Surcharges on credit card transactions could pick up momentum now that only four states effectively ban the practice, a panel of experts indicated Wednesday at a merchant-acquiring trade show. That momentum may benefit not only merchants wary of card-acceptance costs but also merchant-service providers that focus on surcharging as a …

Acquirers are jumping into 2020 with major rebranding and PCI-compliance programs. First up is National Payment Systems. The Portland, Ore.-based company has a new name—Boom Commerce—and has expanded its executive team, the payments provider announced.  Helping to propel this shift is a credit facility with Acrewood Holdings LLC, a Bryn …

A common assumption among merchant acquirers and retailers is that merchants are the ones who ultimately are liable for network fines after a merchant’s data breach. But a recent decision by a federal appellate court that ruled against First Data Corp., the nation’s largest payment processor, sends a message that …

Until recently, Merchant Acquiring and Card Issuing processes were at different ends of the spectrum. However, ingenuity, competitive pricing for merchant services, and an opportunity to better serve the growing number of new businesses are resulting in a confluence of acquiring and issuing in the payments industry.  Acquirers are now …

A number of U.S. payments providers have expanded overseas in recent years, and now more may have an incentive to do so if recent research showing robust growth in merchant acceptance is any indication. The number of physical stores or outlets accepting payment cards worldwide reached 69.2 million last year, …

Merchant acquirers, especially those in the e-commerce and mobile-commerce space, can look forward to strong holiday payment card volumes this year, according to online-commerce analytics firm eMarketer Inc. New York City-based eMarketer’s “Holiday Shopping 2018: A Strong Economy Sets the Stage for a Spending Surge” report released last month predicts …