Acquiring

Mi9 Retail, a vendor of point-of-sale software, announced an integration that will allow merchants to process transactions through payments provider Adyen’s platform. Mi9 serves more than 450 retail businesses globally. Mastercard Inc. said Phillips 66 later this year will integrate Masterpass into the My Phillips 66 app, which will allow …

Merchant processor Fattmerchant said its payments services will be available for clients of eConduit, which provides cloud-based connectivity for point-of-sale terminals used with POS systems, through sales partners. Dallas Fort Worth International Airport has begun a program that allows users to select a parking space online and prepay for it …

Payment card networks and merchant acquirers still don’t have a solid read about how many merchants will take advantage of the networks’ new signature-optional policies that take effect this month. A merchant trade group, however, expects more than half of its members will cease requiring cardholder signatures at the point …

In the increasingly competitive market for tabletop point-of-sale terminals, providers are looking for some magic. One of them, Redwood City, Calif.-based E la Carte, said this week it is changing its name to Presto, which means “fast” in Italian, as the company points out, but also adds that the word …

New York’s comptroller, who oversees the state’s public pension funds, last week sent letters to the four general-purpose card networks, three of the nation’s biggest banks, and First Data Corp. and Worldpay Inc. asking them to assess whether gun sales should be considered restricted high-risk purchases, Bloomberg reported. New York’s letter comes …

Point-of-sale integrators, help desks, and other computer-related service providers for businesses, look out—the hackers are after you. The new Global Security Report 2018 from Chicago-based Trustwave says service providers were involved in 9.5% of the 700-plus data compromises the firm investigated in 2017. In 2016, service providers played a role …

Elavon, the merchant-acquiring subsidiary of U.S. Bancorp, is expanding its Atlanta headquarters and adding 180 jobs over the next three years in its integrated-payments and e-commerce sectors, the Atlanta Business Chronicle reported. In the first deployment of its peer-to-peer payment service outside the U.S., Square Inc. is rolling out its Cash app in the …

POS equipment maker Ingenico Group said KFC Corp., a unit of Yum! Brands Inc., migrated its U.S. payment system to Ingenico’s Telium semi-integrated POS service. Consumers now can make chip-and-sign, chip-and-PIN, magnetic-stripe, and contactless transactions at KFC locations. Online shopping-cart provider 3dcart said its upcoming version 8.1 will support Google …

While mobile-payments growth has fallen short of expectations in the United States, worldwide mobile volume will grow at an average annual rate of 33.8% through 2023, reaching $4.57 trillion by that year, according to projections by Allied Market Research. Market drivers include consumer preference for digital and cashless payments, the firm …

Advent International, a private-equity firm with considerable experience in the payments space, announced Friday that it had acquired a majority stake in the big independent sales organization and payment processor Clearent LLC and merged it with FieldEdge, an independent software vendor serving home-services contractors. Advent had also bought FieldEdge. Financial …