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Table of Contents

Lead Story

Security and the changing face of the POS


Industry Update

PayPal introduces dongle for smart phone payments

Good works make for good TV

Square deals

Retailers looking for larger role in POS mobile

TradeHill takes Dwolla to court


Court affirms viability of merchant's direct claim against Visa

Eugene Rome and Liz Wang
Rome & Associates A.P.C.

Research Rundown

Mobile Payments Conference raises EMV questions

Meet The Expert: Justin Milmeister

Payments industry 2012 salary guide

Selling Prepaid

Prepaid in brief

APPPA to tackle calling card complexities

Big challenge to comply with AML's 'Big Seven'


Micropayments are no small matter

Patti Murphy
ProScribes Inc.

New developments in payments (and winemaking)

Brandes Elitch
CrossCheck Inc.


Street SmartsSM:
A year of learning, writing, sharing

Bill Pirtle
C3ET Credit Card Consortia for Education & Training Inc.

Mining the digital gold rush

Dale S. Laszig
Castles Technology Co. Ltd.

Enhance your security protocols

Nicholas Cucci
Network Merchants Inc.

Pricing surprises: Don't let processors eat your lunch

Adam Atlas
Attorney at Law

Company Profile

2000Charge Inc.

New Products

An EMV/NFC ready POS terminal

Xion 2.5
First American Payment Systems L.P.

Mobilizing agents

CB Mobile Office
Merchant Warehouse


Big results from small talk


2012 events Calendar



Resource Guide


A Bigger Thing

The Green Sheet Online Edition

March 26, 2012  •  Issue 12:03:02

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Retailers looking for larger role in POS mobile

Move over Google Inc., Isis, PayPal Inc. and all other mobile payment initiatives. Retailers have their own ideas about how mobile payments should play out at the POS. According to several published reports, a group of about two dozen retailers is working on a mobile payments network of their own.

The reports indicated retailers are unhappy with the mobile payment systems being designed by banks, the card companies, mobile carriers and their technology partners. Retailers are said to want more customer-centric mobile POS services.

Big-box giants Wal-Mart Stores Inc. and Target Corp. are the only retailers confirmed as participating in the project. Chances are good none are among the 20 or so merchants that have signed on already to accept mobile payments using Google's new Google Wallet.

NFC may not dominate market

Mobile payments - especially those based on near-field communications (NFC) technologies - are predicted to be the next big POS trend. U.K.-based Juniper Research, forecasts $50 billion in NFC-enabled payments, worldwide, in 2014. Closer to home, PayPal said it expects to handle more than $7 billion in payments initiated using mobile devices in 2012 alone.

Isis is a project of JVL Ventures LLC involving the leading mobile carriers and all the leading card brands. Isis also has agreements with leading POS device manufactures; its official launch is expected in 2012.

Despite all this activity on the development front, the international consultancy Deloitte Touche Tohmatsu warned that "the complexity of the NFC value chain is a possible barrier to expanding the NFC payment market."

In a new report, NFC and mobile devices: payments and more!, Deloitte also indicated consumers may not be clamoring to use their mobile devices as "digital" wallets. It cites one 2011 survey, for example, in which one in four consumers expressed concerns about things like security and battery life of mobile devices that would be used for mobile payments.

Retailers tried to go it alone before

This isn't the first time retailers have tried to break away from banks and take control of electronic payment initiatives. In the late 1980s, as electronic check authorization and guarantee services began to take root at the POS, a group of large national merchants began their own initiative, called the Shared Check Authorization Network (SCAN).

SCAN differed from bank-oriented POS check authorization services at the time in that it was a centralized database limited to information about bad checks and check-writers contributed by members and owners only. It survived on its own for several years, but eventually, SCAN was acquired by a bank services company.

Today SCAN is operated by Certegy, a part of Fidelity National Information Services Inc. Certegy said the database includes information contributed daily by more than 500 retail chains.

For additional news stories, please visit and click on "Read the Entire Story" in the center column below the latest news story excerpt. This will take you to the full text of that story, followed by all other news stories posted online.

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

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Spotlight Innovators:

North American Bancard | Simpay | USAePay | Impact Paysystems | Board Studios