a two-part examination of the current landscape for mobile payments. Part One, which sized up …

With the rapid spread of commerce on mobile devices, a key problem for merchants is getting customers to follow through with checkouts on tiny screens. PayPal Inc.’s answer to the problem is a solution that lets consumers check out with a single touch or click, and on Thursday it made …

These days, the payments business is all about mobile innovation. But, as ever, it’s also about adoption. How many of these players will crack that nut? If anything rules in the payments business, it’s adoption—the ability of a new payment service to win usage by consumers and uptake by merchants. …

Five big players are slugging it out to win what has proven to be all-too-elusive: consumer and merchant adoption. Here’s a close look at the Big 5’s strengths and weaknesses. (Editor’s Note: This is the first part of a two-part examination of the current landscape for mobile payments. Look for …

The message about EMV and its payment-processing benefits is not sinking in with smaller merchants. That’s the assessment from Heartland Payment Systems Inc.’s chief executive Robert O. Carr, who says Heartland is responding by offering all-in-one security technology that includes but goes beyond EMV. “Well, resonating would be an overstatement,” …

Brian V. Mooney, who on Tuesday took over as interim chief executive of the retailer-controlled Merchant Customer Exchange LLC payments consortium, brings strengths to the organization that could prove valuable when MCX at last launches its long-awaited CurrentC mobile-payments system, sources tell Digital Transactions News. And, by some accounts, he …

  As the U.S. payment card industry continues its monumental shift to EMV chip card technology, one group of merchants will lag. More than 70% of small merchants will not be EMV compliant by Oct. 1, the date the card networks have set to shift liability for point-of-sale fraud to …