Thursday , March 28, 2024

Search Results for: POS system

Harbortouch Swaps Private-Equity Partners in Deal Valued at $500 Million-Plus

Merchant-services company Harbortouch Payments LLC has a new private-equity investor in a deal valued at more than $500 million. Searchlight Capital Partners L.P. announced Wednesday it made an investment in Allentown, Pa.-based Harbortouch. Jared Isaacman, Harbortouch chief executive and founder, says the deal is valued at more than $500 million, …

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They May Account for a Sliver of Acquiring, But ISVs And VARs Are Poised for Fast Growth

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 …

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8th Annual Field Guide to Alternative Payments

Our list this year showcases some of the most interesting innovation going on in payments. As we put together this year’s Guide, we were struck by the sheer breadth of innovation the 37 entries that made this year’s list represent. Yes, much of this technology has to do with mobile …

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MPC Disputes Durbin Findings and other Digital Transactions News briefs

• The Merchants Payments Coalition, a lobbying group for merchants on payment issues, attacked a Harvard University research paper as “just plain wrong” after the paper argued the debit-interchange caps in the Durbin Amendment to the 2010 Dodd-Frank Act drove up banking costs for consumers. • Terminal maker Ingenico Group …

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Eye on Acquiring: Cayan’s New Terminal for Small Merchants; VeriFone-Revel Integration

Merchant processor Cayan on Monday unveiled a new point-of-sale system for small and mid-sized businesses that want high-tech capabilities without the costs and hassles of managing integrated POS systems like those used by national retailers. Global POS terminal maker VeriFone Systems Inc., meanwhile, announced the integration of its Verifone Point …

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A New Norm

  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 …

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Enlisting Resellers in the Security War

A grassroots campaign is under way to educate payment-application resellers and integrators about data-security best practices. Will costs prove to be a barrier? Data breaches at small merchants may not grab the headlines that hacks at huge chains such as Target Corp. do, but make no mistake, small merchants are …

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What Can Be Learned From the Breach Epidemic?

Each reported breach is a nightmare, but the good news is that each one can also teach acquirers and merchants useful lessons about securing payments data. When fast-food chain Wendy’s Co. became the latest brand-name merchant to fall prey to a data-stealing malware attack in late January, the news served …

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What Can Be Learned From the Breach Epidemic?

Each reported breach is a nightmare, but the good news is that each one can also teach acquirers and merchants useful lessons about securing payments data. When fast-food chain Wendyäó»s Co. became the latest brand-name merchant to fall prey to a data-stealing malware attack in late January, the news served …

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Visa Tweaks a Deadline, but Proceeds With PCI Compliance Plan for Small Merchants

In response to pleas from merchant acquirers, Visa Inc. this month modified a deadline in its program to get small merchants into compliance with the Payment Card Industry data-security standard, a program the leading payment card network announced to acquirers in October. The change affects the usage of qualified integrators …

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