EVO in Deal with Deutsche Postbank for European Expansion
EVO Payments is set to purchase Deutsche Postbank’s merchant acquiring business, P.O.S. Transact.  more »
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British online payments company Optimal Payments has acquired Canadian mobile platform developer FANS Entertainment for about $13 million. more »
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U.S. acquirers are looking to expand their business in emerging markets, where small merchants are starting to enter the commercial framework. more »
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PayPal's plan to expand its OneTouch instant checkout service has shifted into high gear via an update that will support all merchants using the e-commerce platform Bigcommerce. more »
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A year after initialing establishing a presence in Australia with its mobile card reader, Square Inc. says it will open its fourth "global hub" in Melbourne to expand uptake of its Register tablet-based point of sale system. more »
Bill Clerico, CEO and cofounder of WePay
WePay has pushed its tools for international e-commerce payments primarily to U.S.-based companies, and the vendor is now looking to extend its reach abroad through a fresh infusion of funds. more »
Paul Galant, CEO of Verifone
If Verifone wants to benefit from the major card brands' efforts to operate in China, it must confront a virtual army of independent sales organizations already selling low-cost payment terminals. more »
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While U.S. banks and clearing houses contemplate how to convert the country's payments system into near real-time, Taulia has made strides by offering a dynamic discounting option to encourage clients to use its technology for B2B payments. more »
The Payment Card Industry security standards council's PCI 3.0 revision, revealed in January, adds requirements that take effect at the end of June, putting unprepared merchants at risk of fines if they suffer a breach. more »
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Global Payments will launch the OptBlue program in Canada in early summer, the first acquirer/processor to use the American Express program to adjust Amex card pricing for Canadian merchants. more »
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As more U.S. banks issue EMV-chip credit and debit cards, consumer education remains a challenge, particularly if consumers overlook the paper inserts that come with their new cards. more »
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NCR Corp., has updated its transaction processing solution, Authentic, with features such as a browser-based point of sale and card management interface. more »
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Few businesses accept cards for B2B transactions, dreading an interchange charge of 2% to 5% on sales that total thousands of dollars. But there are instances where the benefits of using cards outweigh the cost. more »
Merchants and consumers are more mindful of security than ever, but there is still much work to be done to educate them on how to protect account data and prepare for the shift to EMV-chip cards. Fortunately, the industry has help. The ETA, which recently appointed Wells Fargo exec Debra Rossi as its president, is welcoming more technology companies to its ranks to help members adapt to the shifting competitive landscape.