Remove merchant
article thumbnail

FIS plans to spin off merchant unit

Payments Dive

The payments processor plans to spin off its merchant business, which will reclaim its Worldpay name, and appointed its former CEO, Charles Drucker, to lead the unit.

Payments 418
article thumbnail

States split over gun merchant category code

Payments Dive

California passed a law last week forcing use of a gun merchant code, but other states have done the opposite. Now, maybe Congress will act.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fiserv racks up merchants for pay-by-bank services

Payments Dive

The Federal Reserve’s new instant payments system is driving more merchant interest in pay-by-bank capabilities for consumers, a Fiserv executive said.

System 369
article thumbnail

Amex cardholder data exposed in merchant processor hack

Payments Dive

The point-of-sale attack on a merchant processor may have compromised card numbers, expiration dates and cardholder names, Amex said in a state regulatory filing.

Data 412
article thumbnail

Pagos aims to check merchants’ payments costs

Payments Dive

With a recent venture capital infusion for the merchant software tools provider, Pagos is planning to add jobs, including engineers.

Software 221
article thumbnail

Merchant Lynx Services acquires National Credit Card Processing Group

Payments Dive

The purchase gives Merchant Lynx Services a payment acceptance presence in the highway construction and large equipment sector, a Merchant Lynx executive said.

National 221
article thumbnail

Gun merchant code approved for card purchases

Payments Dive

An international standards body approved a new merchant code that will apply to gun sellers for transactions using credit card networks like Visa and Mastercard.

Cards 459