Just three weeks after its parent company struck a novel deal with PayPal Inc., The Star Network pushed the boundaries of PIN-debit a bit further by unveiling a prepaid card reload service for ATMs and point-of-sale locations. Star, a unit of Atlanta-based processor First Data Corp., claims its load and …

Impatience in the electronic-payments business with the snarled progress of near-field communication for mobile payments is prompting a number of technology providers to develop products that can facilitate transactions without relying on full-fledged NFC. Now Inside Contactless, a major supplier of chips for contactless cards, has entered this arena with …

With credit card growth sputtering, an expanding debit card market will help lift transaction processors' volumes for the foreseeable future, according to new research from Goldman Sachs & Co. The investment bank also predicts processors will find robust growth markets in nascent channels like mobile payments and established debit-related markets …

U.S. payment card issuers missed out on nearly $4 billion in charge volume in 2008, including $78.7 million in interchange, because of problems cardholders had with their cards while traveling abroad, according to a new report by Aite Group LLC. The default response when travelers have a card problem is …

While a raft of players over the past several months have introduced software that equips smart phones to accept cards, Ingenico has introduced a wireless point-of-sale device that combines in one unit the ability to take card payments, print receipts, and act as a personal digital assistant (PDA). The French …

The first Visa-branded debit cards in Canada will be out in 2010's first quarter, Visa Inc. chairman and chief executive Joseph W. Saunders reported late Tuesday. Saunders, reviewing Visa's financial report for fiscal 2009's fourth quarter, also told analysts that signs of recovery from recession are starting to appear in …

Losses caused by massive fraud could bring down as many as 10 financial institutions within the next three years, predict analysts at Treasury Strategies Inc., a Chicago-based consultancy specializing in financial services. Since bank failures are usually caused by economic downturns or mismanagement, the prediction comes as a startling reminder …

There's some evolution going on at Revolution Money Inc., the low-cost PIN-based credit card and electronic-payments venture. In announcing on Tuesday that Fifth Third Bancorp would be a RevolutionCard issuer, Revolution Money revealed a new focus on building its cardholder base and disclosed another $20 million venture-capital investment on top …

Making good on a promise last spring that new developments were in the works, specialty debit processor Tempo Payments Inc. on Monday unveiled a new software-as-a-service platform and three MasterCard-branded decoupled debit card programs. Issued by First Bank & Trust, the cards are the first Tempo-affiliated cards issued by a …

Two new payment applications debuted this week to allow plumbers, pizza-delivery services, and other mobile merchants to accept card transactions on mobile phones. The new apps, from Charge Anywhere LLC and TSYS Acquiring Solutions, follow in line behind a steady flow of such products that have launched this year. But …