Content about Merchant services

January 24, 2014

Global Payments plans to acquire Payment Processing (PayPros). PayPros, based in California, is a provider of fully-integrated payment solutions for 58,000 small-to-medium sized retailers in the U.S.

Global Payments plans to acquire Payment Processing (PayPros). PayPros, based in California, is a provider of fully-integrated payment solutions for 58,000 small-to-medium sized retailers in the U.S.  

December 16, 2013

Merchant Warehouse, a leading provider of payment technologies and merchant account services, has appointed Christopher Wuhrer as SVP, strategic initiatives and product marketing.

Merchant Warehouse, a leading provider of payment technologies and merchant account services, has appointed Christopher Wuhrer as SVP, strategic initiatives and product marketing.

With more than 18 years of experience in payments, e-commerce and mobile technology, Wuhrer will be responsible for driving the product vision, direction and go-to market strategies for the company's product and service offerings.

November 7, 2013

Payvision, an independent payment services provider, has added JCB Card to its global payment portfolio. As the only international payment card brand based in Japan, JCB has a strong presence in Asia, while processing secure payment transactions for its expanding network of 24 million merchants worldwide.

Payvision, an independent payment services provider, has added JCB Card to its global payment portfolio. As the only international payment card brand based in Japan, JCB has a strong presence in Asia, while processing secure payment transactions for its expanding network of 24 million merchants worldwide.

October 7, 2013

Merchant Warehouse, a leading provider of payment technologies and merchant account services, has entered into a partnership with Revel Systems, a point-of-sale software developer.

Merchant Warehouse, a leading provider of payment technologies and merchant account services, has entered into a partnership with Revel Systems, a point-of-sale software developer. 

According to both companies, Revel Systems' integration with Merchant Warehouse's Genius Customer Engagement Platform enables merchants to gain greater business intelligence capabilities to more effectively streamline, analyze and grow their businesses.

October 2, 2013

Global Payments president Jeffrey S. Sloan has been named as the company's CEO by the company’s board of directors. He succeeds Paul R. Garcia, who has been the company’s CEO since June 1999 and Chairman since October 2002.

Global Payments president Jeffrey S. Sloan has been named as the company's CEO by the company’s board of directors. He succeeds Paul R. Garcia, who has been the company’s CEO since June 1999 and Chairman since October 2002.  

Under Garcia's leadership, Global Payments became a publicly traded company in early 2001. At that time, Global Payments generated annual revenues of under $350 million, nearly all of which was sourced in the United States. Today, Global Payments is a multinational corporation with nearly $2.5 billion in revenues for fiscal year 2013.

September 4, 2013

VeriFone Systems has launched GlobalBay Merchant, a point-of-sale software platform and support infrastructure designed to help ISOs and acquirers provide tablet POS solutions to small and medium businesses.

SAN JOSE, Calif. — VeriFone Systems has launched GlobalBay Merchant, a point-of-sale software platform and support infrastructure designed to help ISOs and acquirers provide tablet POS solutions to small and medium businesses.

July 26, 2013

Merchant Warehouse, a leading innovator of payment technologies and merchant account services, has appointed Russell Harty as SVP of the company's key accounts and partner channel.

BOSTON, Mass. — Merchant Warehouse, a leading innovator of payment technologies and merchant account services, has appointed Russell Harty as SVP of the company's key accounts and partner channel.

Harty, who boasts more than 20 years in the payments industry, will be charged with evaluating and adding new partners and expanding the footprint of Merchant Warehouse solutions, including the Genius Customer Engagement Platform, with partners, value-added resellers and key accounts.

July 25, 2013

Leading payments processor Vantiv cited strength in its E-commerce business as a key driver of a second quarter performance that saw revenues increase 11% to $519.4 million and profits on an adjusted basis increase 21.6% to $82.7 million, or 40 cents a share. Vantiv said its E-commerce business grew by 38% during the second quarter.

Leading payments processor Vantiv cited strength in its e-commerce business as a key driver of a second quarter performance that saw revenues increase 11% to $519.4 million and profits on an adjusted basis increase 21.6% to $82.7 million, or 40 cents a share. Vantiv said its e-commerce business grew by 38% during the second quarter.

May 17, 2013

A year after Groupon acquired Breadcrumb, a point of sale system and iPad app, the deal-of-the-day website has launched the suite of cloud-based iPad and smartphone tools. The free iPad app enables quick-service eateries, salons, spas and retail merchants to maximize revenue.

CHICAGO — A year after Groupon acquired Breadcrumb, a point of sale system and iPad app, the deal-of-the-day website has launched the suite of cloud-based iPad and smartphone tools. The free iPad app enables quick-service eateries, salons, spas and retail merchants to maximize revenue. 

Breadcrumb products include flexible iPad point-of-sale products and payments solutions for all businesses, which include a low price guarantee on credit card transaction fees, free installation assistance and 24/7 phone technical support. 

May 8, 2013

Elavon, a leading global payments provider and wholly owned subsidiary of U.S. Bancorp, has promoted Simon Haslam to the position of president and CEO. Haslam succeeds Mike Passilla, who recently departed the company.

ATLANTA — Elavon, a leading global payments provider and wholly owned subsidiary of U.S. Bancorp, has promoted Simon Haslam to the position of president and CEO. Haslam succeeds Mike Passilla, who recently departed the company.

Haslam joined Elavon in 2005 and was president of Elavon International Markets. He is credited with leading Elavon’s successful expansion throughout Europe, South America and Latin America, including the company’s recently completed joint venture with Banco Santander.

February 25, 2013

Visa announced that it has signed an agreement with leading mobile commerce provider ROAM, an Ingenico company, to enable merchants of all sizes to accept electronic payments using mobile technology.

FOSTER CITY, Calif. — Visa announced that it has signed an agreement with leading mobile commerce provider ROAM, an Ingenico company, to enable merchants of all sizes to accept electronic payments using mobile technology. The companies aim to displace cash payments by expanding the reach of electronic payments to new merchant categories, and by making it easier for merchants and acquirers to take advantage of secure mobile acceptance solutions.

February 5, 2013

The National Retail Federation has been outspoken in its criticism of credit card fees and now a group called the Electronic Payments Coalition that represents credit unions,banks and payment card networks is firing back, claiming that the retail lobby is making false statements regarding checkout fees.

WASHINGTON — The National Retail Federation has been outspoken in its criticism of credit card fees and now a group called the Electronic Payments Coalition that represents credit unions,banks and payment card networks is firing back, claiming that the retail lobby is making false statements regarding checkout fees.

September 20, 2012

Retailers are up in arms over the proposed settlement filed in July of antitrust lawsuits filed by merchants against Visa, MasterCard and the nation's largest banks.

ARLINGTON, Va. — Retailers are up in arms over the proposed settlement filed in July of antitrust lawsuits filed by merchants against Visa, MasterCard and the nation's largest banks. A total of nine associations representing a broad swath of retail industry expressed their reservations to members of Congress on Thursday, charging that their interests were not represented and asking Congress to reject that settlement.

December 20, 2011

Mobile payments provide retailers an opportunity to take advantage of the newest method of payment. The Center of Retail Research recently released some interesting figures, numbers that clearly shows the growing trend of customers using mobile money.

By Jacob Thompson

Mobile payments provide retailers an opportunity to take advantage of the newest method of payment. The Center of Retail Research recently released some interesting figures, numbers that clearly shows the growing trend of customers using mobile money. It also predicted that about one out of every 10 shoppers would purchase a gift this holiday season using a mobile device. 

February 9, 2011

Consumer Reports announced that its Trouble Tracker Index has climbed for the third straight month to 58.7.

YONKERS, N.Y. -- Consumer Reports announced that its Trouble Tracker Index has climbed for the third straight month to 58.7. The index, which tracks the depth and breadth of financial difficulties among households, has climbed up from 54.2 last month and from 53.4 one year ago.

June 24, 2010

The National Retail Federation announced that it welcomed a House-Senate conference committee’s decision to include...