ControlScan said its SecureEdge platform now offers PCI Data Security Essentials, a service that enables payments providers to offer a more user-friendly alternative to the traditional PCI Self-Assessment Questionnaire to small businesses. Square Inc. released two ways to accept card payments, one via a computer and another using the Lightning …

Best known as an online payment processor, Adyen N.V.’s point-of-sale processing volume in 2018’s first half more than doubled in a year, the Amsterdam-based firm reported Wednesday. In its first earnings report since its June initial public offering, Adyen, which has U.S. headquarters in San Francisco, reported processed volume of …

It has never been easy following the payments business. We know. We’ve been doing it for a living, in one publishing incarnation or another, for the better part of three decades, including 15 years with this magazine. The reason is not hard to figure out. The business is complicated to …

Fresh from its victory in the U.S. Supreme Court, American Express Co. on Wednesday said card-billed business in the more mature U.S. market and its international markets both grew by 10% in the second quarter. New York City-based AmEx reported a total of $296.5 billion in card-billed business versus $269.6 …

Bank of America Corp.’s customers made 35.1 million Zelle person-to-person payments in the second quarter, 142% higher than the 14.5 million Zelle payments they made a year earlier, the Charlotte, N.C.-based banking giant reported Monday. The value of the P2P payments totaled $10 billion, double the $5 billion from 2017’s …

Half of all Visa transactions inside venues in Russia hosting soccer’s World Cup since the opening match June 14 have been contactless via cards, mobile devices, and wearables, the card network reports. Users of PayPal Holdings Inc.’s Venmo peer-to-peer payment service will be able to use Venmo within the Uber …

The Securities and Exchange Commission filed a civil lawsuit Tuesday accusing former Heartland Payment Systems Inc. chief executive Robert O. Carr and his girlfriend, Katherine M. Hanratty, with insider trading in connection with Heartland’s sale to Global Payments Inc. in April 2016.  The lawsuit pending in U.S. District Court in Bridgeport, …

Backed by cloud-based networks, tablet POS systems scramble to find the preferred configuration for merchants. Eight years on, the notion of tablets as the future of point-of-sale systems can be dispelled. Specifically, the form factor is not the critical element in the ascendancy of POS systems and how they connect …

Merchants using hospitality point-of-sale systems face a relentless onslaught by wannabe hackers coveting their payment data. What can put an end to it? Hospitality merchants, such as restaurants, bars, and entertainment venues, know that an effective point-of-sale system can help them operate their businesses better. They can glean valuable information …

Call it Newtonian market dynamics. Sir Isaac Newton propounded the physical law that for every action there is an equal and opposite reaction. Now, in the suddenly vibrant market for person-to-person payments, we’re seeing an analogous reaction unfold. As our cover story on page 22 explains, financial institutions have made …