For all the talk about independent software vendors and value-added resellers as an alternative channel for acquirers to sign up new merchants, the ISV/VAR share of the market is actually quite small, according to research released last week by Annapolis, Md.-based First Annapolis Consulting. The research does indicate, however, that …

Independent sales organizations and merchant-services salespeople considering selling all or part of their merchant portfolios have to consider more than finding the right buyer, said a panel of acquiring specialists. While some portfolio valuations might spike as high as the 40s—referring to a multiple of the net monthly processing revenue—that’s not …

Though merchants have been permitted since 2013 to add surcharge fees to credit card transactions, it’s only in 2016 and 2017 that the practice will become the norm, ushering in a new phase of a sometimes contentious relationship between merchants, the payment card industry, and consumers. That’s the assertion of …

  Semi-integrated POS systems are quickly becoming a preferred option for acquirers and merchants. Among the many outcomes stemming from the U.S. payment card industry’s burgeoning migration to the EMV chip card standard is the rise of semi-integrated point-of-sale systems, which enable merchants to use sophisticated POS software without worrying …

Merchant cash advances can be a God-send for merchants unable to secure traditional bank funding and agents looking to supplement their income. But that boon often comes at a painful premium. The merchant cash advance (MCA) is a common form of alternative lending offered by private lenders. Many independent sales …

Portfolios of independent sales organizations are bought and sold with fair regularity, but a deal that closed as 2016 dawned begged notice because of who the seller was. Merchant processor First American Payment Systems L.P. bought the ISO portfolio of Chase Commerce Solutions, the merchant-acquiring and payment-processing unit of banking …

Portfolios of independent sales organizations are bought and sold with fair regularity, but a deal that closed as 2016 dawned begged notice because of who the seller was. Merchant processor First American Payment Systems L.P. bought the ISO portfolio of Chase Commerce Solutions, the merchant-acquiring and payment-processing unit of banking …

Subscription payments, also known as recurring billing, is getting renewed attention in the payments industry from companies that provide direct-to-consumer services merchants use, like Recurly Inc., and some providing merchant services, like Fattmerchant Inc. Merchants selling goods and services paid for with subscription payments likely had a busy Cyber Monday …

As the payments industry contends with ongoing state and federal regulatory inquiries, the Electronic Transactions Association will release an updated version of its “Guidelines on Merchant and ISO Underwriting and Risk Monitoring” in February. The final edits are being made, says Deana Rich, principal of Deana Rich Consulting Inc., which …

Merchant processor First American Payment Systems L.P. on Thursday reported that it bought the independent sales organization portfolio of Chase Commerce Solutions, the merchant-acquiring and payment-processing unit of banking giant JPMorgan Chase & Co. Neither company would disclose the purchase price or the number of ISOs and merchants involved in the …