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NewsBriefs

Editor's Note: Following are excerpts from news stories recently posted under Paper offers tips for ISOs, ISVs, seeking
Breaking Industry News on our home page. For links to these and other full news sto- payment services partners
ries, please visit www.greensheet.com/breakingnews.php?flag=previous_break-
ing_news. The payment needs of merchants are changing
rapidly, forcing ISOs and independent software
Sysnet survey finds small merchant PCI compliance lagging providers to rethink their partnerships with
each other and with payment services provid-
A recent merchant acquirer survey by Sysnet Global Solutions re- ers to optimize client relationships. A white pa-
vealed that overall small merchants are not effectively engaging in per titled The ISO/ISV Convergence: Do Payments
PCI compliance programs. Among the acquirers surveyed, higher Systems Hold the Key to Helping Both Sides Thrive?,
merchant PCI compliance rates remain a top priority, with most tar- published by Paysafe Group Ltd., provides in-
geting 70 percent as the minimum compliance rate, and more than sights on what ISOs and ISVs should look for in
15 percent aiming for 90 percent or higher PCI compliance compli- payments partnerships.
ance rates within their merchant portfolios.
Payments leaders forge alliance
Walmart pilots mobile checkout in garden centers
On April 19, 2018, several payments industry
To reduce checkout lines as spring gardening season got underway, leaders joined forces under a newly formed
Walmart Inc. began piloting a program called Check Out With Me in parent company called Aurora Solutions. The
the Lawn & Garden Centers at over 350 Walmart stores nationwide. alliance brings together partners Jeff Brodsly,
According to Walmart, sales associates at select stores equipped President and CEO of Chosen Payments; Sa-
with cellular devices and Bluetooth printers can scan customer bin Burrell, co-founder and CEO of BlueSquare
items, accept card payments and provide printed or electronic re- Resolutions LLC; former BBVA Compass execu-
ceipts on the spot, allowing customers to pay and go. tive Adam Spencer; and former First Data Corp.
executive Brian Goudie. Chosen Payments and
BlueSquare will continue to operate under their
respective brands and leadership. The group
will also leverage marketing and technology
innovations collaboratively to achieve platform
and geographic expansion into specialized ver-
tical markets.

WIC program transitioning
to EBT payments

By Oct. 1, 2020, all U.S. states, territories and 34
recognized tribal organizations will be required
to replace paper checks or vouchers with elec-
tronic benefit transfer (EBT) cards for qualified
recipients of the federally funded grant pro-
gram known as WIC, the Special Supplemental
Nutrition Program (SNAP) for Women, Infants
and Children. According to USDA FNS data,
nearly 7.3 million women, infants and children
received an average $41.24 in monthly WIC ben-
efits during fiscal year 2017. Benefits were ad-
ministered by 90 State agencies, which covered
more than $3.6 billion in annual food costs.
Anti-trust suit alleges
merchant services monopoly

Payment Logistics Ltd, headquartered in San
Diego, filed a lawsuit in federal court in San Di-
ego in late April alleging that Shift4 Payments
LLC is "usurping control" of the market for mid-
to-large table service restaurants. Payment Lo-
gistics requested the court to undo the January
acquisition of Shift4 Corp. that led to the cre-
ation of Shift 4 Payments, asserting the deal has
allowed Shift4 to monopolize payment interface
and merchant account services for the mid-to-
large table service restaurant market.
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