GS Logo
The Green Sheet, Inc

Please Log in

A Thing
View Archives

View flipbook of this issue

Care to Share?

Table of Contents

Lead Story

What it takes to thrive in payments today – Part 1


Industry Update

News Briefs

Trade Association News: ETA's Transact 18: not the same-old, same-old


From Sisyphus to excellence in certifications

Naganand Jagadeesh

Gauging gains in ACH, faster payments

Patti Murphy
ProScribes Inc,


Street SmartsSM:
Springtime– a time to get energized

Steven Feldshuh
Merchants' Choice Payment Solutions East

Mobile operators can add value with prepaid

Brion Bonkowski
Tern Commerce

What same-day funding options should you offer?

Dee Karawadra
Impact PaySystem LLC

Company Profile

Merchant e-Solutions Inc.

New Products

White-label app marketplace for merchants, platforms, brands

AEVI Marketplace
AEVI International GmbH

Payments' new, API-driven marketplace


If you can pitch to one, you can pitch to a group


Global cyber threat landscape changing


Letter from the editors

Readers Speak: How will the GDPR affect my business?

Resource Guide


A Bigger Thing

The Green Sheet Online Edition

May 14, 2018  •  Issue 18:05:01

previous next

News Briefs

Editor's Note: Following are excerpts from news stories recently posted under Breaking Industry News on our home page. For links to these and other full news stories, please visit

Sysnet survey finds small merchant PCI compliance lagging

A recent merchant acquirer survey by Sysnet Global Solutions revealed that overall small merchants are not effectively engaging in PCI compliance programs. Among the acquirers surveyed, higher merchant PCI compliance rates remain a top priority, with most targeting 70 percent as the minimum compliance rate, and more than 15 percent aiming for 90 percent or higher PCI compliance compliance rates within their merchant portfolios.

Walmart pilots mobile checkout in garden centers

To reduce checkout lines as spring gardening season got underway, Walmart Inc. began piloting a program called Check Out With Me in the Lawn & Garden Centers at over 350 Walmart stores nationwide. According to Walmart, sales associates at select stores equipped with cellular devices and Bluetooth printers can scan customer items, accept card payments and provide printed or electronic receipts on the spot, allowing customers to pay and go.

Paper offers tips for ISOs, ISVs, seeking payment services partners

The payment needs of merchants are changing rapidly, forcing ISOs and independent software providers to rethink their partnerships with each other and with payment services providers to optimize client relationships. A white paper titled The ISO/ISV Convergence: Do Payments Systems Hold the Key to Helping Both Sides Thrive?, published by Paysafe Group Ltd., provides insights on what ISOs and ISVs should look for in payments partnerships.

Payments leaders forge alliance

On April 19, 2018, several payments industry leaders joined forces under a newly formed parent company called Aurora Solutions. The alliance brings together partners Jeff Brodsly, President and CEO of Chosen Payments; Sabin Burrell, co-founder and CEO of BlueSquare Resolutions LLC; former BBVA Compass executive 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 vertical 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 electronic benefit transfer (EBT) cards for qualified recipients of the federally funded grant program 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 benefits during fiscal year 2017. Benefits were administered 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 Diego in late April alleging that Shift4 Payments LLC is "usurping control" of the market for mid-to-large table service restaurants. Payment Logistics requested the court to undo the January acquisition of Shift4 Corp. that led to the creation 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.

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

previous next

Spotlight Innovators:

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