Acquiring

VeriFone Systems Inc.’s North American revenues dipped sharply in the quarter ended Jan. 31, but the point-of-sale terminal and payment software provider nonetheless said it exceeded its financial expectations as software and services sales rose even as hardware sales fell. San Jose, Calif.-based VeriFone on Thursday reported total revenues of …

The search by online-payments kingpins for avenues into physical-world stores reached a new milestone with the acquisition by Stripe Inc. of point-of-sale technologist Index Inc. Terms of the deal were not disclosed, according to an Index spokesperson, who added the company has no immediate comment on the transaction. A Stripe …

Merchants wondering whether it’s worth it to invest in improving the consumer experience on their mobile Web sites or mobile-shopping apps may want to consider the findings of Worldpay Inc.’s “Mobile Payment Journey” survey. In the survey, released this week, 37% of U.S. consumers said they would spend more for …

The number of debit cards compromised at ATMs and merchant terminals increased 10% in the United States last year, according to antifraud-technology vendor FICO. Newtek Business Services Inc., owner of Newtek Merchant Solutions and Premier Payments LLC, says its payments unit processed $6.1 billion in volume last year. Point-of-sale terminal …

Some 12,000 restaurants in 100 countries already use Toronto-based TouchBistro Inc.’s iPad-based point-of-sale software, but a new agreement with JPMorgan Chase & Co.’s WePay subsidiary could put TouchBistro in touch with many more U.S. eateries. TouchBistro and Chase on Tuesday unveiled TouchBistro Payments Powered by WePay, which will launch this …

Payments provider Paysafe is the first reseller of VeriFone System Inc.’s Verifone Connect service among independent sales organizations, VeriFone announced Tuesday. Verifone Connect is a suite of point-of-sale services, such as payment acceptance, point-of-sale terminal management, and business-management tools, that works with VeriFone’s Carbon and Engage devices. London-based Paysafe is …

Amazon.com Inc.’s interest in launching a checking-account-like product, reported Tuesday by The Wall Street Journal, could have deep roots in its strategy both for payments in general and for Amazon Pay, the payment wallet it operates for non-Amazon sites, expert observers say. Talks between the Seattle-based retailing colossus and banks …

Point-of-sale software maker GiftLogic said its product now supports the Ingenico iCMP wireless POS terminal with Vantiv Integrated Payments. Prepaid and gift-card specialist Blackhawk Network Holdings Inc. said it will supply the gift card products for Wells Fargo’s Go Far Rewards program. Blackhawk is managing the gift card reward element …

The Canadian Federation of Independent Business announced Monday an agreement with JPMorgan Chase & Co.’s Chase Merchant Services that the trade group of small and medium-sized merchants says could bring cuts of nearly 50% for accepting American Express Co. cards to its 110,000 members. The Toronto-based CFIB said Chase, its …

Network Merchants LLC, a technology provider for independent sales organizations, acquirers, and independent software vendors, closed its previously announced acquisition of gateway and EMV technology provider Creditcall for an undisclosed price. Digital cross-border person-to-person remittances will total $300 billion by 2021, up from an estimated $225 billion this year, according …