After a year of trying to sell itself as a transaction gateway for brick-and-mortar merchants, Authorize.Net Corp. says it has learned one important lesson: when it comes to the point of sale, any Internet-enabled device is capable of being a POS terminal. As a result, the American Fork, Utah-based processor, …

Although their rate of deployment has slowed somewhat, independent sales organizations continue to install ATMs at a rapid rate and now control nearly half of the 394,500 machines in service in the U.S., according to a new study from Tremont Capital Group Inc. Moreover, the Boston-based investment advisory firm's report …

Mobile virtual network operators are finding success in re-selling carriers' prepaid wireless service in part through their efforts to penetrate the youth and elderly markets, which are far less saturated than other age groups, according to a leading researcher. Adding to the MVNOs' ability to pick up new subscribers in …

Prepaid wireless service is surging in the U.S in large part because of the efforts of so-called mobile virtual network operators (MVNOs), which re-sell airtime from the major wireless networks, experts said at an industry conference yesterday. Indeed, the prepaid wireless market in the U.S., counting both airtime and carriers' …

Paradata Systems Inc. is getting set to build up its market share in Internet-based transaction processing in the U.S. To that end, it has added two U.S.-based transaction-processing veterans to its board and is starting to seek out larger independent sales organizations and other resellers to more rapidly expand its …

In an ambitious effort to capture a share of the rapidly expanding markets for both digital content and goods at the point of sale, micropayments processor Peppercoin Inc. today is announcing a second generation of the payments model it introduced commercially only last December. Considerably revised, the Waltham, Mass.-based company's …

Slim CD Inc., a transaction-software company in Coral Springs, Fla., announced today its product has been certified by First Data Corp., allowing banks and independent sales organizations supported by FDC to offer merchants high-speed card transactions on personal computers through Slim CD's software. The company says its product can process …

Pay By Touch, a San Francisco-based company offering a biometrics-based technology that allows consumers to pay at the point of sale without presenting a card, keyfob, token, or any other payment medium, announced today that it has formed an alliance with IBM Corp. that should give the fledgling biometrics company …

Visa USA Inc.'s newly announced interchange pricing for its signature-based, or offline, debit cards are only the starting point for what will be many rounds of negotiations with larger regional and national retailers, say industry observers. Meanwhile, despite the new rate announcement from Visa, MasterCard International Inc. says it is …